Let's Get Surety (National Association of Surety Bond Producers)

Have you ever wondered what it takes to be a leader in the surety industry? NASBP is excited to announce a new series of episodes exploring that question, titled "The Corner Office: Conversations with Surety Leaders." In this first episode, we are joined by surety industry leader Larry Taylor, President of Merchants Bonding Company, to talk about what it takes to lead an insurance company solely focused on surety bonding. Larry shares his background, including that he is a fourth-generation executive at Merchants Bonding Company, and relates the strategies and reasons behind the company's growth and how Merchants fosters its appealing company culture. Larry also speaks to opportunities and to challenges on the horizon for the surety industry as a whole and emphasizes the importance of sharing the value of the surety product more broadly. Check out the EY report prepared for SFAA, mentioned during this episode, titled The Economic Value of Surety Bonds.

With special guest:

Larry Taylor, President, Merchants Bonding Company

Hosted by:

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

Sponsored by Merchants Bonding Company!

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 Tucker’s passion for the surety community and his anticipation to get back together again in person this year at the Summer Surety School and at NASBP’s East and West Fall Meetings!

Hosted by:

Kat Shamapande, Director, Professional Development, NASBP

Sponsored By Liberty Mutual Surety!

On this episode of Let’s Get Surety®, we are joined by David Kearby the Executive Director at TRIP, a national transportation research nonprofit, to discuss TRIP’s work to increase public awareness of US Infrastructure needs. Both 2021 and 2022 were big years for infrastructure and David shares some highlights from the past and gives a sneak peek into what’s coming in 2023. For more information, on TRIP and how you can support their mission you can visit them online at tripnet.org. You can also get more information on NASBP’s Federal Legislative Fly-In  scheduled for March 2023 and add your voice to those reinforcing these messages on the Hill!

Photo by kimi lee on Unsplash

With special guest:

David Kearby, CAE, Executive Director, TRIP

Hosted by:

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

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 reference the construction contract throughout a project. Bill also relates the importance of standardized contracts, like those published by ConsensusDocs, as baselines or starting points for contract negotiations.

Hosted by:

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

Sponsored by Old Republic Surety!

On this episode of Let’s Get Surety® we are joined by Rich Sghiatti of Old Republic Surety and Paul Ciambriello of Guignard Agency to talk about how surety bond producers can help contractors build their business through bonding. We spend time talking about moving from transactional bonds into a full bonding program, building a group of trusted advisors, and how to find the right professionals for that group. After listening you may want to check out the valuable resources for owners, lenders, architects, contractors, producers, and other allied professionals which are available on NASBP’s Be Guaranteed to Succeed® website.

With special guests:

Rich Sghiatti, Regional Vice President, Old Republic Surety and Paul Ciambriello, Vice President, Guignard Agency

Hosted by:

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

On this episode, we are joined by construction financial accounting expert Todd Feuerman of Ellin & Tucker to discuss economic concerns and expectations in construction as we look towards the end of 2022 and what to expect in 2023. We touch on the effects of inflation, government programs and initiatives, increased construction project costs, material price escalation, and how contractors can prepare for what’s next! You won’t want to miss this broad look at where we are and what the future may hold for the construction market. You can learn more about this topic by checking out the NASBP Blog Post written by Todd titled, “Construction Financial Accounting Expert on 2023: The Boom Continues”! 

With special guest:

Todd A. Feuerman, CPA, MBA, CCA, Director and Chair of Construction Services Group at Ellin & Tucker

Hosted by:

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

On this episode, Lawrence LeClair the Director of Government Relations at NASBP and Ed Mortimer the Vice President of Transportation and Infrastructure at the U.S. Chamber of Commerce joins us to discuss the U.S. Chamber’s response to America’s infrastructure challenges. We discuss the importance of investing in American’s roads, bridges, mass transit systems, air and sea ports, and water infrastructure as critical national assets that drive growth, jobs, safety, and global competitiveness and where it stands both at the State and Federal Level. Ed describes bipartisan efforts that are underway to secure the solvency of the highway trust fund dedicated to funding such infrastructure projects while also highlighting the need and importance of obtaining private infrastructure investments in the form of public-private partnerships (P3’s). Find out more about the U.S. Chamber’s efforts and access resources on Let’s Rebuild America.

Hosted by:

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

On this episode, we are joined by Joseph Young a Partner and Board-Certified Construction Attorney with the law firm of Smith Currie in the firm’s Fort Lauderdale, Florida, office to discuss indemnity clauses. We touch on the different types of indemnity clauses as well as the relationship to limitations of liability clauses. Additionally, we discuss the importance of understanding what claims or damages are covered and who is being indemnified typically under most indemnity clauses!

With special guest:

Joseph R. Young, Partner, Smith, Currie & Hancock LLP

Hosted by:

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

Sponsored by Old Republic!

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!

On this episode, Neen James, leadership expert, author of Attention Pays™ and upcoming NASBP Virtual Seminar presenter, joins us to share some great tips on how to leverage your focus and pay attention to what matters most at work and in life. With a strong background in learning and development and managing large teams at various corporations, Neen discusses the importance of implementable strategies that will help each of us avoid distractions, stop interruptions, prioritize daily objectives and say ‘no‘ to requests that steal time and focus from real goals and priorities. Don’t forget to register now, for her NASBP Virtual Seminar titled, “Systems Thinking (or Systems of Attention): How Surety Bond Producers can Build and Nurture Client Relationships During Challenging Times” and you can also check out these sample book chapters from her book Attention Pays™!

Sponsored by Old Republic Surety

Hosted by:

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

On this episode of Let’s Get Surety®, we are joined by Government Relations staff Larry LeClair of NASBP and Mike Oscar of the American Subcontractors Association (ASA) to discuss current federal legislative initiatives that NASBP and ASA are working together on and significant recent wins! They discuss efforts to amend the Water Infrastructure Finance and Innovation Act (WIFIA) to ensure performance and payment protections are in place on WIFIA funded projects, as well as pursuing proposed legislation on bonding federal P3 projects, and introduction of H.R. 2726 the Small Business Payment and Performance Act, which will remedy situations in which small construction businesses are forced to finance federal contracting agency unilateral change orders. Get more information from NASBP about advocacy efforts by signing up for NASBP’s Focal Point, an electronic legislative/regulatory bulletin, and find out more about ASA’s advocacy work on their website and in their magazine Contractor’s Compass.

With special guests:

Lawrence LeClair, Director, Government Relations, NASBP and Michael Oscar, Director of Government Relations, American Subcontractors Association (ASA)

Hosted by:

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

Sponsored by Old Republic!

