Welcome!

News Feed Item

Trevor Hash named SVP-Surety at Aegis Security Insurance Group

Surety bond veteran will lead company's efforts to expand surety business across the country

HORSHAM, Pa., March 31, 2014 /PRNewswire/ -- Trevor Hash, a 20-year veteran of the surety bond industry, has been named senior vice president-Surety at specialty insurer Aegis Security Insurance Group, "to help us build upon our strong book of surety business and expand it across the country," Bob Kimmel, Aegis chief executive officer and president of its parent company, K2 Insurance Services, LLC (K2) announced today.

Trevor Hash, senior vice president-Surety, Aegis Security Insurance Group

Kimmel said Aegis currently writes $20 million in surety bond business annually, primarily in the northeast United States, focusing on contract and commercial surety.

"Trevor has a successful background in underwriting surety, and has managed branch offices in New England and the Mid-Atlantic region," Kimmel added. "He will open a new Aegis office in Syracuse, N.Y.  In the months and years to come, we will pursue a strategy of controlled growth in surety, expanding beyond our Northeast footprint and opening additional branch offices across the country."

Since 2008 Hash has been the bond manager in the Syracuse office of Liberty Mutual Insurance Company, managing surety operations in Syracuse, Boston, New York City and Portland, Maine. Prior to that, he held a similar position with Safeco Insurance, which in 2008 was acquired by Liberty Mutual.

Earlier, he held surety bond underwriting positions with Amwest Surety Insurance Company and with Utica National Insurance Group.

"Aegis has a proven track record of profitability in surety, and I'm looking forward to working with the Aegis staff and business partners in continuing this tradition," Hash said.  "In addition, I hope to capitalize on the relationships I've developed to expand the surety business in a controlled, well balanced approach.

"Aegis also has another competitive strength," Hash added. "In addition to its expertise in standard surety business, we have the tools at our disposal to help meet the needs of agents on some of their more challenging business, including nonstandard surety."

Aegis Security Insurance Group has a financial strength rating of A (VII) from A.M. Best Company, and a Treasury listing allowing it to write bonds up to 10 percent of its surplus. "We are actively seeking carrier partners with higher Treasury listings, to enable us to write larger accounts," he said.

Aegis Security Insurance Company was acquired by K2 Insurance Services in April 2013. K2 was formed in 2011 and today includes a group of specialty underwriting companies and managing general agencies. The K2 franchise generated approximately $165 million of gross written premiums in 2013.

K2 was formed with the backing of private equity fund Endeavour Capital, based in Portland, Ore.  Additional information is available at www.endeavourcapital.com.

Photo - http://photos.prnewswire.com/prnh/20140331/CG94074

SOURCE Aegis Security Insurance Group

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Without a clear strategy for cost control and an architecture designed with cloud services in mind, costs and operational performance can quickly get out of control. To avoid multiple architectural redesigns requires extensive thought and planning. Boundary (now part of BMC) launched a new public-facing multi-tenant high resolution monitoring service on Amazon AWS two years ago, facing challenges and learning best practices in the early days of the new service. In his session at 19th Cloud Exp...
There is growing need for data-driven applications and the need for digital platforms to build these apps. In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications. In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...
SYS-CON Events announced today that Bsquare has been named “Silver Sponsor” of SYS-CON's @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. For more than two decades, Bsquare has helped its customers extract business value from a broad array of physical assets by making them intelligent, connecting them, and using the data they generate to optimize business processes.
SYS-CON Events announced today that ReadyTalk, a leading provider of online conferencing and webinar services, has been named Vendor Presentation Sponsor at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. ReadyTalk delivers audio and web conferencing services that inspire collaboration and enable the Future of Work for today’s increasingly digital and mobile workforce. By combining intuitive, innovative tec...
Fact is, enterprises have significant legacy voice infrastructure that’s costly to replace with pure IP solutions. How can we bring this analog infrastructure into our shiny new cloud applications? There are proven methods to bind both legacy voice applications and traditional PSTN audio into cloud-based applications and services at a carrier scale. Some of the most successful implementations leverage WebRTC, WebSockets, SIP and other open source technologies. In his session at @ThingsExpo, Da...
While DevOps promises a better and tighter integration among an organization’s development and operation teams and transforms an application life cycle into a continual deployment, Chef and Azure together provides a speedy, cost-effective and highly scalable vehicle for realizing the business values of this transformation. In his session at @DevOpsSummit at 19th Cloud Expo, Yung Chou, a Technology Evangelist at Microsoft, will present a unique opportunity to witness how Chef and Azure work tog...
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
Almost two-thirds of companies either have or soon will have IoT as the backbone of their business in 2016. However, IoT is far more complex than most firms expected. How can you not get trapped in the pitfalls? In his session at @ThingsExpo, Tony Shan, a renowned visionary and thought leader, will introduce a holistic method of IoTification, which is the process of IoTifying the existing technology and business models to adopt and leverage IoT. He will drill down to the components in this fra...
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, will discuss the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports. The session will include a working demo and a technical d...
I'm a lonely sensor. I spend all day telling the world how I'm feeling, but none of the other sensors seem to care. I want to be connected. I want to build relationships with other sensors to be more useful for my human. I want my human to understand that when my friends next door are too hot for a while, I'll soon be flaming. And when all my friends go outside without me, I may be left behind. Don't just log my data; use the relationship graph. In his session at @ThingsExpo, Ryan Boyd, Engi...
SYS-CON Events announced today that Pulzze Systems will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Pulzze Systems, Inc. provides infrastructure products for the Internet of Things to enable any connected device and system to carry out matched operations without programming. For more information, visit http://www.pulzzesystems.com.
SYS-CON Events announced today that Numerex Corp, a leading provider of managed enterprise solutions enabling the Internet of Things (IoT), will exhibit at the 19th International Cloud Expo | @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Numerex Corp. (NASDAQ:NMRX) is a leading provider of managed enterprise solutions enabling the Internet of Things (IoT). The Company's solutions produce new revenue streams or create operating...
If you’re responsible for an application that depends on the data or functionality of various IoT endpoints – either sensors or devices – your brand reputation depends on the security, reliability, and compliance of its many integrated parts. If your application fails to deliver the expected business results, your customers and partners won't care if that failure stems from the code you developed or from a component that you integrated. What can you do to ensure that the endpoints work as expect...
WebRTC adoption has generated a wave of creative uses of communications and collaboration through websites, sales apps, customer care and business applications. As WebRTC has become more mainstream it has evolved to use cases beyond the original peer-to-peer case, which has led to a repeating requirement for interoperability with existing infrastructures. In his session at @ThingsExpo, Graham Holt, Executive Vice President of Daitan Group, will cover implementation examples that have enabled ea...
The Transparent Cloud-computing Consortium (abbreviation: T-Cloud Consortium) will conduct research activities into changes in the computing model as a result of collaboration between "device" and "cloud" and the creation of new value and markets through organic data processing High speed and high quality networks, and dramatic improvements in computer processing capabilities, have greatly changed the nature of applications and made the storing and processing of data on the network commonplace.