Explore every episode of the podcast Let's Get 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!

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 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, 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 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 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!

Are you familiar with customs bonds? On this episode of Let’s Get Surety®, we welcome John Sheppard, of C.A. Shea and Company, to share his expertise in this specialized area of the surety industry. John provides insight into common terms, and bond types, and defines who qualifies as an importer. He also explains the role and guarantees of a customs bond, including cover for duties, taxes, and fees and compliance with federal regulations. From traveling abroad to enforcing intellectual property rights, you'll learn the surprising instances where customs bonds come into play. Get more information on NASBP's Commercial Surety School Level 1 and Level 2  classes, view the NASBP Virtual Seminar titled, "Anti-Dumping/Countervailing Duty: An Overview" and the recent blog post on customs guidelines updates.

With special guest:

John J. Sheppard II, Executive Vice President, C.A. Shea & Company, Inc.

Hosted by:

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

Sponsored by Merchants Bonding Company!

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!

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"!

With special guest:

Todd Regan, Partner, Gordon Rees Scully Mansukhani, LLP

Hosted by:

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

Sponsored by Merchants Bonding Company!

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 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 episode of Let’s Get Surety®, we talk with three surety professionals--Brad Babcock of Babcock Solutions and Chair of NASBP’s Membership Committee, Nicole Campbell of Parrot Surety Services and Vice Chair of NASBP’s Membership Committee, and Jennifer Morales of Intact Insurance Surety Group. All discuss reasons for joining NASBP and the extensive membership benefits and resources offered, including ways in which employees can participate in association efforts to gain industry knowledge and skillsets. Please join them and discover their perspectives on why membership is so valuable. Find out more about becoming a member now! Or check out some of the many resources and opportunities mentioned during this episode:

• NASBP SmartBrief
• NASBP Blog (specifically mentioned - Five Ways AI Is Likely To Affect The Construction Industry)
• NASBP White Papers, like the one mentioned on, Resident Agent Countersignature Laws
• NASBP Producers Communications Toolkit
• NASBP's Surety Schools
• NASBP's Suretylearn and NASBP Virtual Seminars
• NASBP's Online CE Courses
• NASBP's Suretylearn For Contractors and resources like 51 Questions Small Contractors Ask About Bonding
• NASBP's Annual Meetings and Fall Meetings
• NASBP Advocacy and Government Relations and the Federal Legislative Fly-in
• Join A NASBP Committee

With special guests:

Brad Babcock, Owner, Babcock Solutions, Nicole Campbell, CEO, Parrot Surety Services, and Jennifer Morales, Underwriting Consultant, Surety Specialty, Intact Insurance Surety Group

Hosted by:

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

Sponsored by Merchants Bonding Company!

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 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

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 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 are joined by Danette Back, Partner and Head of Industry Verticals at USI Insurance Services to discuss how surety and insurance teams can work together and support each other. She discusses the importance of having holistic conversations about Risk Management with clients, and the need to seek out education such as NASBP's Surety School to fill gaps in knowledge. Danette also shares insights into what she is seeing from her vantage point of overseeing both PNC and Surety teams. Find out more about how you too can attend NASBP's Surety Schools!

With special guest:

Danette Beck, CPCU, ARM, CRIS, Partner - Head of Industry Verticals and National Construction Practice Leader, USI Insurance Services

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 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 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!

On this episode of Let’s Get Surety®, we are joined by Nathan Wonder of CAC Specialty who shares perspectives and updates on alternative energy bonding. We discuss the growth and changes in the Solar and Wind power industries and the need to standardize the bond forms in the alternative energy space. Nathan also touches on bonding opportunities on the horizon in the burgeoning hydrogen and carbon sequestration and geothermal energy industries. Check out Nathan's past presentations, “Future Opportunities in Surety: Navigating Changing Landscapes” which was part of the NASBP April 2021 Virtual Event as well as the Virtual Seminar titled “Shedding Light on Surety in the World of Solar Power” and the Surety Bond Quarterly article he authored with the same title.

With special guest:

Nathan Wonder, Vice President, Surety - Natural Resources, CAC Specialty

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 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 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 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!

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 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!

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!

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 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:

Ross Bernstein, Best-Selling Sportswriter and Author

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 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 of Let’s Get Surety®, we are joined by Brian Perlberg, Esq., who serves as the Executive Director & Senior Counsel for ConsensusDocs as well as the Senior Counsel for Construction Law & Contracts for the Associated General Contractors (AGC) of America, to talk about ConsenseusDocs, an effort among more than 40 construction industry organizations to develop and disseminate standardized construction document forms. Brian shares information on updates to ConsensusDocs forms, including its general conditions document, along with trends in construction contracts generally. For more information, please visit ConsensusDocs online. Interested individuals may request a sample document. NASBP is among the organizations supporting ConsensusDocs.

With special guest:

Brian Perlberg, Executive Director & Senior Counsel, ConsensusDocs, and Senior Counsel, AGC

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 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 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!

On this podcast episode, we are joined by Larry LeClair, Director of Government Relations at NASBP, who will offer some helpful tips when meeting with elected officials. We delve into the importance of engaging with elected officials, so they are attuned to the important issues facing their voter constituents and how those issues directly impact their respective state and/or district. Larry also provides a real-life example where an active NASBP volunteer connects with his elected official resulting in a significant policy change for the surety industry. The podcast also highlights the significance of attending NASBP’s Federal Legislative fly-in. Please visit the NASBP Fly-in for more information and subscribe to NASBP’s Focal Point, an electronic bulletin that provides concise, bulleted summaries of key legislative and regulatory developments.

With special guest:

Larry LeClair, Director, Government Relations, NASBP

Hosted by:

Kat Shamapande, Director, Professional Development, NASBP 

Sponsored by Old Republic!

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, 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!

On this episode of Let’s Get Surety®, we are joined by Brian Perlberg who serves as the Executive Director & Senior Counsel for ConsensusDocs, as well as the Senior Counsel for Construction Law & Contracts for Associated General Contractors (AGC) of America to talk about ConsenseusDocs. Brian shares some information on the background, purpose, and process behind ConsenseusDocs and what makes them unique. We also discuss how ConsenseusDocs has innovated and updated to keep up with the times including the creation of the Materials Price Escalation Clause and resource center. For more information visit ConsensusDocs online and you can link directly to their Price Escalation Resource Center or request a sample, as well. NASBP is a supporting organization of ConsensusDocs.

With special guests:

Brian Perlberg, Executive Director & Senior Counsel, ConsensusDocs, and Senior Counsel, AGC

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 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 of Let’s Get Surety®, NASBP CEO Mark McCallum flips the script and asks Kat Shamapande to step back from her role as host and share information on NASBP’s Professional Development Committee and the countless impressive educational offerings they make available to surety professionals to grow their careers, networks, and surety know-how. During this episode, we discuss the rich and engaging experience offered at NASBP’s Surety School classes including Contract Surety School classes Level I, II, and III and Commercial Surety School classes I and II (launching in 2023), NASBP’s Virtual Seminars, and surety focused online CE courses. Don’t miss this review of the many excellent resources offered by NASBP to help you fuel your passion as a surety professional!

With special guest:

Kat Shamapande, Director, Professional Development, NASBP

Hosted by:

Mark McCallum, CEO, NASBP

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

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 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