If you have ever gone to a school or a park, attended a large sporting event, rode on a bus, driven on a highway, bought imported goods, or sent a wire transfer, you have been protected by the surety product. On the second and fourth Tuesday of each month Kat Shamapande, the host of Let's Get Surety will be joined by fun co-hosts and exciting and engaging guests who will share their stories, insights, and expertise on the world of surety and how it affects our everyday lives! If you are interested in learning more about surety and surety bonds, this is the podcast for you!

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 and exclusions that pertain, and the need for compliance documentation. We also address the impact of the temporary injunction that was issued against enforcement of the contractor vaccination requirement in the states of Kentucky, Ohio, and Tennessee and how that may affect interstate contracts. To keep up to date on changes to this information, you can check the Safer Federal Workforce webpage, and don’t hesitate to reach out to a qualified attorney. Please Note: there continue to be fast-moving changes to the Vaccine Mandate and this podcast represents a snapshot in time.

Hosted by:

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

Sponsored by Nationwide!

On this episode, Darrel Lamb, Regional Vice President with Old Republic Surety, joins us to discuss subcontract bonds. We discuss how subcontract bonds can help manage subcontracting in instances where the work is unique, when work contains upward design risks, when a subcontractor is unfamiliar, and when the capacity of the general contractor needs to be expanded. Take a look at Darrel’s NASBP Pipeline article, “Subcontract Bonds: Four Times When General Contractors Need Subcontractor Bonds” for more information on this topic.

Hosted by:

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

Sponsored By Old Republic Surety!

Among NASBP’s valued stakeholder partners is the American Subcontractors Association, Inc., a national association representing the breadth of the subcontractor construction community. NASBP has enjoyed and continues to enjoy a productive relationship with ASA and looks forward to enhancing that strategic relationship in 2024. Let’s Get Surety® sat down with Richard Bright, CEO of ASA, at NASBP's 2023 Annual Meeting, to talk about ASA's expansive organization, its services, and its plans for growth. Richard discusses the importance of the association in advocating for payment, contract language, and workforce issues, as well as the successful initiatives they've implemented to reduce retainage. Since our conversation, the FASA Natural Disaster Guide mentioned in the episode has come out. Find out more about ASA, including how to become a member, by visiting www.asaonline.com.

With special guest:

Richard Bright, Chief Executive Officer, ASA and FASA

Hosted by:

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

Sponsored by Old Republic!

On this episode, we are joined by Michael Pitre of Gray Surety to discuss electronic signature. We talk through e-signature options, the best practices, and what makes this a safe and reliable option. Michael also shares the reasons his surety company embraced this innovation as well as other innovations that might be on the horizon.

Hosted by:

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

On this episode of Let’s Get Surety®, we are joined by three women executives from Liberty Mutual Surety, Patty Catanese, Renee Llewellyn, and Cissie Scoggin-Saslaw, who stepped away from the excitement and networking at NASBP’s 2023 Annual Meeting to chat with us. We learn about their career paths, how they have grown their careers in a male-dominated industry, how the makeup of the surety industry has grown and become more diverse, and some of the exciting programs that Liberty Mutual Surety has put in place to attract, retain, and provide a path to leadership for women in surety, such as their Women’s Resource Network.

With special guests:

• Patty Catanese, Northeast Regional Vice President – Surety Field Operations, Liberty Mutual Surety
• Renee Llewellyn, Senior Vice President, Surety Plus, Liberty Mutual Surety
• Cissie Scoggin-Saslaw, Southeast Regional Vice President - Surety Field Operations, Liberty Mutual Surety

Hosted by:

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

Sponsored by Liberty Mutual Surety!

In this episode, guest Peter Gibbs, Director, Office of Surety Guarantees at the U.S. Small Business Administration (SBA), shares insights into the SBA’s bonding assistance program and how they are helping contractors. He shares some history of the program, news of exciting updates, and outlines both Plan A and Plan B programs. He also highlights how the great support for the program through the participation of surety company’s and surety bond producers has helped the program grow!

Hosted By:

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

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 identifying real-world cases of FCA violations. Additionally, Cy and Matt call attention to ways in which the risks of FCA claims and attendant damages can be mitigated.

Hosted by:

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

Sponsored by Old Republic Surety!

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 5-15 committee members Jase Hamilton of Cavignac & Associates and Michael Lischer of IMA Financial Group, Inc., who discuss what they see coming on the road ahead as surety professionals navigate the current pandemic environment and envision the post-pandemic surety world.

Hosted by:

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

Sponsored by Old Republic Surety!

The economy has been upended by the Covid-19 pandemic and headlines on bankruptcy’s have become more and more common. On this episode, Chad Schexnayder who is a partner with the law firm of Jennings, Haug & Cunningham, LLP, and regularly represents surety clients in bankruptcy cases throughout the United States, joins us to take a look at commercial surety account bankruptcy. Chad walks through the commercial surety account sectors that are being hit hardest by bankruptcy. We also discuss red flags before a company files for bankruptcy, how sureties can work to avoid “claw back”, the importance of documentation and communication between the surety, bond producer and commercial surety client to control risk!

Hosted By:

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

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 may hold for the construction surety market.

Hosted by:

Kat Shamapande, Director, Professional Development, NASBP and Martha Perkins, General Counsel, NASBP

Sponsored by Old Republic Surety!

On this episode of Let’s Get Surety we are joined by Jennifer Vigil of the US Small Business Administration, Andrea Haight, of CCI Surety, Inc. and Michelle Savage of XBRL US to discuss the exciting news that the US Small Business Administration is now accepting the Work in Progress (WIP) report data in a machine-readable format using XBRL taxonomy to eliminate the need for bond agents to manually enter data into an online form. We discuss WIP automation testing, SBA’s acceptance and what this will mean to the parties that participate in SBA’s Surety Guarantee Program. NASBP members’ significant role in supporting automation efforts will also be highlighted.

With special guests:

Jennifer Vigil, Acting Director, Office of Surety Guarantees, Office of Capital Access, US Small Business Administration, Andrea Haight, Assistant Vice President, CCI Surety, Inc., and Michelle Savage, Vice President, Communication, XBRL US

Hosted by:

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

In this episode, Peter Quinn, Senior Vice President of Major Markets – Surety at Crum & Forster, shares how he and the team at Crum & Forster are getting back to business and keeping the focus on people and relationships during these unprecedented times. We discuss working and meeting remotely, digital seals and more.

