NASBP Virtual Seminars provide need-to-know information from leaders in the surety industry approximately twice a month throughout the year. With NASBP Virtual Seminars, you will enjoy:
- Learning at your fingertips — education brought to you at your computer or mobile device or login as a group and share the information with colleagues and/or clients - all for one low price per location/ login.
- Interactive platform with Q&A features allowing you to connect with speakers and part of the conversation during the live webinar.
- Access to the on-demand recording for 1 year and much more.
Registration for individual Virtual Seminars- $89 for members or $179 for non-members*.
Upcoming Live Virtual Seminars
Virtual Seminar Recordings Library
Search This List
Search This List
NASBP 2020 VIRTUAL SEMINAR PACKAGEContains 209 Product(s) 1 new product(s) added recently
Registration for the 2020 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 2020, 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 firstname.lastname@example.org and request a subordinate discount registration code).
Using Master Subcontracts: Become More Efficient in Negotiating SubcontractsContains 3 Component(s) Recorded On: 01/16/2020
Learn how many prime contractors and subcontractors have become more efficient in creating a master standard agreement with general terms and conditions and then issue individual work orders for each project or subcontract work scope.
Economic Slowdown In 2020? What Is The Impact On Surety Underwriting?Contains 3 Component(s)
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. The presentation will initially focus on understanding some of the positive and negative U.S. macro-economic indicators, with a close look at international trade developments and credit markets. Then the focus will turn to various industries for an analysis of recent trends, including banking (with a special section on fintechs), power (with a special section on renewables), oil & gas, and mining. On each segment, the presenters will explore the takeaways for surety deals in each industry, including bond types, strategies, and developing products. Join us for this exciting Virtual Seminar to get a better understanding of the economic trends and their impacts on the surety industry.
Learn How to Read People like an FBI Hostage Negotiator and Corporate FixerContains 3 Component(s) Recorded On: 12/04/2019
Learn how to read people like an FBI hostage negotiator and crisis communications expert. With decades of combined experience, former FBI hostage negotiator Chip Massey and crisis communications expert and Wall Street Journal contributor Adele Cehrs will reveal how to spot a liar, body positioning and forensic listening techniques that will give you a competitive advantage.
Staying at the Helm: Supplementation and Other Contract Provisions Which May Shift ControlContains 3 Component(s) Recorded On: 11/20/2019
Supplementation provisions may appear in general contracts or in subcontracts, allowing the owner or GC to supplement forces or take over parts of the scope of work.
Bonding Awareness ToolkitContains 7 Component(s)
The National Association of Surety Bond Producers (NASBP) understands that an important part of developing and promoting the surety market is increasing the availability of surety bonds to small and emerging contractors. As such, in 2010, the NASBP Board established the Small & Emerging Business Committee (SEBC) to advocate and promote educational opportunities for small and emerging contractors, so they would be better equipped to qualify for surety credit. The Board envisioned that would be accomplished by collaborating with industry partners, with local, state, and federal agencies on existing bond education programs, or by conducting an NASBP bonding awareness program. Accordingly, NASBP staff – in consultation with members of the SBEC – has created the Bonding Awareness Toolkit, which provides the educational material and resources to conduct a half-day bonding awareness seminar. During this workshop, participants will learn how surety bonding relates to various aspects of their business operations and what approaches and techniques will help them qualify for surety bonding.
Managing Emerging Compliance and False Claims Act Risks for Bond Producers and SuretiesContains 3 Component(s) Recorded On: 11/05/2019
When a federal district court ruled in 2017 that bond producers and surety companies could be held liable under the False Claims Act (FCA) for issuing bonds to contractors that falsely claimed to be service-disabled veteran-owned small businesses, the surety industry stood up and took note. The Scollick case is still moving through the judicial system, and other FCA allegations against the surety industry by the federal government have surfaced. It appears that the Department of Justice may have the surety industry in its crosshairs. How can bond producers and sureties mitigate this increased risk of FCA allegations and lawsuits? In this “hot topic” Virtual Seminar, lawyers David Robbins and Jason Crawford from the Washington, DC, office of Crowell and Moring will walk through emerging compliance and False Claims Act risks threatening the surety industry. They will, also, provide common-sense tips and advice on mitigating these risks, including how to respond to procurement fraud investigations.
