Company Overview of United Guaranty Corporation
United Guaranty Corporation, a mortgage insurance company, provides underwriting and risk solutions to mortgage lenders worldwide. The company, through its subsidiaries, provides a range of insurance products and services. It also offers mortgage guaranty insurance for first and second mortgages that protects against mortgage credit losses. The company's range of financial products and services to lenders and investors includes mortgage fraud recovery services and private education loan default insurance. In addition, it provides contract underwriting, customer billing, and underwriting operations to support affiliate companies of United Guaranty Corporation, as well as reinsurance coverage ...
230 North Elm Street
Greensboro, NC 27401
Founded in 1963
Key Executives for United Guaranty Corporation
Chief Executive Officer and President
Chief Financial Officer and Executive Vice President
President of Domestic Consumer Group and Group Executive of Domestic Consumer Group
President of Canada Operations
Compensation as of Fiscal Year 2014.
United Guaranty Corporation Key Developments
United Guaranty Corporation Announces Executive Appointments
Apr 3 14
United Guaranty Corporation announced that it has named Tom Parrent as Chief Risk Officer. Parrent comes to the company from American International Group Inc., where he had been Senior Managing Director of Asset Risk Analytics within Corporate Enterprise Risk Management since 2012.Parrent joined United Guaranty in Greensboro when former United Guaranty CRO Jason Berkey was named Chief Portfolio Actuary for AIG's Global Consumer Insurance. With the addition of Parrent, John Gaines was named Senior Vice President, Chief Underwriting Officer and will join the company’s Policy Committee. Gaines, who has been with the company for 16 years, was previously SVP, Deputy Chief Risk Officer.
United Guaranty Corporation Announces Earnings Results for the Third Quarter of 2013
Oct 31 13
United Guaranty Corporation announced earnings results for the third quarter of 2013. For the quarter, the company reported pre-tax operating income of $43 million compared to pre-tax operating income of $3 million in the third quarter of 2012. Net premiums written increased 24% to $272 million.
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