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Merchants' commercial surety Team

The Merchants Bonding CompanyTM Commercial Surety Bond Team has a reputation for common sense underwriting, first-class service and online innovation. Leading our teams are the Assistant Vice Presidents and Senior Commercial Underwriters, each with the experience and commitment to service you expect from Merchants Bonding Company.  

Leading the team is:


Jim Holter, AFSB

Vice President, Commercial Surety

Jim joined Merchants Bonding Company™ in 2004 to lead the
Commercial Surety department as Assistant Vice President. In 2014, he was promoted to Vice President of Commercial Surety. Jim sits on the Surety and Fidelity Association of America's Commercial Committee, is active in the National Association of Independent Sureties (NAIS), and has been an instructor at the NAIS Surety School. Prior to Merchants, Jim was with Western Surety and  CNA Surety. He attended the University of South Dakota. 


 Select from the list below to view more about the team leaders who serve your area. 

Austin Team

Austin Team

Led by: Tyson Conley

States: AL, AR, LA, MS, OK, TX

Tyson leads the Austin, Texas office as Director of Commercial Underwriting. Tyson  joined Merchants Bonding Company™ in 2006 as a Commercial Surety Underwriter, was promoted to Senior Commercial Underwriter in 2013, and named Commercial Underwriting Manager in 2017. He transferred from the West Des Moines corporate office to the Austin office in 2016. He holds a bachelor’s degree in finance from Morningside College in Sioux City, Iowa. 


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East Team

Team 2

Led by: Terry Frederick

States: CT, DE, FL, GA, IL, IN, IA, KS, KY, ME, MD, MA, MI, MO, NH, NJ, NY, NC, OH, PA, RI, SC, TN, VT, VA, WV

Terry graduated from the University of Sioux Falls and began her surety career at Western Surety/CNA Surety in 1984. In 2001, she moved to Des Moines and worked for IMT Insurance Company as both a Commercial and Contract Underwriter. Terry joined Merchants Bonding Company ™ in 2005. She has obtained the Associate in Fidelity and Surety Bond underwriting designation from the CPCU Society.


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West Team

Team 1

Led by: Dan Lengeling

States: AK, AZ, CA, CO, HI, ID, MN, MT, NE, NV, NM, ND, OR, SD, UT, WA, WI, WY

Dan leads the West team as the Assistant Director of Commercial Underwriting. Dan joined Merchants Bonding Company™ in 2010 as a Commercial Surety Underwriter and was promoted to Senior Commercial Surety Underwriter in 2016. He holds his MBA and BA finance degree from the University of Iowa. Dan received a certificate in risk management and insurance from the Vaughan Institute. He obtained the Associate in Fidelity and Surety Bond (AFSB) underwriting designation from the CPCU Society. Dan lives in West Des Moines, Iowa.


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