Thank you to the NASBP membership for a productive and fruitful 2024. As the year comes to a close, NASBP wants to share these special publications with everyone. The 2024 NASBP Highlights: The Year in Review is a celebration of the many accomplishments of NASBP members and staff, and the 2024 Fall and Winter NASBP Surety Bond Quarterly Special Supplements offer insights from surety industry service providers and a look ahead from surety executives.
The 2024 NASBP Highlights: The Year in Review is here!
Highlights celebrates the accomplishments of the NASBP membership and staff using 2024-2025 NASBP President Zach Mendelson's theme of "Backing Our Future" to tell the story of 2024. The different sections of Highlights are the building blocks of a solid foundation for an enduring future for surety bonding: Educating, Advocating, Connecting, Investing, and Partnering.
The "Make Surety A Career" Program made great strides in 2024, as NASBP partnered with Professor Kurt Krogell of the University of Kansas School of Business to create a draft PowerPoint and curriculum on surety to be included in current insurance classes. NASBP is also developing a 3-5 hour online course that would culminate with internship opportunities for undergraduate business students.
NASBP celebrated the National Telecommunications & Information Administration's acceptance of surety bonds as an alternative form of security to letters of credit for the BEAD Program. NASBP, jointly with SFAA, developed the BEAD Program Surety Bond Information Kit, which includes performance bonds and model contract language to meet the BEAD program's security requirements.
The NASBP membership attended many in-person events that strengthened their network and the Association. The 2024 NASBP Annual Meeting & Expo and the NASBP Fall East and West Meetings were well attended and offered timely, engaging presentations. NASBP held its Sales Workshop in New Orleans ahead of the NASBP Fall East Meeting. The William J. Angell Surety School held a sold-out winter session and the summer session featured four different courses!
NASBP implemented a new strategic plan, NASBP Vision 2028; celebrated 10 years of NASBP Surety Bond Quarterly magazine; launched a revamped career center with NASBP SuretyJobs; and so much more. Congratulations to the NASBP membership for your accomplishments and hard work!
Enjoy reading 2024 NASBP Highlights: The Year in Review now! If you haven't seen it, be sure to view our e-card extending you our special season's greetings.
NASBP Surety Bond Quarterly Special Supplements Offer Expertise and Insights for the Surety Industry
The fall 2024 NASBP Surety Bond Quarterly Special Supplement, "The Critical Expertise of Surety Industry Service Providers," offers the perspectives of CPAs, funds control companies, technology providers, attorneys, and more. They discuss future challenges and opportunities for the surety industry and how their companies offer assistance to bond producers and sureties as well as their clients.
The winter 2024 NASBP Surety Bond Quarterly Special Supplement, "What Is Top of Mind for Surety Executives Going into 2025?" features NASBP surety executives discussing current trends in the surety industry and what they are expecting for the future. They highlight the importance of recruiting and retaining talent and surety as a career choice for college graduates and young professionals. The executives also discuss increasing bond capacity, claims activity, lessons learned in 2024, and much more!