Hosted By:

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

On this episode, Jack Callahan CPA, Partner - Construction Industry Leader at CohnReznick joins us for the second of a two-part series on the Paycheck Protection Program (PPP). In our first episode we discussed the updates and changes to the program, on this episode we will be discussing what the PPP means for bonding companies. Jack examines how contractors PPP loan debt and deferred payroll taxes will appear on their financial statements and may show the need to re-evaluate the ratios that are used to examine a contractor’s financials. As well as loan forgiveness and the possibility of the public shaming of contractors who have taken advantage of PPP loans similar to that we have seen of other businesses like Shake Shack. Read a full explanation of the PPP Loan Forgiveness Update or for more information on the PPP you can go to both NASBP’s Coronavirus Resources Page or CohnReznick’s Coronavirus Center!

Hosted By:

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

On this 100th episode of Let’s Get Surety®, we take time to celebrate another success on the advocacy front! We are joined by Philip Macres, a principal at Klein Law Group PLLC and leader of the Coalition that seeks alternatives to the letter of credit (LOC) requirement in the BEAD program, and NASBP's Director of Government Relations Larry LeClair. We discuss some background on Broadband and LOC's. As well as discussing the exciting NTIA press release that came out on November 1, 2024 and what it means! Check out the September 6th letter mentioned during the podcast and gear up for NASBP's 2024 Legislative Fly-In where this will be one of the items for Fly-In attendees to address.

With special guests:

Philip Macres, Principal, Klein Law Group, PLLC and Lawrence LeClair, Director, Government Relations, NASBP

Hosted by:

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

Sponsored by Old Republic Surety!

On this episode of Let's Get Surety®, we talk with Steve Sandherr, CEO of Associated General Contractors of America, who has served the association for more than three decades as he announces his upcoming retirement. Looking back, he talks about his journey to AGC, building and keeping talented teams, and the importance of working with like-minded groups. Steve shares his insights on the commercial construction industry and offers a glimpse at the amazing work that has gone into ConsensusDocs, AGC's educational offerings, and AGC's government relations work that has aided in shaping policies for the benefit of the commercial construction industry, during his tenure. Get more information on AGC of America at www.agc.org.

With special guest:

Steve Sandherr, CEO, Associated General Contractors of America

Hosted by:

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

On this episode of Let’s Get Surety® we learn from sales and leadership expert Ryan Estis how to approach sales with confidence and the power of relationships. Ryan explains how good salespeople are made and not born, and what qualities are necessary for success - like staying curious and being an expert in a particular industry. He explains the importance of trust and creating emotional connection, as well as how preparation can make a huge impact! Listen to learn more about how to build strong and impactful relationships. Find out more information from Ryan in his recent book "Prepare for Impact."

With special guest:

Ryan Estis, Co-Founder, ImpactEleven

Hosted by:

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

Sponsored by Merchants Bonding Company!

On this podcast episode, we are joined by Stefan Engelhardt from Brown & Brown Risk Solutions, who shares his insights into bonding cryptocurrency enterprises. Cryptocurrency is opaque to many, but this podcast offers a closer look at what constitutes cryptocurrency and how cryptocurrency transactions interface with money transmitter bonds. Also discussed are what financials and indemnity can look like when bonding cryptocurrency enterprises and what is the current appetite for bonding cryptocurrency enterprises. Be sure to check out the NASBP Virtual Seminar that Stefan presented titled, “Keeping Surety Weird: Exploring Opportunities in Commercial Surety”.

With special guest:

Stefan Engelhardt, National Surety Practice, Sales & Outreach Director, Brown & Brown Risk Solutions

Hosted by:

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

Sponsored by Old Republic!

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!

On this episode, Greg Davenport, Senior Vice President, Global Risks, Liberty Mutual Surety, joins us to discuss blockchain technology and its potential application within the surety industry. We discuss what is meant by the term “blockchain technology” and its relevance for surety transactions and how ICISA and the RiskStream Collaborative are invested in leading exploration of the application of this technology to surety processes. Additionally, we examine how block chain technology is being proposed for a power of attorney repository. Learn how you can get involved and share your feedback by taking part in the RiskStream Surety Lab workshop kick-off call taking place on February 17, 2021.

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 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!

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!

On this episode of Let’s Get Surety®, we talk with CPA Jessica Krause, founder and owner of New Lyfe Accounting. Jessica shares her expertise in accounting for construction firms and the importance of having an accurate WIP report. We discuss the importance of small contractors learning how to prioritize, delegate, and grow their team of trusted advisors as their company grows. Jessica discusses how outsourcing accounting services can help small contractors do just that and offers tips on the right questions to ask to find a CPA who understands the dynamics of the industry!

With special guest:

Jessica Krause, CPA, CCIFP, Owner, New Lyfe Accounting

Hosted by:

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

Sponsored by Old Republic Surety!

On this episode, Brian Dahlke, Vice President & Co-Director of Crum & Forster’s Commercial Business Unit, joins us to take a look at the Commercial Surety Market and how that’s been impacted by COVID-19. We take a look at the economy, the impact of the stimulus packages, the difference in the effect on small business and larger accounts, thoughts on how to weather this storm, and a look at where the commercial surety market might be headed from here.

Hosted By:

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

On this episode of Let’s Get Surety®, we are joined by Todd Regan, a partner in the law firm of Gordon Rees Scully Mansukhani, to discuss the many pitfalls to be avoided when negotiating personal guarantees. Todd explains how even when a corporate officer or agent signs what appears to be a clear agreement to personally guarantee a corporate debt, a creditor may later be surprised when the court finds the guarantee unenforceable, leaving the creditor empty-handed. Listen in to learn more about this crucial and sometimes overlooked aspect of the construction and surety industries. Read Todd's article published in the Surety Bond Quarterly Summer 2023 issue that is mentioned during this episode, "Have an Ironclad Personal Guarantee From a Corporate Officer or Agent?" and listen to Todd's other Let’s Get Surety® episode "A Closer Look at Performance Bonds and Recent Court Rulings"!

On this episode of Let’s Get Surety®, we are joined by Ken Cobleigh, Esq., Vice President & Counsel for the American Institute of Architects (AIA) Contract Documents Program, to discuss two key concepts, Delegated Design and Design Assist, which are gaining in prevalence in commercial construction. Ken shares some background with us, then provides critical definitions to help distinguish the meaning and import of these terms. Also discussed are the process by which the AIA documents committee uses to create its standardized agreements and how AIA standardized documents can clarify issues and encourage conversation to promote clear understanding by all parties. For more information, check out the Design Collaboration on Construction Projects White Paper that Ken mentioned as well as a Sample Delegated Design Agreement and a Sample Design Assist Agreement which are all posted on aiacontracts.org.