Blockchain: What Is It, And How Does It Impact You And The Surety IndustryContains 3 Component(s) Recorded On: 10/30/2019
What is blockchain? We hear the term more and more, but there are many myths and misconceptions about what blockchain means. During this thought-provoking session on blockchain technology, Patrick Schmid of The Institutes RiskStream Collaborative will begin with a short overview of the basic elements of blockchain technology and its usage in broader financial services. Then the majority of the session will be spent in a discussion with industry experts Jenni Waggoner of M.J. Schuetz Insurance Services and Greg Davenport of Liberty Mutual on use cases for blockchain in the surety bond industry. Through the course of this session we will break down blockchain in order to easily understand what it is and how it can affect you, your work, and the surety industry as a whole.
Eliminate Manual Data Entry! Using Machine-Readable WIP Data for Better Reporting & AnalysisContains 3 Component(s) Recorded On: 10/09/2019
Data standards are used to help transmit unambiguous, transparent, timely financial information around the world, and most importantly, to eliminate manual data entry. Standards help convert data, buried in PDF files or spreadsheets, into machine-readable facts that can be automatically extracted into the financial management system of a data user (which could be the surety, a bank, or even a bond agent).
Killer Construction Contract Clauses 2nd Edition: Bond Producers Beware!Contains 3 Component(s) Recorded On: 09/25/2019
In this follow-up to the first NASBP Virtual Seminar on Killer Construction Contract Clauses hosted in the fall of 2018, you will hear presenters Marilyn Klinger and Ali Salamirad share their stories and experience as they examine a variety of onerous construction contract clauses, both in prime contracts, subcontracts, and performance bonds. The presenters will explain why these clauses are problematic from a variety of perspectives and identify alternatives that can help solve the issues these clauses attempt to address. Attendees will also have the opportunity to submit their own questions and have them answered before and during the Virtual Seminar and have them answered during the live virtual seminar.
An Introduction to a Myriad of International Surety MarketsContains 3 Component(s) Recorded On: 09/10/2019
As the world becomes more and more interconnected, the surety industry is becoming more and more global. Companies doing business around the world are finding surety requirements and the surety markets vary greatly from country to county. In addition, there is a growing trend of foreign contractors of all sizes coming to the U.S. to take advantage of the open and growing construction marketplace. This presentation will highlight differences between the U.S. and global surety markets and provide an overview of surety requirements around the world including in Germany and the European Union, Brazil and other Latin American countries and Dubai and countries of the Gulf Cooperation Council and more! International surety continues to be a significant opportunity for the surety industry and smart surety professionals need to understand these various markets. This session will provide a brief introduction to how surety operates around the world.
How I Hacked a Construction CompanyContains 3 Component(s) Recorded On: 07/23/2019
During this presentation, David Anderson an information security consultant who simulates black hat hackers in order to assess the security posture of organizations. Anderson will outline a recent assessment where he hacked into a construction company and gained full access to all information. He will also review some of the key controls that could be implemented to help prevent or detect this kind of attack.
Don’t Be Caught Off Guard: The Impact of the Trade War on Import Bond SufficiencyContains 3 Component(s) Recorded On: 07/16/2019
In the current trade environment, with the trade war that has been affecting more and more goods, surety companies writing customs import bonds are seeing more bond increases than ever before. This topic is more important than ever for surety bond producers and sureties to take a look at, as in last 12 months, U.S. Customs & Border Protection (CBP) has issued over 10,000 import bond insufficiency letters, five times the average number of annual increases for the past 10 years. Presenter Colleen Clarke of Roanoke Insurance Group Inc. will provide insight on how to properly determine bond amounts and how to assist your importer clients in projecting the proper bond amount going forward.
In the Weeds: ESOPs for Construction CompaniesContains 3 Component(s) Recorded On: 07/10/2019
ESOPs can be an effective tool for exit planning, succession, and culture, if implemented properly and with the right company; and the current accounting for ESOP transactions is not necessarily intuitive. Both of these make ESOPS an important issue for all surety professionals. In this seminar we will explore the ESOPs effects on a company’s financial statements, resources and commitments, and discuss the following: what to ask and look out for when a company is considering an ESOP; good (and poor) candidates for ESOPs; benefits and challenges of an ESOP corporate structure; other commitments and changes that often accompany ESOP implementation; funding ESOP transaction debt, contributions and/or repurchasing obligations. The seminar will also include discussion of why construction companies with ESOPs can be attractive to bond producers and sureties.
