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Commercial Surety

NASBP is pleased to offer the following informative resource materials on commercial surety.

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Virtual Seminars on Commercial Surety Topics

NASBP 2022 VIRTUAL SEMINAR PACKAGE
​Registration for the 2022 Virtual Seminar Annual Subscriptions, is now open and available only to NASBP Members, Affiliates, and Associates. Still only $995–that’s nearly half off what you would pay if you bought each of the nearly two dozen Virtual Seminars individually. Again in 2022, NASBP is offering a Subordinate Subscription, available online to the enrolled member location(s) of an NASBP maximum dues-cap member and the branch location(s) of an affiliate member. In order for a Member or Affiliate to be eligible for the Subordinate Subscription, one enrolled member location must already have purchased the Virtual Seminar Annual Subscription at the $995 fee. Then when any (or each) enrolled member location goes to register, it will be charged only the $250 Subordinate Subscription fee (If you are not seeing the subordinate subscription rate, please contact Professional Development at prodev@nasbp.org and request a subordinate discount registration code).
Keeping Surety Weird: Exploring Opportunities in Commercial Surety
Everyone’s heard of replacing letters of credit with surety bonds, but what about securing letters of credit with bonds?! From sometimes seemingly esoteric surety risk to working with industries and stakeholders that have no idea what surety really is, or why they need it!
Commercial Surety Trends & Underwriting Considerations in 2022
During this NASBP Virtual Seminar, the AXA XL team will share insights on the U.S. economy, latest trends in key industries, and the implications and opportunities for the surety industry.
NASBP 2021 VIRTUAL SEMINAR PACKAGE
​Registration for the 2021 Virtual Seminar Annual Subscriptions, is now open and available only to NASBP Members, Affiliates, and Associates. Still only $995–that’s nearly half off what you would pay if you bought each of the nearly two dozen Virtual Seminars individually. Again in 2021, NASBP is offering a Subordinate Subscription, available online to the enrolled member location(s) of an NASBP maximum dues-cap member and the branch location(s) of an affiliate member. In order for a Member or Affiliate to be eligible for the Subordinate Subscription, one enrolled member location must already have purchased the Virtual Seminar Annual Subscription at the $995 fee. Then when any (or each) enrolled member location goes to register, it will be charged only the $250 Subordinate Subscription fee (If you are not seeing the subordinate subscription rate, please contact Professional Development at prodev@nasbp.org and request a subordinate discount registration code).
NASBP Spotlight Series – Conversations with Surety Industry Leaders – Part 3
The success of the surety industry depends upon experienced leadership, operational discipline, and effective relationship management. In 2021, NASBP will present The Spotlight Series, offered as part of our Virtual Seminar programming.
Cyber Risk & Response – Yesterday, Today and Tomorrow
With the recent Colonial Pipeline hack being front-page news over the past few weeks and causing gas shortages up and down the east coast Cyber Security is at the forefront of everyone’s minds.

Commercial Surety Resources

A collection of additional commercial surety resources.

  • Bond Execution Guide
    A basic manual to help administrative staff reach a general understanding of the basics of the surety bond form, including important terms and items to check.
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  • NASBP's "Commercial Surety Online Reference Guide"
    White paper created by NASBP that describes the many types of bonds and nuances of commercial surety.
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Commercial Surety Articles

Public Bonding Kit

A RESOURCE KIT TO PROMOTE THE BENEFITS OF BONDING TO PUBLIC ENTITIES

Under the aegis of the NASBP Commercial Bonding Committee, this tool kit was created to help surety professionals explain the function and necessity of bonding to local, or state employees, elected officials, and any other person responsible for spending taxpayer dollars on behalf of the public. It is our goal to assist clients and potential obligees in making wise decisions about bonding projects where taxpayer money is involved.

Check out the Public Bonding Kit