Old Republic Surety Releases New Video Series: Surety Through the Eyes of an Underwriter

Old Republic Surety Company has recently launched a new video series entitled Surety: Through the Eyes of an Underwriter. This video series is aimed at covering aspects of surety, contract bonds and underwriting that will help agency bond producers and contractors better understand the complexities of contract bonds.

The first set of videos covers Red Flags for Contractors. The first video: Contractor Red Flags #1 – Financials; Existing Claims and Relationships highlights the difference between in-house financials and CPA provided financial statements; the importance of closing out any existing surety claims as quickly as possible, and the importance of a contractor having a close relationship with their independent agent. Contractor Red Flags #2 – Venturing Outside Your Norm covers the cautionary measures a contractor should consider when venturing outside their specialty, their normal territory or the size of their jobs. Contractor Red Flags #3 – Working Capital & Leverage goes into great detail on the importance of working capital for a contractor and gives suggestions on how contractors should handle capital investments and manage their growth.

All of the topics are aimed at increasing the knowledge and understanding of contract bond underwriting. Offering contractors and agency bond producers an insight into how a surety bond underwriter thinks can be a very valuable tool for both the agent and the contractor to grow their business. The videos are hosted on Old Republic Surety’s YouTube Channel and can also be found on their website.

The videos are released on the coattails of Old Republic Surety’s new website design that was launched in February, 2015. Old Republic Surety has several more videos being released throughout the remainder of the year, as well as a new video entitled Old Republic Surety – A Great Place to Work.

Old Republic Surety Company headquartered in Brookfield, Wisconsin, ranks among the nation's top underwriters of contractors' performance and payment bonds, miscellaneous surety, and commercial fidelity, offering more than 500 types of bonds. Approximately 3,800 independent insurance agencies market these financial indemnity products throughout the United States. Old Republic Surety Company is a subsidiary of Old Republic International Corporation, one of America’s 50 largest shareholder-owned insurance businesses, which is traded on the New York Stock Exchange (ORI). 

Traci Catalano

Traci Catalano, Sr. Vice President, Marketing, joined ORSC as part of the company’s continual efforts to strengthen brand presence and increase market share. As Vice President of Marketing, Traci is responsible for all branding and marketing communications efforts including website and online presence, e-communications, trade shows, contests, promotions, social media and special events. In addition, Traci plays a key role in fostering a culture of engagement to encourage the passion behind ORSC's great employee brand ambassadors.