Special Circumstances in Surety Bonding: Death, Disability, Divorce, Departure, and MoreContains 3 Component(s) Recorded On: 06/25/2019
For more than a decade, presenter Michael Zisa has represented sureties and contractors in all aspects of their businesses. In this time, he has encountered a number of unique bonding issues and circumstances – some are legal and some are practical, but all are important for bond producers and underwriters to be aware of and understand. Life events and family and business issues often intrude on and complicate the contract bonding process. During this 60-minute NASBP Virtual Seminar, Mr. Zisa will discuss and provide insight from his experiences regarding the following: termination of indemnity obligations, friends and family indemnitors, death of the principal’s owner, death of an indemnitor, legal actions against a principal, joint ventures and the false claims act.
How the New Lease Accounting Guidance Will Affect Contractor’s Financial StatementsContains 3 Component(s) Recorded On: 06/04/2019
After working on this this project for 8 years, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016-02 in February 2016 in response to criticism of the existing guidance for not providing financial statement users enough information about an entity’s leasing activities. The most significant change resulting from the ASU is that lessees will be required to put nearly all leases on the balance sheet by recognizing a right-of-use asset and a lease liability. The initial panic response that followed issuance of the ASU over 3 years ago has subsided, and most folks have since forgotten about the new standard entirely. Implementation is finally upon us though. Public business entities are required to adopt the lease standard for annual reporting periods beginning after December 15, 2018, with all other entities adopting the following year. This seminar will provide a high-level overview of how financial statements will be affected by the new guidance, including the effect on various performance metrics.
P3s: Strategies for Risk Evaluation and Mitigation for Subcontractors and Their Bond Producers and SuretiesContains 3 Component(s) Recorded On: 05/21/2019
Public Private Partnership projects are becoming more common in the USA, particularly for large and mega projects. P3s present subcontractors with new opportunities; and they also present significant new risks. This presentation will explore P3 projects from the perspective of the construction subcontractor and the subcontractor's bond producer and surety. The presentation will address some of the unique aspects of P3s as well as strategies to effectively identify and mitigate risk, such as the risk of inadequate payment protection.
Evolving Issues for Employers: Recent Developments in Cannabis Law and Form I-9 Immigration ComplianceContains 3 Component(s) Recorded On: 05/14/2019
During this seminar, we will examine two evolving issues of which surety professionals and their construction and other clients, as employers, should be aware. Aaron Schlesinger, a partner in Peckar & Abramson’s Labor Relations and Employment Law Department, will discuss the constantly evolving employment law issues surrounding cannabis use for medical and recreational purposes. He will outline the interplay between federal and state laws regarding marijuana and explain how employers can both keep the workplace free of drug use and also avoid litigation over allegedly discriminatory behavior toward cannabis users. Michael Schewe, a member of Peckar & Abramson’s Labor & Employment Law Group, will discuss the substantial uptick in worksite investigations by Immigration and Customs Enforcement (ICE), and the steps that employers can take to protect themselves from liability for Form I-9 processing and record keeping violations. Michael will include an overview of the Homeland Security Investigations (HSI) audit process, so employers can know what to expect when the government comes calling.
Surety in Oil & Gas – Managing Risk in a Changing WorldContains 3 Component(s) Recorded On: 04/24/2019
The oil and gas marketplace continues to evolve with a host of variables driving its transformation. During this Virtual Seminar, you will gain a better understanding of the various surety solutions that can be utilized by companies operating in this space. A flyover of the oil and gas commodity markets will serve as a backdrop to a closer look at each of the industry sectors and prominent areas of oil and gas activity in and around the United States. Additionally, details will be provided on the most common types of bonds for this industry as well as regulatory forces in play that could impact current and/or future bond requirements giving you the information you need to better anticipate and respond to your oil and gas customer’s needs.
Mechanics’ Lien Discharge Bonds - The Substitutes of the Surety WorldContains 3 Component(s) Recorded On: 04/09/2019
Mechanics’ lien discharge bonds are the substitutes of the surety world. They substitute for a previously filed mechanics’ lien, providing relief to owners and contractors alike from the onerous procedures, rules, and remedies that such liens carry with them. They may also provide added time to negotiate a settlement by substituting their own statutes of limitations. While mechanics’ lien discharge bonds are not without their risks, they offer a satisfying alternative in that owners and other stakeholders can insulate their property interests from foreclosure, while contractors have a simpler alternative to recovery than foreclosure. During this virtual seminar, we will take a look a mechanics’ liens and mechanics’ lien discharge bonds. Our speaker Mike Pipkin a partner at the Dallas office of the law firm of Weinstein Radcliff Pipkin LLP, will review real-world examples and examine the risks, rewards, and alternatives to mechanics’ lien discharge bonds.
Virtual Seminar Sponsor