Surety Bond Quarterly - Fall 2015 - (Page 34)

GROW WITH CONFIDENCE Whether you're a small contractor focusing on your home market or a multinational company with operations around the world, surety bonds offer financial protection and help build trust in new partnerships. With surety bond coverage from ACE, you are protected by an 'AA' rated global insurer and a team of more than 200 dedicated surety experts in 12 countries. ACE's specialized underwriting for both commercial and contract bonds gives you the assurance you need to grow your operations, wherever your business takes you. © 2015 ACE Group. Coverages underwritten by one or more companies of ACE Group. Not all coverages available in all jurisdictions. ACE®, ACE logo®, and ACE insured.® are registered trademarks of ACE Limited. Contract, Commercial and International Surety Bond Products | acegroup.com/us/surety 755012_ACE.indd 1 7/24/15 3:35 AM WEB EXCLUSIVE FEATURES Be sure to check out these articles at www.suretybondquarterly.org This the first issue of Surety Bond Quarterly that includes bonus coverage of important risk management, technology matters, and much more through additional articles on the magazine's related website, www.suretybondquarterly.org. 1 I n an age of increasing incidences of computer hacking and identity theft, no business can take safeguarding sensitive client data and information against loss or misappropriation lightly. Dan Bonnet, director at Dell SecureWorks, addresses recently issued guidance to insurers and producers on effective cybersecurity for client information. 762485_Editorial.indd 1 34 2 M omentous work is being done by volunteers of NASBP, the Surety & Fidelity Association of America, and the Association for Cooperative Operations Research and Development, better known as ACORD in insurance circles, to develop standardized electronic versions of all surety forms, thereby expediting and making more efficient data collection and exchange efforts by producers. SURETY BOND QUARTERLY | FALL 2015 3 A ndrew Avalon, president of Long International, Inc. points out some primary owner practices that may result in construction claims. Bond producers and surety professionals would be prudent to understand such practices and their potential impact on projects. 4 S ee who met with their Members of Congress at the NASBP Legislative Fly-in held in June. Be sure to place the June 7-9, 2016, on your calendar to attend the Legislative Fly-in on June 7-8 and the Federal Construction Contracting Seminar June 9 next year! 2015-09-10 2:54 PM http://www.acegroup.com http://www.acegroup.com/us/surety http://www.suretybondquarterly.org http://www.suretybondquarterly.org http://www.suretybondquarterly.org/2015/09/22/nasbp-leadership-virtual-seminars-to-address-employee-development-and-leadership/ http://www.suretybondquarterly.org/2015/09/22/repetition-relief/ http://www.suretybondquarterly.org/2015/09/22/owner-practices-that-may-result-in-construction-claims/ http://www.suretybondquarterly.org/2015/09/22/nasbp-sets-date-for-2016-legislative-fly-in/

Table of Contents for the Digital Edition of Surety Bond Quarterly - Fall 2015

2015-2016 Executive Committee
NASBP Upcoming Meetings & Events
From the CEO - Resources: Forms, Opinions & Risk Management Practices
Practical Insights: What You Need to Know - Key Takeaways
Alternative Project Delivery, Alternative Risks
Contractors in a New Age of Product Delivery - Sharing Design Liability
DBIA Releases New Bond Forms for Design-Build Projects
AIA’s New Teaming Agreement: AIA Document C102TM–2015
ConsensusDocs Contracts Help Ensure Smooth Sailing
NASBP’s Seven Virtual Seminars on Leadership
Guidance in Addressing Ethical Dilemmas
Web-Exclusive Features
2015 NASBP Resource Directory
Index to Advertisers

Surety Bond Quarterly - Fall 2015