Surety Bond Quarterly - Summer 2014 - 8

From the CEO

We have a great story,
so let's tell it!
When I first arrived at NASBP, one of the leaders I had the pleasure of working with
closely was then First Vice President Steve Cory, a principal with the firm of Cory, Tucker
& Larrowe, Inc., located in Metairie, Louisiana, who quickly impressed upon me that,
although surety bonding was not well understood outside of the immediate surety community, the merits of surety bonding-prequalification and guarantees of performance-
and the role played by bond producers in supporting the business success of clients
more than deserved the largest audience possible. Upon becoming NASBP President,
Steve underscored his professional belief through his presidential theme of "We have
a great story; we just have to tell it!" The ability to tell a great story came naturally to
Steve, being a native of southern Louisiana, where storytelling is as much a part of the
cultural landscape as Mardi Gras parades, red beans and rice and hurricanes (both the
drink and the weather varieties).
A great story, Steve knew, can reach the level of high art (or, at least, high entertainment) and will stay in the minds of listeners, changing their perceptions of the subject.
Steve also knew that not all people receive information the same way, necessitating
different communication approaches. Discerning who will listen and how they want
to hear the story is critical to getting your story out and understood. Such imparted
wisdom fueled thoughts on the different ways that NASBP could reach its community
and beyond, ultimately resulting in the development of NASBP SmartBrief and NASBP
social media channels on LinkedIn, Facebook and Twitter. Such vehicles augmented the
NASBP e-newsletter, Pipeline and the NASBP website.
But something was missing; something important to telling our story. There certainly
are various trade magazines that focus on insurance and the insurance community, but
no trade publications are devoted exclusively to matters of significant interest to the
surety community. Immediate Past President Larry McMahon and President Tom Padilla
encouraged me to explore the possibility of establishing a magazine of the highest caliber
to be devoted to surety bonding. Through a partnership with Naylor, LLC, a premiere
publisher of trade association magazines for construction and other industries, that
magazine has become reality.
Now, I am pleased to present you with the inaugural issue of Surety Bond Quarterly,
the quarterly magazine of the National Association of Surety Bond Producers, available
in both print and digital formats. Surety Bond Quarterly provides a unique vehicle for
surety professionals to tell their stories and for all those interested in surety bonding to
receive information nowhere else available. Each issue of Surety Bond Quarterly will focus
on the companies, people, issues, actions and events that make the world of suretyship
unique and dynamic. Subscriptions are free, so please let clients, consultants, public
officials and project owners know that they can receive issues of Surety Bond Quarterly.
They can sign-up at www.suretybondquarterly.org. After all, we have a great story to
tell, so let's tell it! Steve, Larry and Tom would agree.
●
Warm wishes,
Mark H. McCallum
NASBP CEO

