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New Leadership at Merchants Bonding Company in Seattle

May 29, 2018

Merchants Bonding Company announces the addition of Justin Price as the new leader of its Seattle contract underwriting office.  He will join the office on June 25, 2018 as an assistant vice president of contract underwriting. 


“Our Seattle office covers Washington, Oregon, Idaho, Montana and Alaska,” said Senior Vice President Contract Underwriting Josh Penwell, “we are deeply committed to serving that area and Justin will help us advance our growth goals and deliver on our brand promise of common sense underwriting and first class service.”


Price comes to Merchants from Travelers’ Phoenix office where he was Managing Director since 2015. Price was born and raised in Oregon. After graduating from Arizona State University in 2007 he joined Travelers and has been there for 11 years. Price managed a large contract surety portfolio including contractors throughout Arizona, southern Nevada, southern California, and Hawaii.


“I am grateful for my many successful years at Travelers and for the people I’ve had the privilege of working with in that organization. I am also looking forward to this new challenge and the exciting growth opportunities with Merchants Bonding Company,” said Price.


Merchants’ growing team in Seattle also includes Contract Underwriter Melinda Carlson who joined Merchants in 2016.