Increased Working Relationship, Improved Community Support Cited
WINSTON-SALEM, N.C., Nov. 28 /PRNewswire-FirstCall/ -- Triad Guaranty
Inc. (Nasdaq: TGIC) announced that its subsidiary, Triad Guaranty Insurance
Corporation, has chosen BB&T Insurance Services for its insurance broker
services, effective January 1, 2007. BB&T will act as Triad Guaranty's
broker for all employee related insurance needs, including; medical,
dental, life and long-term disability.
"As an involved member of the Winston-Salem community, it is important
for us to support locally based businesses and promote those with whom we
do business," stated Mark Tonnesen, President and CEO, Triad Guaranty
Insurance Corporation. "Working with BB&T will allow us to provide the best
possible insurance services to our employees while supporting a valued
Triad customer and notable member of the community."
About Triad Guaranty Insurance Corporation
Triad Guaranty Insurance Corporation, a wholly owned subsidiary of
Triad Guaranty Inc., is a nationwide mortgage insurer providing credit
enhancement solutions to its lender customers and the capital markets. This
allows buyers to achieve homeownership sooner, facilitates the sale of
mortgage loans in the secondary market and protects lenders from credit
default-related expenses. For more information, please visit the company's
web site at http://www.triadguaranty.com.
About BB&T Corporation
BB&T Insurance Services is a wholly owned subsidiary of Winston-Salem,
N.C.-based BB&T Corporation. BB&T and its subsidiaries offer full-service
commercial and retail banking and additional financial services such as
insurance, investments, retail brokerage, corporate finance, payment
services, international banking, leasing and trust. BB&T operates more than
1,400 financial centers in the Carolinas, Kentucky, Virginia, Maryland,
West Virginia, Tennessee, Georgia, Florida, Alabama, Indiana, and
Washington, D.C. With $118.5 billion in assets, BB&T Corporation is the
nation's ninth largest financial holding company. More information about
the company is available at http://www.BBT.com.
SOURCE Triad Guaranty Inc.
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Related links:
http://www.triadguaranty.com
CONTACT:
Jerrold C. Schwartz, Vice President,
Marketing, of Triad Guaranty Inc., +1-800-451-4872, ext. 1122, or
jschwartz@tgic.com
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