Surety in the Age of Insolvency: Rethinking Our Role in Financial Distress

Nicolas Acosta is an Assistant Vice President and Account Executive with Rosenberg & Parker of Canada, specializing in contract and commercial surety. He has more than 14 years of experience across the carrier and brokerage sides of the industry in Canada and Latin America, including underwriting and placing complex surety programs for general contractors, heavy civil firms, project owners, and commercial clients.  At Rosenberg & Parker, Nicolas focuses on growing the firm’s Canadian surety business, advising clients on complex risk and capacity needs, and developing relationships across the Canadian surety market. His work and industry interests include contractor financial performance, insolvency risk, emerging applications of surety, and the evolving role of producers and sureties in managing financial distress.

Nicolas serves on the Surety Association of Canada’s Commercial Surety Committee and has presented on contractor insolvency and financial risk, including at the Ontario General Contractors Association Symposium. He holds a law degree from Universidad de La Sabana in Colombia and graduate credentials in Insurance & Risk Management and International Business, Trade and Tax Law. He is fluent in English and Spanish.

Nicolas lives in Toronto with his wife and, outside of work, enjoys golf, soccer, and BBQ.