The Guarantee Names New CEO Of North America Operations
The Guarantee has named Stephen C. Ruschak (pictured) as CEO of both The Guarantee Company of North America and The Guarantee Company of North America USA.
Ruschak replaces Jules Quenneville, who returns to serving as president and co-CEO of Princeton Holdings Limited; Quenneville will also continue to serve as a member of the board of directors of The Guarantee Company of North America. In addition to his new responsibilities, Ruschak will continue to hold the position of president of The Guarantee Company of North America USA.
Donna Barclay will also continue to serve as president and chief operating officer of The Guarantee Company of North America, reporting to Ruschak.
Ruschak joined The Guarantee in 2009 as president of the North America USA operation. In that role, he built a strong team and has driven profitable growth in the USA, a release said. Ruschak has a diverse background in insurance, which includes experience in claims, underwriting, reinsurance and surety.
He graduated from Albion College in Michigan, with a BA in History. Ruschak earned his JD from the University of Detroit School of Law and his MBA from The University of Chicago Booth School of Business. Ruschak is a member of the board of directors of the Surety and Fidelity Association of America, serving on the executive committee.
Ruschak is also a former president of the National Association of Independent Sureties.
People Power: Building The Future Of Insurance One Career At A Time
The insurance industry is at a pivotal point. As emerging technologies reshape underwriting, claims processing, and cust... Read more
Private Equity's Great Divide: Is The Future Insurance-Funded Or Fee-Driven?
A fundamental shift is taking place at the top of the private equity industry. While firms like Blackstone remain commit... Read more
Japan's Next Battleground: The Insurance Sector Under Activist Pressure
Farallon’s push at T&D Holdings marks a shift in focus for activist capital targeting Japan’s untapped insurance... Read more
Cover And Conflict: Tensions Rise Between Insurers And Litigation Funders
Burford’s clash with Chubb signals a deeper rift in the legal-financial ecosystem A high-profile dispute between li... Read more
Underwater And Uninsured: How Climate Risk Is Reshaping The US Mortgage Market
As climate change intensifies, its effects are no longer confined to coastlines or news reports on extreme weather. In t... Read more
When The Raters Get Rated: What The Fitch–Kroll Feud Says About Oversight And Accountability
In a rare and unusually public confrontation between two of America’s credit rating agencies, a recent feud between Fi... Read more