Triad Guaranty Inc. today announced that it has hired Greg McKenzie as president and CEO, Triad Guaranty Insurance Corp. Canada, effective immediately.

McKenzie will report to Mark Tonnesen, CEO, Triad Guaranty Inc. and president and CEO, Triad Guaranty Insurance Corp.

It is anticipated that Triad Guaranty Canada will commence operations during the second quarter of 2007.

McKenzie will be responsible for leading the start-up of Triad’s Canadian operation, the strategic direction of the company, and its ultimate success.

“Greg is a seasoned senior executive with a proven track record of successfully running companies and building self-sustaining organizations,” said Tonnesen. “He understands the Canadian market and has the experience and leadership skills to insure that Triad’s operations will be successful and achieve their rightful market share.”

McKenzie has over 25 years experience in growing and leading organizations that consistently exceed objectives and attain marketing leadership positions. Most recently, McKenzie lead Pitney Bowes Mail Services where he developed and implemented a strategic plan that delivered multiple years of superior growth and returns.

Previously he was president and chief operating officer, Metaca Corporation where he led the business to become the No.1 payment, loyalty and identification card company in Canada.

McKenzie holds a HBBA degree from Wilfrid Laurier University, Waterloo, Ont.