Ernst Csiszar Appointed Vice Chairman of Patriot National Insurance Group and Guarantee Insurance Company

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Feb 15, 2011, 02:05 ET

FORT LAUDERDALE, Fla., Feb. 15, 2011 /PRNewswire/ -- Patriot National Insurance Group, a leading provider of workers' compensation insurance and services, announced today that Ernst N. Csiszar has been appointed Vice Chairman of its Board of Directors, and Vice Chairman of the Board of Directors of its subsidiary Guarantee Insurance Company. The appointments are effective February 10, 2011.

Steven M. Mariano, Chairman & CEO of Patriot National commented, "We are excited to have Ernie join our Board as Vice Chairman. With his broad insurance company and regulatory background, we believe Ernie can help Patriot move to the next level. We believe his skills and experience will prove invaluable as we seek to grow and build our operating companies."

Mr. Csiszar is currently a clinical professor of finance at the Moore School of Business, University of South Carolina. He is a past president of the National Association of Insurance Commissioners. Mr. Csiszar also sits on the Board of Directors for Mastec, Inc., an NYSE listed specialty contractor and PHTS Services, Ltd., a service provider to the healthcare industry and is a Senior Advisor to Bridge Strategy Group LLC, a management consulting firm.

Mr. Csiszar earned his LL.B. and B.A. from the University of Windsor in Canada. He began his professional career as a lawyer practicing commercial and corporate law in Canada. From 1979 to 1988, Mr. Csiszar was a partner and managing co-director of Holborn Holding Corporation based in Geneva, Switzerland. He subsequently served as managing director of CG Associates from 1988 to 1995, and president and CEO of Seibels Bruce Group, Inc., a South Carolina-based property and casualty insurance company, from 1993 to 1998. Mr. Csiszar was the State of South Carolina's insurance commissioner from 1999 to 2004, and president and CEO of the Property and Casualty Insurers of America, the largest property and casualty insurance association in the United States, from 2004 to 2006.

Mr. Csiszar, commenting on his appointment, "I am looking forward to working with Steve and his senior management team. Steve has developed a unique business model and assembled an outstanding team. Patriot is positioned to become a leader in the workers' compensation industry and I am pleased to be involved in its future growth and prosperity."

About Patriot National Insurance Group

Patriot National Insurance Group is a leading provider of workers' compensation insurance and services. Patriot National has two operating subsidiaries - Guarantee Insurance Company and Patriot Underwriters, Inc. Guarantee Insurance Company's workers' compensation product line includes large deductible, segregated cell captives, agency-owned captives, and investor-owned captives. Patriot Underwriters is a Managing General Underwriter that produces, underwrites and services alternative market and traditional workers' compensation insurance plans for leading insurance companies.

About Guarantee Insurance Company

Guarantee Insurance Company focuses on workers' compensation insurance with an expertise in alternative market insurance products. Guarantee offers agents and brokers creative risk transfer solutions customized for their clients. Guarantee's product line includes large deductible, segregated cell portfolio captives, agency-owned captives, investor-owned captives and traditional workers' compensation insurance. For further information, please visit www.guaranteeins.com.