8

SURETY BOND QUARTERLY | SUMMER 2014


http://www.suretybondquarterly.org

Surety Bond Quarterly - Summer 2014

Table of Contents for the Digital Edition of Surety Bond Quarterly - Summer 2014

NASBP Upcoming Meetings and Workshops
2014-2015 NASBP Executive Committee
From the CEO: We have a great story so let's tell it!
Practical Insights: What You Need to Know - Cost charging in government contracts can result in common, but avoidable pitfalls
Strength in numbers: Harness the power of networking
Profile: President Thomas M. Padilla
Proving your worth: Surety bond producers provide value to clients and beneficiaries
NASBP Fall Workshops
Contract surety claims: The promise - Pact or fiction
Commercial surety claims: A case study on the bond producer's role in assisting a client to avoid loss and maintain surety credit through bankruptcy
Develop the techniques necessary to be an effective policy advocate
NASBP Annual Meeting focuses on the importance of mentoring and critical industry information
Index to Advertisers
Surety Bond Quarterly - Summer 2014 - cover1
Surety Bond Quarterly - Summer 2014 - cover2
Surety Bond Quarterly - Summer 2014 - 3
Surety Bond Quarterly - Summer 2014 - 4
Surety Bond Quarterly - Summer 2014 - 5
Surety Bond Quarterly - Summer 2014 - 6
Surety Bond Quarterly - Summer 2014 - 2014-2015 NASBP Executive Committee
Surety Bond Quarterly - Summer 2014 - From the CEO: We have a great story so let's tell it!
Surety Bond Quarterly - Summer 2014 - 9
Surety Bond Quarterly - Summer 2014 - Practical Insights: What You Need to Know - Cost charging in government contracts can result in common, but avoidable pitfalls
Surety Bond Quarterly - Summer 2014 - 11
Surety Bond Quarterly - Summer 2014 - Strength in numbers: Harness the power of networking
Surety Bond Quarterly - Summer 2014 - 13
Surety Bond Quarterly - Summer 2014 - 14
Surety Bond Quarterly - Summer 2014 - 15
Surety Bond Quarterly - Summer 2014 - Profile: President Thomas M. Padilla
Surety Bond Quarterly - Summer 2014 - 17
Surety Bond Quarterly - Summer 2014 - 18
Surety Bond Quarterly - Summer 2014 - 19
Surety Bond Quarterly - Summer 2014 - Proving your worth: Surety bond producers provide value to clients and beneficiaries
Surety Bond Quarterly - Summer 2014 - 21
Surety Bond Quarterly - Summer 2014 - 22
Surety Bond Quarterly - Summer 2014 - 23
Surety Bond Quarterly - Summer 2014 - NASBP Fall Workshops
Surety Bond Quarterly - Summer 2014 - 25
Surety Bond Quarterly - Summer 2014 - Contract surety claims: The promise - Pact or fiction
Surety Bond Quarterly - Summer 2014 - 27
Surety Bond Quarterly - Summer 2014 - 28
Surety Bond Quarterly - Summer 2014 - Commercial surety claims: A case study on the bond producer's role in assisting a client to avoid loss and maintain surety credit through bankruptcy
Surety Bond Quarterly - Summer 2014 - 30
Surety Bond Quarterly - Summer 2014 - 31
Surety Bond Quarterly - Summer 2014 - Develop the techniques necessary to be an effective policy advocate
Surety Bond Quarterly - Summer 2014 - 33
Surety Bond Quarterly - Summer 2014 - NASBP Annual Meeting focuses on the importance of mentoring and critical industry information
Surety Bond Quarterly - Summer 2014 - 35
Surety Bond Quarterly - Summer 2014 - 36
Surety Bond Quarterly - Summer 2014 - 37
Surety Bond Quarterly - Summer 2014 - Index to Advertisers
Surety Bond Quarterly - Summer 2014 - cover3
Surety Bond Quarterly - Summer 2014 - cover4
https://www.nxtbook.com/naylor/SBPQ/SBPQ0118
https://www.nxtbook.com/naylor/SBPQ/SBPQ0417
https://www.nxtbook.com/naylor/SBPQ/SBPQ0317
https://www.nxtbook.com/naylor/SBPQ/SBPQ0217
https://www.nxtbook.com/naylor/SBPQ/SBPQ0117
https://www.nxtbook.com/naylor/SBPQ/SBPQ0416
https://www.nxtbook.com/naylor/SBPQ/SBPQ0316
https://www.nxtbook.com/naylor/SBPQ/SBPQ0216
https://www.nxtbook.com/naylor/SBPQ/SBPQ0116
https://www.nxtbook.com/naylor/SBPQ/SBPQ0415
https://www.nxtbook.com/naylor/SBPQ/SBPQ0315
https://www.nxtbook.com/naylor/SBPQ/SBPQ0215
https://www.nxtbook.com/naylor/SBPQ/SBPQ0115
https://www.nxtbook.com/naylor/SBPQ/SBPQ0414
https://www.nxtbook.com/naylor/SBPQ/SBPQ0314
https://www.nxtbook.com/naylor/SBPQ/SBPQ0214
https://www.nxtbookmedia.com