Triad Guaranty Employee Directory
InsuranceUnited States51-200 Employees
Triad Guaranty is a United States-based insurer founded in 1987 to provide private mortgage insurance. It operates through Triad Guaranty Insurance Corporation, In Rehabilitation, a wholly owned subsidiary of Triad Guaranty Inc., and it ceased issuing new commitments in 2008, entering voluntary run-off while honoring existing certificates. In run-off, the company continues to manage in-force policies by paying claims, collecting premiums, and collaborating with customers to reduce mortgage-related losses and help keep borrowers in their homes. Triad Guaranty functions in the mortgage insurance segment of the insurance industry, supporting lenders by assuming risk on private mortgage loans. Based in the United States, the company is characterized as a mid-sized insurer operating under a regulated run-off framework. In December 2012, the Illinois Department of Insurance placed Triad in rehabilitation, with a Rehabilitation Plan expected to be filed with the Circuit Court of Cook County in early 2013.