Patrick Touhey

Patrick Touhey

Senior Vice President, Bond Division

Experience and Credentials

Since 1996, Patrick has played an instrumental role in helping bring competition into the credit union marketplace for Fidelity Bond, Management Professional Liability and P&C Package related coverages. He is one of the most highly respected and sought after professionals within these product disciplines. Patrick has an impressive list of achievements in the financial industry:

  • Graduated from the University of Mount Mercy with a bachelor’s degree in Business Administration
  • Provided expertise and assistance towards helping develop and write the contracts for many of the insurance carriers currently in the market 
  • Partnered with NCUA to provide risk management expertise; presenting a variety of risk management topics at NCUA workshops, regional meetings, webinars and videos 
  • Underwrote, priced, and structured programs within these product disciplines for 12 years
  • Over 30 years of diverse experience in the financial industry, providing property and casualty insurance solutions to financial institutions
  • Has spoken at national events to as an expert to underwriting market trends, and what the future holds within these product disciplines

Role at Allied Solutions

In his role at Allied, Patrick oversees the entire Bond Division. He has built a bond team of 32 individuals that bring the highest level of experience and expertise to the industry. Notable expertise and achievements of the team he manages include:

  • Over 17 consecutive years providing choices and competition for credit unions
  • Average underwriting expertise of over 25 years in the credit union marketplace
  • Average risk management expertise of over 30 years in the credit union marketplace
  • Average claims expertise of over 20 years in the credit union marketplace
  • Average product specialist expertise of over 25 years in the credit union marketplace
  • Capturing the business of over 13% of the total credit unions in the marketplace 
  • Sustained longevity and market presence, which has laid a foundation for trust, reliability and accountability