NASBP is the Association solely dedicated to the needs of surety bond producers, their interests, and their businesses
Consider Obtaining the AFSB Designation Enhance your knowledge with The Institutes’ AFSB® designation and distinguish yourself as a surety professional by earning the Associate in Fidelity and Surety Bonding (AFSB) designation .
Surety bonds serve as powerful backstops when things go wrong during construction. While they place financial obligations on a surety to complete a project if the unexpected happens, they also place obligations on the potential beneficiary of the bond, such as a general contractor furnished with subcontract bonds
NASBP Policy Statement
What are Surety Bonds? Who are Surety Bond Producers?
David Pesce, Senior Vice President of Surety at Hartford Bond, is a 33-year veteran surety underwriter who has advice for bond producers and underwriters who want to advance their career in contract surety: obtain the Certified Construction Industry Financial Professional (CCIFP®) certification
Surety bonds on construction contracts provide critical prequalification of a bonded contractor and financial protection for the owner and certain subcontractors and suppliers. Architects who are knowledgeable about bonds are well positioned to advise owners about these premier project risk management tools