With special guest:

Kenneth Cobleigh Esq., Vice President & Counsel, AIA Contract Documents

Hosted by:

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

NASBP staff Mark McCallum and Kathy Hoffman join us to share information and updates on the NASBP Be Guaranteed to Succeed Campaign that is designed to help begin a new conversation about surety. They also describe the engaging array of Surety Story Videos and how to find a NASBP bond producer. For more information on the Be Guaranteed to Succeed Campaign visit - www.nasbp.org/guaranteed or go directly to the growing library of Surety Story Videos here - www.nasbp.org/guaranteed/surety-stories.

Hosted By:

Kat Shamapande, Director, Professional Development, NASBP

Have you ever considered getting a CCIFP? On this episode of Let’s Get Surety®, we are joined by Damien Strohmier, CCIFP of DSP Insurance Services as we explore the value of the CCIFP certification and how it can give producers, underwriters, and CPAs a competitive edge in the construction industry. We discuss the certification, its components, and what it means to earn your CCIFP, as well as the cost to take and maintain this certification. Check out the Surety Bond Quarterly article, "Certification Savvy" for more CCIFP stories, and find out more about the CCIFP!

With special guest:

Damien Strohmier, Surety Bond Producer, DSP Insurance Services

Hosted by:

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

Sponsored by Merchants Bonding Company!

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 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

In this episode, Josh Etemadi and Edin Zukanovic of Construction Bonds, Inc. a Division of Murray join us to share some insights and stories on how they have used social media and social marketing to promote the surety product, build relationships with clients and sell more bonds!

Hosted By:

Kat Shamapande, Director, Professional Development, NASBP and Mark McCallum, Chief Executive Officer, NASBP

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, including the Bonding Awareness Toolkit, and the in-person Bonding Across America program. We discuss the recently released joint NASBP and SFAA Contractor Bonding Education & Mentoring Program. Chris also shares examples from his own experience of the success that outreach and education can produce. Want to get involved with the NASBP’s Small and Emerging Business Committee? NASBP Members and Affiliates can join the committee now.

Hosted by:

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

Sponsored By Old Republic!

On this episode guests John Sebastian and Brian Padove attorneys with Watt, Tieder, Hoffar & Fitzgerald, LLP will discuss Federal Construction Contracts and more specifically the Federal Acquisition Regulation or FAR in light of the COVID-19 pandemic. They will share insights into, when and how to provide notice, the burden of proof, suspension of work, and the sovereign acts doctrine. As well as stressing the importance of reviewing your current contract documents and taking the pandemic into consideration as you move forward with new contracts during these uncertain times. For more information on this topic check out the NASBP Blog post that our speakers co-authored with several colleagues at Watt Tieder, Federal Construction Contracts vs. COVID-19: An “Excused” Delay?

Hosted By:

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

On this episode of Let’s Get Surety®, we are joined by Carmen Duarte of Intact Insurance Specialty Solutions to talk about building a more diverse and inclusive industry. We discuss the changing demographics of today’s world at work and how we can move forward to expand profitability and success through building a more diverse workforce! We also discuss some of the challenges we face in attracting new people to the surety industry and Carmen shares ideas of tactics to overcome these hurdles as well as the progress that she has seen on this front in her role at Intact. You can hear more from Carmen at NASBP’s 2023 Annual Meeting in Marco Island, FL where she joins other panelists for a presentation titled, The Rapidly Changing World of Employee Onboarding, Retention and Management” Hope to see you there!

With special guest:

Carmen Duarte, VP Diversity, Inclusion & Social Impact, Intact Insurance Specialty Solutions

Hosted by:

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

Sponsored by Liberty Mutual Surety!

On this episode, we are joined by Sara Bour and James Germano from AIA Contract Documents to look behind the curtain at the AIA Contract Documents program. We discuss the history of AIA standardized contract development as well as the different families of related documents that they offer. Additionally, the guests characterize the AIA drafting process, its foundational principles and its objectives, and are told of the structure and composition of the AIA documents committee. Visit the AIA Contract Documents website for more information.

With special guests:

Sara Bour, Manager and Counsel, AIA Contract Documents and James Germano, Senior Manager and Counsel, AIA Contract Documents

Hosted by:

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

Sponsored by Old Republic Surety!

On this episode of Let’s Get Surety®, we speak with leaders of Women in Surety, Inc., a 501(c)(6) non-profit organization, founded in 2016 to offer surety women opportunities, mentorship, and support. Nancy Schnee, current President, Chandar Potter, Vice President, and Carol Levine, a co-founder, address how Women in Surety empowers, inspires, and advances women professionals in the surety industry. Our guests talk about the founding of the organization, the organization's structure, and its exciting growth and increasing recognition. The insightful conversation also touches on the terrific offerings of Women in Surety, like their events and mentorship program. Find out more about Women in Surety, including how to become a member, by visiting www.suretywomen.com.

With special guests:

• Nancy Schnee, Senior Vice President, American Global, LLC and President and Founding Board Member, Women In Surety
• Chandar Potter, Head of Commercial Surety, Munich Re Specialty Insurance, Vice President and Founding Board Member, Women In Surety
• Carol Levine, President, Arthur B. Levine Co., Inc., and Co-Founder of Women in Surety

Hosted by:

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

Sponsored by Old Republic Surety!

On this episode, we are joined by NASBP President Nick Newton, President of Newton Bonding, an AssuredPartners Agency, who shares information on his background and his personal insights as an experienced surety bonding professional and leader. Nick shares stories regarding his journey into a surety career and into NASBP membership and how his journey is emblematic of his theme “NASBP with Passion and Purpose.” You can follow these links to get information on the Producers Tool Kit (login required) and how NASBP members can join an NASBP Committee, which were both mentioned during this conversation.

With special guest:

Nick Newton, President, Newton Bonding, an AssuredPartners Agency

Hosted by:

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

Sponsored By Allianz Trade!

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 Article titled: “Tribal Sovereign Immunity: What Surety Professionals Need to Know When Working With Native American Tribal Government and Business Entities”, or the NASBP Virtual Seminar with the same title that was presented by Michelle Randall and Brad Espinosa here.

Hosted by:

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

Sponsored by Nationwide!

NASBP is excited to announce a new 2021 series of 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. On this first episode in the series, we are joined by current committee chair Steven Tucker of the Tucker Agency, and former committee chair Corban Enns of Surety Solutions A Gallagher Company, who discuss the benefits of participating in the 5-15 Leadership Committee and share reflections on their personal experiences as committee members. Visit the 5-15 Committee website for more information on joining the committee.

