Farmington Hills, Mich., March 31, 2022 β ΜΗΠΔ΄«Γ½ is pleased to announce the launch of a new specialty division: ΜΗΠΔ΄«Γ½ Surety. The new business is managed by ΜΗΠΔ΄«Γ½ Mutual Insurance Company and will leverage select agency relationships to offer contract surety products.
The surety leadership team joins ΜΗΠΔ΄«Γ½ with a strong history of established market relationships and industry expertise.
βI am thrilled to welcome talented and experienced leaders, Michael Ito and Aaron Green, to oversee our surety solution,β said Greg Crabb, president and CEO at ΜΗΠΔ΄«Γ½. βSurety business is a natural fit for ΜΗΠΔ΄«Γ½, given our targeted focus on construction, and will help advance our expertise and capabilities in this market.β
Headquartered in Farmington Hills, the surety group will operate selectively through surety specialists and dedicated agents who take a service-oriented and consultative approach to understanding client needs. The surety team will report to ΜΗΠΔ΄«Γ½ chief financial officer and treasurer Chris Spaude.
βTrue partnerships are a critical component of the established ΜΗΠΔ΄«Γ½ culture,β said Michael Ito, senior vice president of surety at ΜΗΠΔ΄«Γ½. βWe are very excited to build sustainable, agent-centric partnerships and offer surety solutions in a service model consistent with ΜΗΠΔ΄«Γ½βs trusted vision.β
The foundational pillars of the new division β highly valued exclusivity, agency-driven processes, and superior service β underscore the teamβs focus on establishing selective, long-term agency partnerships.
βThe agent is our customer β period. Our focus is on enhancing the agentβs role in the process to ensure everyone receives the most value out of the relationship,β said Aaron Green, vice president of surety at ΜΗΠΔ΄«Γ½. βWe look forward to further strengthening the ΜΗΠΔ΄«Γ½ brand with a valuable product.β
About ΜΗΠΔ΄«Γ½ Insurance
ΜΗΠΔ΄«Γ½ is a leading provider of commercial property and casualty insurance solutions for U.S.-based construction, manufacturing and healthcare businesses. Licensed in all fifty states and available through an exclusive network of elite independent agents, the company upholds an βAβ (Excellent) financial strength rating, industry-leading service scores, and multiple awards for innovation. ΜΗΠΔ΄«Γ½ has been in business for more than 100 years and is consistently named among the best places to work in the industry and throughout the nation. To learn more, visit .
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