Triad Guaranty Hires Wood as Vice President, Risk Modeling and Research

WINSTON-SALEM, N.C., Nov. 27 /PRNewswire-FirstCall/ -- Triad Guaranty Inc. (NASDAQ: TGIC) announced that its subsidiary, Triad Guaranty Insurance Corporation, has hired Claudia E. Wood, Ph.D., as Vice President, Risk Modeling and Research, effective immediately. Wood will report to Ken Foster, Executive Vice President, Structured Transactions and Business Development in carrying out her responsibilities.

Wood will be responsible for strengthening Triad's mortgage analytics, enhancing existing mortgage insurance products and designing new vehicles for structured transactions.

"Claudia brings extensive experience in model development, pricing analysis and credit enhancement structuring," stated Ken Foster, Executive Vice President, Structured Transactions and Business Development. "Her analytical skills will prove invaluable as we direct more resources to this critical and growing part of our business."

Wood was previously with Freddie Mac, McLean, VA, where she served as Principal Economist and most recently as Senior Director, Risk Analysis. Wood has held positions with Citibank Credit Card Services, Inc., Fannie Mae, and Cornell University Department of Consumer Economics and Housing.

Wood holds a Ph.D. in Consumer Economics and Housing from Cornell University and MBA and BA degrees from Lehigh University.

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/.