Let's Get Surety

On this episode, Let's Get Surety® is joined by veteran surety claims attorney Jim Milos of Nationwide to talk about how technology and data collection has evolved and their use in addressing surety claims. Jim details the gains in efficiencies and in improved data collection and utilization that he has experienced throughout his surety claims career, enabling a more accurate and holistic picture...

On this episode, we are joined by the author of the bestselling book, HEADTRASH: The Leading Killer of Human Potential and organizational anthropologist and CEO of Aspire and RCI Institute, Renie Cavallari, to discuss the record levels of burnout that Renie sees as the cause of the great resignation. We discuss how we can combat that burnout in ourselves, in our teams, and in working with our clie...

On this episode, we are joined by technology executive, Adam Gussen of Tinubu, to talk about the digitization of surety processes. Adam discusses what digitization means in the surety industry and how the diverse stakeholders in the industry have affected the move to digitization. Covid-19 has pushed businesses to be more adaptable and keeping that spirit of adaptability will allow digitization to...

On this episode, we are joined by Dan Pope, Senior Vice President of Underwriting with Old Republic Surety to discuss the importance of relationships in the relationship-driven industry of surety! We discuss what relationship-based surety means to Dan and the importance of relationships and communication during tough and uncertain times between contractors, owners, and surety professionals. Hosted...

On this episode, we are joined by the chair of NASBP's Small and Emerging Business Committee Chris Downey of Downey and Company to discuss the importance of education and outreach to small, emerging, minority-owned, and other under-represented construction businesses. Chris shares some of the history of the great work that NASBP's Small and Emerging Businesses Committee has done in this area, incl...

NASBP is excited to continue the series of Let's Get Surety® episodes focusing on guests and topics selected by the NASBP 5-15 Leadership Committee. This special series is titled "Lean into Leadership: Talking Surety with the 5-15 and focuses on current issues and challenges that members of the 5-15 Leadership Committee face as young producers in the industry." In this episode, we are joined by 5-...

On this episode, we are joined by Bill Hughes, CPA, and a Partner at Grassi's New Jersey office to discuss cash flow considerations in the construction industry. As the construction industry faces another year of uncertainty, we discuss the many challenges that contractors are facing and the ever-increasing importance of planning and cash flow management. Hosted by: Kat Shamapande, Director, Profe...

On this episode, we are joined by Todd Feuerman of Ellin & Tucker to discuss concerns and expectations in construction and surety as we move into 2022. We discuss megaprojects, Covid-19, labor shortages, material price escalation, margin reduction and its effects on the industry, and the reality of ownership transitions. You won't want to miss this broad look at where we are and what the future ma...

In this special episode, we are joined by several members of the NASBP staff to reflect on what NASBP volunteers and staff accomplished in 2021 and to discuss the many exciting things NASBP has planned for 2022. For a more in-depth look, check out the 2021 NASBP Highlights--Year-In-Review . As you listen to this episode and flip through the pages of the 2021 NASBP Year-In-Review , you will see how...

On this episode, we are joined by attorneys Jacob Scott and Alexander Gorelik of Smith Currie & Hancock LLP, as we examine the administration's order on vaccination requirements for federal contractors and the interim FAR Clause implementing that order. We discuss the updated deadlines for compliance, what contractors and employees of those contractors are included in this order, the exceptions an...

On this episode we are joined by attorney Michelle Randall, of Zurich North America, as we examine where the worlds of tribal sovereign immunity and surety meet. Michelle defines sovereign immunity where/when it's applicable and considerations when examining bonding a tribal government or business entity. If you want more information on this topic, you can check out the Surety Bond Quarterly Artic...

On this episode, we are joined by technology executive, Patrick McGinty, of Tinubu Square, to talk about the digitization of surety processes. Patrick discusses why digitization has been challenging until the present time and points out the impacts of remote work and how the COVID pandemic and the need for greater flexibility have generated greater desire within the industry to move toward digitiz...

On this episode, we are joined by Susan Jordan of Westfield Surety for a discussion on the interesting world of court bonds comprised of judicial bonds and fiduciary bonds, and why you should be interested in them too! Susan walks us through various types of judicial bonds including plaintiff bonds and defendant bonds and the surety and underwriting considerations related to them. Then we dive int...