Hosted by:

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

Sponsored By Old Republic Surety!

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, Professional Development, NASBP and Mark McCallum, CEO, NASBP

Sponsored By Old Republic!

On this episode of NASBP’s Let’s Get Surety® we are joined by NASBP Past Presidents Stephen Cory of Cory Tucker & Larrowe, Inc., Todd Loehnert of L A Surety Solutions - A Division of Alliant Insurance Services, and Lynne Cook, who retired recently from her illustrious career in the surety industry and now is consulting. We look at the past, discussing each of our guest's presidential terms through their stories which reveal the important initiatives spearheaded during their presidential terms and which continue into the present. We also discuss industry changes happening today. To get more information about some of the subjects discussed, the following links are provided: NASBP’s 5-15 Committee, NASBP’s Focal Point (providing regular updates on legislative and regulatory developments of interest to the surety community) and NASBP recognitions and awards, the Bruce T. Wallace Award and the John "Jack" J. Curtin, Jr. President’s Award.

With special guests:

Lynne Cook, Retired and Consulting, Stephen Cory, President, Cory Tucker & Larrowe, Inc., and Todd Loehnert, President, LA Surety Solutions - A Division of Alliant Insurance Services

Hosted by:

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

On this episode, we are joined by NASBP President Patrick Pribyl of Lockton Companies, who shares information on the many exciting events in store during his presidential term. Patrick also shares stories regarding his journey as an NASBP member and volunteer and how his experiences lead him to his theme “All In.” You can follow these links to get information on how you can be All In with NASBP through the many opportunities that Patrick mentions during the episode: attending the NASBP Fall Meetings, attending the NASBP 2024 Annual Meeting and Expo, attending future NASBP Surety Schools and other Educational events, and joining an NASBP Committee.

With special guest:

Patrick Pribyl, National Surety Team Leader - Senior Vice President, Lockton Companies

Hosted by:

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

Sponsored by Liberty Mutual Surety!

In this episode, guest Dr. Tom Schleifer, retired construction executive, Arizona State University professor, and author of the blog, “Let’s Talk Business”, shares insights into how construction firms can survive the current COVID-19 crisis and resulting economic downturn hitting the construction industry. He cautions contractors to be wary of the wait and see a model of managing the current downturn, and to take a hard look now at cutting expenses to better weather this downturn. He discusses his analysis of data coming in now and compares it to the data and models from past economic downturns in the construction industry. For more information, you can also read a compilation of blog posts that Tom has shared on this topic, “Crisis-Era Message to Contractors: A Series from Dr. Tom Schleifer.”

Hosted By:

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

On this episode, Jack Callahan CPA, Partner - Construction Industry Leader at CohnReznick joins us in this first of a two-part series on the Paycheck Protection Program (PPP). On this first of two episodes, we discuss the updates and changes that have come out as of the date we recorded on June 26, 2020. Jack chats with us about the changes to the covered period, Loan Forgiveness and EZ Forgiveness Applications, changes in the ratio of forgivable costs, deferral of payroll taxes, FTE Reduction Exceptions, and Safe Harbors, and the changes on the maturity of the loan. As well, as discussing the importance of documentation and audits. This is important information for everyone who has been able to take advantage of the PPP loans and their team of advisors!

Hosted By:

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

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 by:

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

Sponsored By Old Republic!

On this episode of "Let's Get Surety," we are joined by Caren Kelleher, the founder and CEO of Gold Rush Vinyl, a company acknowledged as one of the "Most Innovative Companies of 2020" by Fast Company magazine. Kelleher shares how she jumped, all in, and transitioned from being a music executive at Google to establishing her own vinyl record manufacturing company, riding on analytics and her passion for music and business. She shares what encouraged her to make the leap of faith into manufacturing as a small business owner. Delve into an engaging discussion on entrepreneurial hurdles and breakthroughs, capital sourcing through a U.S. Small Business Administration loan program and angel investors, the resilient vinyl industry's growth and future, and the indispensable role of trusted advisors on her journey. You will quickly perceive parallels in her story with those of countless surety clients!

With special guest:

Caren Kelleher, Founder & CEO, Gold Rush Vinyl

Hosted by:

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

Sponsored by Liberty Mutual Surety!

On this episode of Let’s Get Surety®, we are joined by Aaron Steffey, Co-Founder and Co-CEO, of Propeller Bonds, who shares his insights and observations on electronic bonding. We discuss the importance of the digitization of surety, as well as some of the ups and downs, such as how the pandemic helped move electronic bonding forward more quickly, as well as the many hurdles still in front of us. Check out the other Let’s Get Surety® episodes on electronic bonding to learn more!

With special guest:

Aaron Steffey, Co-Founder and Co-CEO, Propeller Bonds

Hosted by:

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

Sponsored by Old Republic!

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 5-15 committee members Mark Duggan and Katie Kleinschmidt, who discuss their involvement with NASBP and the 5-15 and how it has helped them network with fellow producers, leaders, and rising stars on the company side and how invaluable that has been to their careers! If you’re interested in becoming a part of the NASBP 5-15 Committee or know someone that might be, you can get information and begin the nomination process here, and don’t forget to register for the NASBP 2022 Annual Meeting & Expo!

Hosted by:

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

Sponsored By Old Republic!

On this episode, Mark R. Berry a Partner at Peckar & Abramson, joins us to take a look at “wage theft” laws that have gone into effect and what they mean for contractors, subcontractors, and subcontract bonds. We discuss why this trend has arisen now, the good-faith exception included in some states law, attorney fees provisions and steps contractors can take to mitigate risks.

Hosted By:

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

On this episode, Corban Enns, Area Vice President, Surety Solutions a Gallagher Company, shares experiences with and insights into the electronic bonding system NMLS and what helped lead stakeholders to transition to and value electronic bonds. We also discuss how the NMLS could be an example that could be used to streamline other types of bonds processes, especially in light of the remote work world in which we find ourselves.

Hosted By:

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

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 the importance of considering and including ADR during contract negotiations rather than when a problem arises. You may also want to check out the previous episode that Bill joined us on, “#45 Read (and Understand) Your Contract!”

Hosted by:

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

Sponsored by Nationwide!

On this episode, David Dolnick, Founder, CEO, & Principal Consultant with Dolnick Rick Advisors, joins us to take a look at managing risks in this rapidly changing insurance market and how that’s been impacted by COVID-19. We take a look at where the insurance market is now, where property and casualty rates are and how they are changing. We also take time to walk through tips to share with your construction clients.

