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Construction Forum: Demystifying Surety the Product and its Value

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Date: Tuesday, May 20, 2014
Start Time: 1:30 PM EST
End Time: 2:30 PM EST

Location: Web Conference

Fees: Register Now
Business Member - $20
Supplier - $0
Registrant - $20
Member Plus - $0
Board of Experts - $0
Association Partner - $0
Association Member - $0
Resource Partner - $0
Govt Supporting Member - $0
Government Member - $0
Prime Contr Sup Mbr - $0
Prime Contractor Mbr - $0
Leadership Team - $0


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Region: National
Network: Manage & Grow Your Business
Group: Federal Government Contracting, Access to Capital, Construction
Category: Construction & Real Estate, Financial Management, Government Contracting, Financing & Loans, Manage, Growth & Leadership, Business Finance & Insurance, Government Contracting, Federal Gov't Agencies
Tags: bonding, surety, construction, DOT, government contracts
Any large general contractor will say that surety bonds are their life’s blood.  Often small, emerging and minority contractors see surety as a hurdle.  This presentation will provide historical context, explain why surety bonds exist,  describe what sureties do and how bonding can be used as a tool to build sustainable contractors, promote economic development and job creation to ultimately increase profitability and build legacy wealth.

Presenter:

Joanne S. Brooks, Vice President and Counsel the Surety and Fidelity Association of America
 
Admitted to the bar in Maryland.  Graduated from American University with a BS in Urban Affairs and Administration of Justice in 1982 and the University of Maryland School of Law in 1985.  Employed by Fidelity and Deposit Company of Maryland, which became Zurich Insurance Company, from 1985-2010, initially as a Claims Attorney in the Salvage Division to Senior Vice President and Chief Underwriting Officer of Zurich Surety.  Joined Hanover Insurance Company as Chief Risk Officer in 2010.  Joined The Surety and Fidelity Association of American in 2013.  Also admitted in the United States District Court for the District of Maryland.  Joanne has co-authored several publications for the American Bar Association and has given numerous presentations for AGC, DBIA, IRMI and many other trade associations and panels.

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