On this episode, we are joined by attorney and former construction company executive Bill Ernstrom, of Ernstrom ADR, to discuss use of alternative dispute resolution (ADR) processes to solve construction disputes. Bill discusses various types of ADR and the many advantages of those processes as compared to litigation. Bill also relates the importance of reading and understanding your contract and...

NASBP is excited to continue the 2021 series of Let's Get Surety episodes focusing on guests and topics selected by the NASBP 5-15 Leadership Committee. This special series is titled Lean into Leadership: Talking Surety with the 5-15 and focuses on current issues and challenges that members of the 5-15 Leadership Committee face as young producers in the industry. In this episode, we are joined by...

On this episode, we are joined by Isaias "Cy" Alba and Matt Feinberg, partners at the law firm of PilieroMazza PLLC, who discuss the significance of the False Claims Act in relation to construction firms and their surety professionals. Cy and Matt review what the False Claims Act is and why it's important for contractors, subcontractors, sureties, and bond producers to be well informed by identify...

On this episode we are joined by Todd Regan, a Partner at Gordon Rees Scully Mansukhani, LLP and participant on NASBP's Attorney Advisory Council, to discuss recent case law in which the court held that, if the obligee does not default the subcontractor, then the obligee cannot recover under the bond. We talk through the Arch Insurance Co. v. Graphic Builders case and discuss how the court's rulin...

On this episode, we are joined by attorney and former construction company executive Bill Ernstrom, of Ernstrom ADR, to discuss elements of risk management and the critical importance of reading and understanding the construction contract. Bill remarks on the surprising revelation that often construction contracts are not read by parties and on why it is so important to both read and continue to r...

On this episode, we are joined by Mark Munekawa, Senior Vice President of Surety at Woodruff Sawyer, and the NASBP Immediate Past President, for a conversation on SPACs or Special Purpose Acquisition Companies. During our conversation, Mark outlines what SPACs are, describes why SPACs are a growing trend and explains why it is important for surety industry professionals to understand them. Hosted...

On this episode, Todd R. Braggins of Ernstrom & Dreste, LLP joins us to share information about the decision by the surety to finance a defaulting principal. Todd highlights specific red flags that might come into play and discusses important steps to follow as the decision to finance is considered. Todd also describes the important role bond producers can play to make this a better situation for...

NASBP is excited to continue the 2021 series of Let's Get Surety episodes focusing on guests and topics selected by the NASBP 5-15 Leadership Committee. This special series is titled Lean into Leadership: Talking Surety with the 5-15 and focuses on current issues and challenges that members of the 5-15 Leadership Committee face as young producers in the industry. In this episode, we are joined by...

On this episode, Zach Mendelson of EPIC Brokers and Mike Specht of INSURICA Southwest join us to share information about NASBP Be Guaranteed to Succeed Campaign, specifically the new Producer Communications Toolkit 2.0 that is designed to help bond producers have a conversation about and describe the value of the surety product. They discuss how they have used the Toolkit's many resources to succe...

On this episode, we are joined by NASBP President Tracy Tucker of Tucker Agency, who shares information on his background and his agency and his personal insights as an experienced surety bonding professional and leader. Tracy also relates stories regarding his journey into a surety career and into NASBP membership and discloses the reasons behind his presidential theme, "Better Together." Hear Tu...

On this episode, we are joined by Steven D. Ness, President, Surety Association of Canada and Sheila Thompson, President, Rosenberg & Parker of Canada, Inc. and Chair of the NASBP International Committee who will be sharing their insights on digital bonding. We discuss what a digital bond is and is not, the benefits to digital bonds and the process of moving to digital bonds. You can find more inf...

On this episode, we are joined by Martha Perkins on the NASBP team and Greg Horne of Liberty Mutual Surety who will be talking about the significance of the False Claims Act to construction firms and to surety firms. We discuss the history of the False Claims Act and why it's important for contractors, subcontractors, surety, and producers to be well informed on this issue. We also discuss the imp...