Read more on this topic in David’s recent Surety Bond Quarterly articles, Helping Your Clients in a Rapidly Changing Insurance Market Part 1 and Helping Your Clients In a Rapidly Changing Insurance Market Part 2—Checklist to Share with Clients. For more information on COVID-19’s impacts on the Surety Industry visit NASBP’s Coronavirus (COVID-19) Resources and Information page.

Hosted By:

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

On this episode, NASBP past president Bob Shaw, President of Skillings Shaw & Associates, Inc and David Jean, a member of the NASBP’s CPA Advisory Council and principal at the CPA firm of Albin, Randall & Bennett, joins us to take a look at how they are leading their contractor clients through these turbulent times. We discuss how COVID-19 is affecting their construction clients on both public and private projects with delays, backlogs, staffing, overhead, reviewing contracts, re-examining cost to complete, and work on hand schedules. As well as educating clients about Payroll Protection Program (PPP). For more information on COVID-19's impacts on the Surety Industry visit NASBP's Coronavirus (COVID-19) Resources and Information page. 

Hosted By:

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

On this episode, we are joined by Joseph Young a Partner and Board-Certified Construction Attorney with the law firm of Smith Currie in the firm’s Fort Lauderdale, Florida, office to discuss mitigating the risk of Construction Defect Claims. We discuss the possible sources and duration of the liability. Additionally, we discuss the types of warranties and how to shift and limit the risk related to construction defect claims to contractors!

With special guest:

Joseph R. Young, Partner, Smith, Currie & Hancock LLP

Hosted by:

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

Sponsored by Old Republic!

On this episode of Let’s Get Surety®, we are joined by Mike Bomba, Managing Director and Counsel for the American Institute of Architects (AIA) Contract Documents Program to discuss the importance and significant advantages of standardized construction and related contracts. Among the principal advantages discussed are cost and time savings and predictability, thereby facilitating and expediting complex construction industry transactions. Mike also shares some of the interesting history of AIA Contract Documents program on their website.

With special guest:

Michael Bomba, Managing Director and Counsel, AIA Contract Documents

Hosted by:

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

On this episode of NASBP’s Let’s Get Surety®, we are joined by NASBP Past Presidents John Bustard of King & Neel, Mark Munekawa of Woodruff Sawyer, and Tracy Tucker of Tucker Agency, Ltd. We look at the past, discussing each of our guests’ entry into the surety industry as well as the roots of their NASBP involvement. Additionally, we discuss their unique presidential terms, all of which were altered by the COVID-19 pandemic. The stories they tell exemplify the importance of resourcefulness and leading and moving forward through unprecedented times. You can check out other terrific content in the recordings of the Virtual Events that are mentioned during our conversation at NASBP’s SuretyLearn. Listen to all of the interesting and engaging episodes in the Thinking Back Looking Forward: NASBP and the Surety Industry with NASBP Past Presidents series.

With special guests:

Tracy Tucker, President, Tucker Agency, Ltd, John Bustard, Senior Vice President, King & Neel, LLC, and Mark Munekawa, Sr. Vice President – Surety, Woodruff Sawyer

Hosted by:

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

Sponsored by Old Republic!

On this episode of Let’s Get Surety®, we are joined by Cash McMillen of The Cashion Company and Brianna Stephenson of Parrot Surety Services to discuss their surety careers. They share how they found their careers in surety, what their roles and tasks are during a typical day on the job, and how they knew that they had found much more than a job with their surety careers. Both Cash and Brianna share advice for those looking for a career and encourage them to consider a career in surety. 

With special guests:

Cash McMillen, CIC, Partner, Executive Vice President – Operations-Insurance and Bonding, The Cashion Company, Inc. and Brianna Stephenson, Surety Bond Specialist & Marketing Manager, Parrot Surety Services

Hosted by:

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

Sponsored by Old Republic!

On this episode of Let’s Get Surety®, we are joined by renowned keynote speaker Ross Bernstein, best-selling sportswriter and author, just minutes after stepping off the stage at NASBP's 2023 Annual Meeting. Ross shares his thoughts, insights, and stories on how passionate people can become champions in life and in careers.

With special guest:

Sponsored by Liberty Mutual Surety!

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 the theme, "We Are Better Together," that NASBP President Tracy Tucker chose for his term as President comes across loud and clear. See you in 2022!

Hosted by:

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

Sponsored by Nationwide!

In this episode, Aldo Pasquariello, Executive Vice President with Insurance Associates an MMA Company, walks us through a case study of a local high school project strained by a subcontractor default. He discusses how this project could have become a disaster, but due to the cooperative efforts of the surety team facilitating a speedy resolution became an unqualified success! If you are interested in learning more about this project check out the Surety Bond Quarterly article by the same title.

Hosted By:

Kat Shamapande, Director, Professional Development, NASBP

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 importance of awareness and education on this issue. For more information on False Claims Act liability risks, you should check out the NASBP FCA presentation at AGC Surety Bonding and RM Conference, June 2-4, 2021

Hosted by:

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

Sponsored by Liberty Mutual Surety!

On this episode, we are joined by Andrew Grey, of Munich Reinsurance America, Inc., to discuss what reinsurance is and why it’s important, especially given the current uncertain period. This podcast episode examines the state of the reinsurance market and conveys the value reinsurance brings to the surety environment.

*Disclaimer from Andrew Grey: The views and opinions expressed here may include projections based on assumptions and forecasts and is intended for information purposes only. Nothing that I am about to say is intended to be legal, underwriting, financial or any other type of professional advice, and listeners are encouraged to consult with his or her own counsel or other advisors to verify the accuracy and completeness of any information used and to determine its applicability to the recipient’s particular circumstances. Nothing I am about to say should be construed as a representation or warranty of any kind, whether express or implied, as respects to the accuracy, completeness, or applicability of this information to any recipient’s circumstances. Any descriptions or comments made about coverage are meant to be general in nature and do not include nor are intended to include all the actual terms, benefits and limitations found in an insurance or reinsurance policy, which will form the contract between the insured and insurance company and governs in all cases. Neither me nor my employer assumes any liability whatsoever resulting from reliance upon my comments.

With special guests:

Andrew Grey, Senior Vice President, Credit Surety and Political Risk Underwriter, Munich Re US-Specialty Lines-Credit & Surety, Munich Reinsurance America, Inc.

Hosted by:

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

Sponsored by Old Republic!

