Let's Get Surety

In this episode of Let’s Get Surety®, we are joined by NASBP's Director, Government Relations (GR) Larry LeClair, NASBP's GR Committee Chair, Alan Starks of Christensen Group Insurance, and GR Committee Vice Chair, Matt Cocco of Smith Brothers Insurance to discuss the Federal Legislative Fly-In, which is co-hosted by NASBP and SFAA. The Legislative Fly-In offers opportunities for surety professionals, as voting constituents, to discuss the importance of the surety product with their elected officials and/or their staff. These interactions not only boost understanding of the surety product but also demonstrate the industry's crucial role in the economy and job creation. We also discuss the many benefits of attending the Fly-In beyond advocating for the surety industry, such as great networking with other surety colleagues, educational programming, and even opportunities for sightseeing! Find out more about the upcoming Federal Legislative Fly-In and register to attend! Also, be sure to check out the Let's Get Surety Episode "Talking With Your Elected Officials About the Importance of the Surety Product!"

With special guests:

Larry LeClair, Director, Government Relations, NASBP, Alan Starks, Senior Vice President - Surety, Christensen Group Insurance, and Matt Cocco, Surety Risk Advisor, Partner, Smith Brothers Insurance Hosted by:

Kat Shamapande, Director, Professional Development, NASBP and Mark McCallum, CEO, NASBP

Sponsored by Old Republic Surety!

In this episode of Let’s Get Surety®, we are joined by author, columnist, and keynote speaker Gene Marks to look at some of the challenges and opportunities facing small and medium businesses. Gene shares what some of the smartest and most experienced business leaders are doing to navigate these changes. He touches on the upcoming election, possible tax changes, labor issues, and technology, specifically preparing for and harnessing the power of generative AI. If you want to hear more on tax changes and cybersecurity in the age of AI, check out these past episodes: "Tax Cuts and Jobs Act: Sunset in 2025 and Its Impact on Construction Services" and "Constructing Cybersecurity: Navigating Data Protection in the Construction Industry."

With special guest:

Gene Marks, CPA, The Marks Group PC

Hosted by:

Kat Shamapande, Director, Professional Development, NASBP and Mark McCallum, CEO, NASBP

Sponsored by Old Republic Surety!

In this episode of Let’s Get Surety®, we explore the world of Employee Stock Ownership Plans (ESOPs) with Jim Tressel and Travis Remick of Liberty Mutual Surety. They discuss the unique aspects of ESOPs, and the factors contributing to their current prominence. Our guests provide insightful considerations for selecting an ESOP consultant, understanding valuation processes, the significant role ESOPs can play in a company's succession strategies, as well as the value of including the surety early in the process. For more information on ESOPs, check out this NASBP Virtual Seminar mentioned during this episode, "Employee Stock Ownership Plans (ESOP): What You Should Know."

With special guests:

James (Jim) Tressel, Senior Vice President and Chief Underwriting Officer, Liberty Mutual Surety and Travis Remick, Chief Underwriting Officer, Contract Surety, Liberty Mutual Surety

Hosted by:

Kat Shamapande, Director, Professional Development, NASBP and Mark McCallum, CEO, NASBP

Sponsored by Old Republic Surety!

In this episode of Let’s Get Surety®, we discuss the ongoing changes in Canada's importing process with Sheila Thompson of Rosenberg & Parker of Canada and Cristina Hagivreta, Surety Manager at Trisura Guarantee Insurance Company. They delve into the new Canada Border Service Agency Assessment and Revenue Management System (CARM), a timely initiative that shifts Canada from a process focused on customs broker bonds to importer bonds. Our guests also discuss the implementation process of CARM, covering its electronic nuances and practical adjustments required by importers and surety companies as the changes are set to go into place on October 21, 2024. For more information and to stay up-to-date on these dynamic changes check out the Canada Border Service Agency's CARM resource page.

With special guests:

Sheila Thompson, President, Rosenberg & Parker of Canada, Inc. and Cristina Hagivreta, Manager, Surety, Trisura Guarantee Insurance Company

Hosted by:

Kat Shamapande, Director, Professional Development, NASBP and Mark McCallum, CEO, NASBP

Sponsored by EMC Bond!

In this episode of Let’s Get Surety®, we discuss the increasing importance of cybersecurity in the construction industry with guest Richard Volack, a partner at Peckar & Abramson. Richard highlights several factors that typically make construction companies more vulnerable to cyber attacks, such as slower technology adoption and the need for the exchange of sensitive data among parties. Volack also shares steps that can help mitigate cybersecurity risks like using multi-factor authentication and making regular firewall updates. Be sure to check out the NASBP Virtual seminar, AI in Construction Law: Managing Risks and Opportunities that is mentioned during this episode and search Cybersecurity on the SuretyLearn Catalog to dive in even deeper!

