Who is identified as the Secretary of Arch Insurance Company in the context of the Alloy franchise?
Alloy Franchise · 2025 FDDAnswer from 2025 FDD Document
r Vice President, of the Surety Business Division, or their appointees designated in writing and filed with the Secretary, and the signature of the Secretary, the seal of the Company, and certifications by the Secretary, may be affixed by facsimile on any power of attorney or bond executed pursuant to the resolution adopted by the Board of Directors on August 31, 2022, and any such power so executed, sealed and certified with respect to any bond or undertaking to which it is attached, shall continue to be valid and binding upon the Company. In Testimony Whereof, the Company has caused this instrument to be signed and its corporate seal to be affixed by their authorized officers, this 7th day of April, 2023. gurance
CORPORATE
Attested and Certified
Regan A. Shulman, Secretary
STATE OF PENNSYLVANIA SS COUNTY OF PHILADELPHIA SS Arch Insurance Company
Stephen C. Ruschak, Executive Vice President
I, Michele Tripodi, a Notary Public, do hereby certify that Regan A. Shulman and Stephen C. Ruschak personally known to me to be the same persons whose names are respectively as Secretary and Executive Vice President of the Arch Insurance Company, a Corporation organized and existing under the laws of the State of Missouri, subscribed to the foregoing instrument, appeared before me this day in person and severally acknowledged that they being thereunto duly authorized signed, sealed with the corporate seal and delivered the said instrument as the free and voluntary act of said corporation and as their own free and voluntary acts for the uses and purposes therein set forth.
Missouri
Commonwealth of Pennsylvania - Notary Seal MICHELE TRIPODI, Notary Public Philadelphia County My Commission Expires July 31, 2025 Commission Number 1168622
Michele Tripodi, Notary Public My commission expires 07/31/2025
CERTIFICATION
I, Regan A.
Source: Item 23 — RECEIPTS (FDD pages 69–245)
What This Means (2025 FDD)
According to Alloy's 2025 Franchise Disclosure Document, Regan A. Shulman is identified as the Secretary of Arch Insurance Company. This is confirmed through certifications and attestations within the document, where Regan A. Shulman's name appears alongside their title as Secretary. These certifications are often related to the surety bonds that Alloy is required to maintain, particularly in states like Maryland, to provide financial assurance to franchisees.
The presence of a surety bond is a risk mitigation measure, ensuring that franchisees have recourse in the event Alloy fails to meet its financial obligations. The bond information and related certifications are crucial for verifying the authenticity and enforceability of the financial assurances provided. Claim inquiries related to the bond should be sent to Arch Insurance - Surety Division in Philadelphia, PA.
The FDD includes contact information for Arch Insurance Company and instructions for verifying the authenticity of the Power of Attorney associated with the surety bond. This verification process involves contacting Arch Insurance Company and referencing the Attorney-in-Fact and bond details. This level of detail is important for franchisees to understand their rights and the procedures for making claims against the surety bond if necessary.