On this first of two episodes Larry LeClair, Director of GR at NASBP and John “JB” Byrd, representing the National Society of Professional Surveyors (NSPS) will share their insights regarding the recently enacted Broadband DATA Act and discussions they have had with various congressional offices including those house members who serve on the rural broadband task force. Larry and JB discuss the start of NASBP and NSPS’s working relationship and where they are now, by tracing the steps and connections they have had with various house and senate offices which have led us to this point!

Find out more about NSPS and check out their podcasts, "Surveyor Says!" and "Point of Order" .

Hosted By:

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

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!

On this episode of NASBP’s Let’s Get Surety® we are joined by NASBP Past Presidents Larry McMahon of Alliant Insurance Services, Tom Padilla of HUB International, and Bob Shaw of Skillings Shaw & Associates. We look at the past, discussing each of our guests’ entry into the surety industry as well as their industry involvement and presidential terms through their stories, which reveal the important initiatives spearheaded during their presidential terms and which continue into the present day. We also discuss the importance and impact of NASBP’s Surety Schools and volunteer committee involvement on their distinguished careers! You can find out more about joining a committee and get more information and register for NASBP’s next Surety School class now!

With special guests:

Larry McMahon, Executive Vice President, Surety Manager, Alliant Insurance Services, Inc., Tom Padilla, Senior Vice President, HUB International Limited, and Bob Shaw, President, Skillings Shaw & Associates, Inc.

Hosted by:

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

On this episode of Let’s Get Surety®, we discuss the role of technology and artificial intelligence (AI) in transforming construction with business leaders Puneet Mahajan, Wan Li Zhu, Chris Lanzisera, and Doug Ware, senior executives with Suffolk and related companies. They discuss the key challenges facing the construction industry, from a lack of productivity to an aging workforce and low levels of digitization. The lively conversation delves into how data, technology, and AI are being utilized to overcome these hurdles and to gain efficiencies and opportunities. Check out additional Technology and AI Podcasts and NASBP Virtual Seminars to explore this topic further!

With special guests:

Puneet Mahajan, Executive Vice President and Chief Financial Officer, Suffolk Technologies, Wan Li Zhu, Co-Founder and Managing Director, Suffolk Technologies, Chris Lanzisera, Senior Vice President, Suffolk Design, and Doug Ware, Senior Vice President of Risk Management, Suffolk Construction

Hosted by:

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

Sponsored by Liberty Mutual Surety!

On this episode, Marty McCarthy, a member of the NASBP’s CPA Advisory Council and the managing partner of McCarthy & Company, PC, joins us to take a look at the PPP forgiveness process. Borrowers who received PPP loans are asking their CPAs if and how they will qualify for PPP loan forgiveness, as uncertainty over some of the program details exists. Many businesses — especially small businesses — worry about how best to meet loan forgiveness requirements. This episode will discuss loan forgiveness requirements and will pinpoint important factors affecting the forgiveness application process that should be considered first. For more information on COVID-19’s impacts on the Surety Industry visit NASBP’s Coronavirus (COVID-19) Resources and Information page.

Hosted By:

Kat Shamapande, Director, Professional Development, NASBP

On this episode Jason Terrell of The Institutes, NASBP Past President Larry McMahon of Alliant Insurance Services, and Ralph Pulver of Travelers join us to share some background and insights on The Institutes AFSB designation and to discuss the value it has had on their careers. Check out the links below for more information on The Institutes, the AFSB designation, the CPCU designation, and NASBP’s William J. Angell Surety Schools, all of which are mentioned in this episode.

Hosted by:

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

The Tiger Trust Award, a prestigious recognition in the surety industry! In this episode of "Let's Get Surety® we are joined by Kevin Garrity, Vice President, Surety & Construction Services of NFP, who was awarded the 2024 Tiger Trust Award as he shares his recent experience in successfully convincing a private college to require a surety bond for a substantial construction project, landing him the award. Kevin emphasized the importance of the protections offered by the surety product to project owners. Find out more about NASBP's Tiger Trust Award and the application process that opens in the fall each year and how you too can submit an application, and check out the resources comparing the surety product and SDI that Kevin shared with the local college leading to his Tiger Trust Award!

With special guest:

Kevin J. Garrity, Vice President, Surety & Construction Services, NFP

Hosted by:

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

Sponsored by Liberty Mutual Surety!

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 all involved. For more information on this topic, check out Todd’s article in the Summer 2021 issue of Surety Bond Quarterly titled, “Profiles in Character: Two Tales of Financing – The Bond Producers Role”

Hosted by:

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

Sponsored By Old Republic Surety!

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 digitization. Patrick shares his definitions of common terms, such as electronic bonds, e-bonding, digital bonds, blockchain, and distributed ledger. If you are interested in hearing more on electronic bonding and on the application of blockchain technology, check out these other Let’s Get Surety Episodes. 

Hosted by:

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

Sponsored by Nationwide!

On this episode, Larry LeClair, Director of GR at NASBP and John “JB” Byrd, representing the National Society of Professional Surveyors (NSPS) joins us for the second of a two-part series on rural broadband. In our first episode, Larry and JB shared some information on rural broadband, the recently enacted Broadband DATA Act and various virtual meetings conducted with senate and house staff. On this episode, JB and Larry discuss draft legislative language NASBP and the NSPS are pursing and what potential legislative action might be coming down the road. Find out more about NSPS and check out their podcasts, "Surveyor Says!" and "Point of Order".

Hosted By:

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

In this episode, guest Julian Xavier with CLA shares some insights into the COVID-19 stimulus law Paycheck Protection Program (PPP) from a CPA’s perspective. He shares a high-level overview of the PPP loan, what happens once you receive the funds, what’s covered, or not covered, FTE requirements, the importance of tracking the funds, safe harbor, and steps for forgiveness. Julian helps to sort through the many questions around the Paycheck Protection Program as we await more guidance!

Hosted By:

Kat Shamapande, Director, Professional Development, NASBP

On this episode, Larry LeClair, Director of Government Relations at NASBP and Dalton DeFendis, Director of Federal Affairs at SFAA, join us to discuss the importance of participating in the Joint NASBP and SFAA Virtual Legislative Fly-In coming up on March 25th. We discuss the importance of meeting with your elected officials and their staff to advocate for the surety industry, outline the virtual format and walk participants through some of the important talking points for their congressional meetings. The virtual fly-in affords participants the luxury of engaging in policy discussions with their members of Congress at the comfort of their office/home. Don’t forget to register by March 12th so that your meetings can be scheduled in advance!