With special guest:

Richard Volack, Partner & Chair, Cyber Security & Data Privacy Practice, Peckar & Abramson

Hosted by:

Kat Shamapande, Director, Professional Development, NASBP and Mark McCallum, CEO, NASBP

Sponsored by EMC Bond!

In this episode of Let’s Get Surety®, we hear from Will Kantlehner IV of Gallagher, and Nate Byerly from Gray Surety, as they share their journies to their surety careers and delve into the intriguing intersection of private equity and surety. They unpack how the introduction of a fourth party, the private equity company, adds additional nuances to the bonding processes though the principles stay the same. Together, they explore the challenges and opportunities arising from private equity firms' involvement in construction companies, the varying levels of knowledge these firms may have about surety and bonding practices, and the overall complexity in understanding this fourth entity. Interested in learning more about Private Equity and Surety check out these great NASBP Virtual Seminars on the topic:

The State of Private Equity: Current Trends and Outlook Private Equity’s Growing Interest in the Built Environment Private Equity and Bonding Private Venture Owned Business Private Equity for Surety Professionals: What You Need to Know

With special guests:

Will Kantlehner IV, CPCU, Area Vice President, Gallagher and Nate Byerly, CPCU, Bluegrass Regional Manager, Gray Surety

Hosted by:

Kat Shamapande, Director, Professional Development, NASBP and Mark McCallum, CEO, NASBP

Sponsored by EMC Bond!

In this episode of Let’s Get Surety®, we are joined by construction financial accounting expert Todd Feuerman and construction tax expert Travis Klein, both of Ellin & Tucker. We explore the potential impact of the impending sunset of the Tax Cuts and Jobs Act (TCJA) on the economy, particularly the construction segment. These construction CPAs discuss the wider implications, such as the effect on sureties and construction lenders and on contractors undertaking succession and estate planning. They provide their expert insight into the opportunities and challenges arising from the upcoming changes. Tune in and learn how best to navigate the sunset of the TCJA.

With special guests:

Todd A. Feuerman, CPA, MBA, CCA, Director and Chair of Construction Services Group, Ellin & Tucker and Travis T. Klein, CPA, MBA, Director, Tax, Ellin & Tucker

Hosted by:

Kat Shamapande, Director, Professional Development, NASBP

Sponsored By EMC Bond!

Have you ever wondered what it takes to be a leader in the surety industry? NASBP is excited to continue the series of episodes exploring that question, titled “The Corner Office: Conversations with Surety Leaders.” In this episode, we are joined by surety industry leader Ryan Springer, VP/Bond at EMC Bond, who shares how he found his love for surety and his role in the industry due to an unexpected Powerball win. Ryan also delves into the culture of EMC Insurance, emphasizing the importance of continuity, stability, and staff retention, and shares insights into the company’s recent growth. Additionally, Ryan speaks to opportunities and challenges on the horizon concerning surety claims and the surety industry as a whole. You can check out the EY report prepared for SFAA, mentioned during this episode, titled The Economic Value of Surety Bonds and listen to past episodes in The Corner Office series!

With special guest:

Ryan Springer, Vice President/Bond, EMC Bond

Hosted by:

Kat Shamapande, Director, Professional Development, NASBP and Mark McCallum, CEO, NASBP

Sponsored by EMC Bond!

In this episode of Let’s Get Surety®, Kat Shamapande and co-host, Mark McCallum, have a discussion with legal and surety experts on the possible role bond producers can play in the contract bond claims process. Special guests are Jon Bondy of CSG Law, Robert Coon of Scott Insurance, and Marilyn Klinger of SMTD Law. Together, the hosts and guests explore how the bond producer, who often is not involved in the claims process, may, if involved, play a helpful role in heightening communications between and normalizing circumstances for both the principal and the surety when a claim arises.

With special guests:

Jonathan Bondy, Member Chair, Fidelity & Surety, CSG Law, Robert Coon, Vice President, Surety Advisor, Scott Insurance, and Marilyn Klinger, Managing Partner, SMTD Law LLP

Hosted by:

Kat Shamapande, Director, Professional Development, NASBP and Mark McCallum, CEO, NASBP

Sponsored By EMC Bond!

In this episode of Let’s Get Surety®, we chat with Neil Shah, CEO of the Construction Financial Management Association (CFMA). Neil talks about his journey to becoming CEO of CFMA and highlights the organization's dedicated membership and its commitment to expanding the construction industry. His strategic goals focus on creating an inclusive community and advancing the industry through collaboration. Neil also emphasizes the importance of CFMA's CCIFP certification in building recognition and trust within the industry. Tune in to learn more about the future of CFMA and its impact on the built environment. You can also listen to episode "#108 Pursuing The CCIFP Credential" mentioned in this episode to learn more about the CCIFP.

With special guest:

Neil Shah, President & CEO, Construction Financial Management Association (CFMA)

Hosted by:

Kat Shamapande, Director, Professional Development, NASBP and Mark McCallum, CEO, NASBP

Sponsored by Liberty Mutual Surety!