Workers compensation insurer Guarantee Insurance Co., a subsidiary of Patriot National Insurance Group Inc., is expanding into Texas, the company said Monday.
The move is a part of Guarantee’s plan to expand throughout the U.S., the insurer said in a statement.
Guarantee has become licensed to do business in Texas and plans to call on and visit independent agencies in the state, a Patriot spokeswoman said in an email.
Opening a Texas regional office is part of Guarantee’s growth plans, but the company has not yet decided the office’s location, the spokeswoman said.
“We are excited to keep expanding our operations and to give our current and prospective agents multistate coverage options,” Guarantee President Charles Schuver said in the statement. “We believe there are many outstanding independent agencies in Texas, and we are looking forward to providing them with another market for their workers compensation needs.”