Bonding a Public-Private Partnership Project in the United States

Recorded On: 09/13/2012

Newspaper headlines now include news about P3 (public-private partnerships) projects on a daily basis. Learn more about how a surety views its role in P3 projects. Presenters discuss the key issues that surety professionals need to know -- including the basics of P3, surety areas of focus, and the future outlook in the U.S. market.

David L. McVicker

Vice President, Surety, Zurich North America

David L. McVicker is a Vice President with Zurich Surety and a 30 year veteran with the company. He has participated in the underwriting and bond issuance on numerous P3 transactions. In 1980 he started with Zurich -- Fidelity & Deposit Company of Maryland -- in the Internal Audit Division and Comptrollers Department. He began his surety career with the underwriting team, holding various management positions in the Financial Guarantee and Contract Divisions. In 2006 Mr. McVicker became Senior Underwriting Officer in the Large Account Group and was promoted to Vice President, International Surety in early 2010 before becoming Vice President of Surety, responsible for contract underwriting for the Central Region of the U.S.  

Paul Ranalli

Senior Surety Account Executive & Practice Leader Zurich North America

Paul Ranalli is Senior Surety Account Executive/Practice Leader P3 with Zurich Surety. He is a 26 year veteran of the surety industry. He began his career with HMS Insurance Associates of Hunt Valley, MD in 1986.  He worked in the branch and home offices of USF&G/St. Paul in Baltimore and in the Columbus, Ohio branch offices of St. Paul/Travelers and Zurich NA.  Mr. Ranalli joined Zurich in 2004 and is presently transitioning from field office account responsibility to P3 Practice Leader for Zurich Surety. 

Courtney Turnage Walker

Assistant Vice President for Surety Product Underwriting, Zurich North America.

Courtney Turnage Walker is an Assistant Vice President for Surety Product Underwriting for Zurich North America. She has been in the surety industry for over 20 years where she has been employed as a surety claims attorney, as outside counsel with a surety and fidelity specialty law firm, and as a risk manager for surety underwriting. Ms. Walker helped develop a P3 bond form for Zurich and has been involved in the risk analysis of several P3 projects. She is a member of the Louisiana and North Carolina Bar Associations, the American Bar Association and is active in the Fidelity and Surety Law Committee within the ABA.

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Open to listen to MP3 audio NASBP Virtual Seminar: Bonding a Public-Private Partnership Project in the United States – September 2012
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