Expedited Dispute Resolution Bond for P3 Projects
Recorded On: 06/09/2015
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Register
- Non-member - $179
- Member - $89
The P3 bond form that was issued on the Pennsylvania Rapid Bridges Project and an Indianapolis courthouse project and the details into the development and mechanics of this new P3 bond that received S&P approval and credit rating is discussed. Explanation and instructions regarding the JAMS dispute resolution that is an integral part of the Expedited Dispute Resolution P3 bond is also reviewed.
Jacob Fulmer
Regional Underwriting Officer, Travelers Bond & Specialty Insurance Construction Services, National Accounts
Jacob is the Regional Underwriting Officer for National Accounts and International. He began his career in 2001 at Travelers in Orlando, FL as an Account Executive. In 2009, he moved to Hartford to join the National Account Unit and began working on the International business in 2014. He graduated from the University of Central Florida with a BS in Finance and earned his MBA from the Fuqua School of Business at Duke University.
Stan Halliday
Chief Underwriting Officer, Travelers Bond & Specialty Insurance
Stan is currently the Chief Underwriting Officer for Travelers Bond & Specialty Insurance, Construction Services, National Accounts in Hartford, Connecticut. Stan graduated Summa Cum Laude from Old Dominion University, Norfolk, Virginia, in 1987. In 1987, he began his Bond career with Aetna Casualty & Surety in Jacksonville, Florida where he spent one year in the training program. In 1988, he was transferred to Cleveland, Ohio where he served in various capacities with increased responsibility within Aetna’s Bond Department. In 1996, Aetna’s Property & Casualty operations were merged with Travelers Property Casualty Corp. Shortly thereafter, Stan was transferred to Omaha, Nebraska as an Underwriting Director for Construction Services for the Minneapolis Hub. In 2003, Stan transferred to the Home Office in Hartford, CT to work in the Construction Services National Account Unit as and Underwriting Director and Regional Underwriting Officer. In 2012, he was promoted to his current role in Construction Services. Stan has significant experience underwriting large complex contractors and projects, including underwriting most of the major infrastructure and building projects in North America over the last ten years.
Mary Alice McNamara, Esq
2VP & Counsel, National Accounts unit of Travelers Bond & Specialty Insurance
Mary Alice is 2VP & Counsel for the National Accounts unit of Travelers Bond & Specialty Insurance. Mary Alice began her surety career in private practice in Baltimore in 1990, specializing in surety and maritime law before moving to Travelers in 1997 where she was a Surety Claim Attorney and later a Senior Corporate Counsel providing legal services and advice to the surety group. In 2004, she began working with the National Accounts unit of Travelers Bond and was promoted to 2VP & Counsel for the National Account unit in April 2010. Mary Alice received her Bachelor of Arts degree from the University of Delaware and her law degree, cum laude, from the University of Maryland School of Law. She is admitted to the bars of the federal and state courts of Maryland and the District of Columbia, and is a frequent presenter on topics related to the construction and surety industries. Mary Alice is a Vice Chair of the ABA/TIPS Fidelity & Surety Law Committee, a Co-Chair of the Underwriting and Risk Management Subcommittee of the ABA/TIPS Fidelity & Surety Law Committee, and Co-Editor of The Surety Underwriter’s Desk Book.