Hosted by:

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

Sponsored By Old Republic Surety

Are you curious how blockchain technology is changing the surety industry? On this episode of Let’s Get Surety®, we are joined by Greg Davenport of Liberty Mutual Surety and Sandy Hampel of The Institutes RiskSteam Collaborative to discuss the substantial strides a broad industry effort facilitated by The Institutes RiskSteam Collaborative has made exploring blockchain technology to digitize surety processes. Davenport and Hampel discuss how blockchain technology can generate greater efficiency in processes by, for example, allowing faster verification and authentication of bonds. They relate the impressive work now being accomplished with surety and technology partners, including the ability to provide demonstrations of proofs of concept at NASBP’s recent 2023 Annual Meeting, and the plans for 2024. Check out Greg’s past episode that touched on the earlier days of this process titled, “Blockchain Technology in Surety” and visit The Institutes RiskStream Collaborative online to get more information.

With special guests:

Greg Davenport, Sr. Vice President, Global Risks, Liberty Mutual Surety and Sandy Hampel, Director Life & Annuity and Commercial Lines Products, The Institutes RiskStream Collaborative

Hosted by:

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

Sponsored by Liberty Mutual Surety!

On this episode of Let’s Get Surety®, we are joined by economist Dr. Anirban Basu of Sage Policy Group, just minutes before he stepped on the stage at NASBP’s 2023 Annual Meeting to share his keynote presentation. Anirban shares his thoughts on some of the major factors shaping economic outcomes today and offers insights into what’s to come, highlighting the major risks that economic stakeholders will likely encounter.

With special guest:

Dr. Anirban Basu, Chairman & CEO, Sage Policy Group, Inc.

Hosted by:

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

Sponsored by Liberty Mutual Surety!

On this episode, Jack Callahan CPA, Partner – Construction Industry Leader at CohnReznick joins us for an update on the latest round of Covid-19 relief and what it means for the first and second rounds of the Paycheck Protection Program (PPP). Jack examines tax treatment highlights and where PPP loan debt will appear on contractors’ financial statements. As well as diving into similarities and differences between Round 1 and Round 2 PPP loans based on what we know now. For more information on the PPP, you can go to both NASBP’s Coronavirus Resources Page or CohnReznick’s Coronavirus Center!

Hosted by:

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

On this episode, Mike Zisa, Chair of the Surety and Construction Related Insurance Defense Practice Group at Peckar & Abramson shares insights into understanding force majeure clauses during the COVID-19 pandemic. The conversation touches on reviewing contracts, communications with owners, giving notice, and documentation. Additionally, Zisa highlights that there may be other avenues for recovery in existing contracts, so careful contract review is warranted.

Hosted By:

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

On this episode of Let’s Get Surety®, we are joined by CMAA Board of Directors, Chair, Brian McCarthy, of CDM Smith and CMAA Board of Directors, Chair-Elect, Christine Oates, CCM, of Jacobs, to discuss the Construction Management Association of America (CMAA). Our guests share some background on CMAA, their members, their role in the industry, and the importance of their educational efforts including their certification. If you’re interested in finding out more about CMAA you can visit them online, and check out their podcast, Construction Leaders Podcast.

With special guests:

Brian McCarthy, PE, CCM, Vice President, CDM Smith and the CMAA Board of Directors, Chair and Christine Oates, CCM, Vice President, Jacobs, CMAA Board of Directors, Chair-Elect

Hosted by:

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

On this episode of Let’s Get Surety®, we are joined by federal executives John Miller of the Office of Capital Access and Jermaine Perry of the Office of Surety Guarantees at the U.S. Small Business Administration (SBA), who share perspectives and information regarding SBA’s capital access lending and bond guarantee programs, which benefit and strengthen small businesses by giving them the capital and credit needed to progress and thrive. Find out more about these federal programs available to small construction businesses nationwide at https://www.sba.gov.

With special guests:

John Miller, Deputy Associate Administrator, Office of Capital Access at U.S. Small Business Administration (SBA) and Jermaine Perry, Director, Office of Surety Guarantees, Office of Capital Access, U.S. Small Business Administration (SBA)

Hosted by:

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

Sponsored by Old Republic!

On this episode, we are joined by NASBP President Zach Mendelson of EPIC as he shares both his career journey and his journey as a NASBP member and volunteer. He talks about his role as Chair of NASBP's Industry Relations Committee, where he played an instrumental part in launching the Be Guaranteed To Succeed (https://www.nasbp.org/guaranteed/home) public relations campaign. Zach also discusses his presidential theme, Backing Our Future, and the exciting work that has been initiated to create and promote a university-focused education and internship program that highlights the phenomenal career opportunities in the surety industry!

With special guest:

Zach Mendelson, Principal, Bonds/Insurance/Construction, EPIC | Edgewood Partners Insurance Center

Hosted by:

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

Sponsored by Liberty Mutual 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 of bonds costs, better allocation of staff, and--best of all--more time devoted to people and to relationships! Check out past Let’s Get Surety® episodes on a variety of technology topics.

With special guest:

James Milos, Assistant Vice President, Head of Surety & Fidelity Claims, Nationwide

Hosted by:

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

Sponsored By Allianz Trade! 

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 by:

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

Sponsored by Old Republic Surety!

On this episode of Let’s Get Surety®, we talk with Corban Enns of Gallagher Affinity Insurance Solutions, shedding light on the complexities of working with state agencies and navigating through the nuances of bonding. Corban shares his journey getting into surety, discusses the CSBS and NMLS, and addresses the confusion about the surety product that you might encounter. Most importantly he shares stories and insight on how to be proactively advocating for the benefits and significance of the surety product with owners and obligees. Join us as we uncover the secrets to successful collaboration and advocacy in the world of surety.

With special guest:

Corban Enns, Area President & Director of Surety, Gallagher Affinity Insurance Solutions

Hosted by:

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

Sponsored by Liberty Mutual Surety!

In this episode, guests Lori Demeyer and Kim Orsolits with CLA share some insights into managing the workplace without pandemonium during the COVID-19 pandemic and moving forward in the new world. They will share HR insight and advice for policy review, tailor-made plans that work best for each workplace, resources to help employees manage higher levels of stress, and planning for both coming into our offices or job sites and teleworking. You can also read the NASBP blog that our guests co-authored for additional information, “Pandemic Doesn’t Have to Mean Pandemonium in the Workplace.”

Hosted By:

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

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 ruling provides an important illustration for surety professionals and contractors to consider.

Hosted by:

Kat Shamapande, Director, Professional Development, NASBP

Sponsored by Old Republic Surety!