Charles Schuver Appointed President of Guarantee Insurance Company

FORT LAUDERDALE, Fla., Jan. 6, 2011 /PRNewswire/ -- Patriot National Insurance Group announced today the appointment of Charles K. Schuver as President and Chief Operating Officer of its subsidiary, Guarantee Insurance Company.  Mr. Schuver was previously Chief Underwriting Officer for Guarantee Insurance Company and will continue to retain that responsibility.  In his new role, Mr. Schuver will oversee all operations of Guarantee Insurance Company, a specialty workers' compensation insurance provider.  

Steven Michael Mariano, Chief Executive Officer and Chairman of Patriot National Insurance Group said, "Since joining Patriot in May 2008, Charlie has demonstrated a sophisticated understanding of our business and succeeded in growing premium and profit for the company.  His many accomplishments make him the natural choice to lead the organization."

"I look forward to the expanded role," Mr. Schuver said.  "Guarantee Insurance Company has a great platform and I am excited to be working even more directly with our dedicated and experienced staff to deliver excellent products and services in the specialty workers' compensation market."

Mr. Schuver has 30 years experience in the insurance industry and has held numerous senior management positions with leading insurance companies.  Prior to joining Patriot National, Mr. Schuver was Corporate Underwriting Executive at Arch Insurance Group, and held previous positions of Strategic Development Executive, Casualty Practice Leader and General Manager at Royal and Sun Alliance Insurance Group.  He is a graduate of the University of Washington (BS) and the University of Pennsylvania (MS).

Guarantee Insurance Company

Guarantee Insurance Company focuses on workers' compensation insurance with an expertise in alternative market insurance products. Guarantee offers agents and brokers creative risk transfer solutions customized for their clients. Guarantee's product line includes large deductible, segregated cell portfolio captives, agency-owned captives, investor captives and traditional workers' compensation insurance.  For further information, please visit www.guaranteeins.com.

SOURCE Patriot National Insurance Group