Secrets of Bonding Blog
3 FOLLOWERS
Revealing the Ins and Outs of the Surety Industry with our blog articles and news. Steve Golia is a veteran Surety Producer and Underwriter. Over the course of the last 40 years, he has held a range of industry positions of responsibility including that of an underwriter, branch manager, and officer for Aetna C&S, CNA, Mountbatten Surety, and Amwest.
Secrets of Bonding Blog
5h ago
Another FIA Surety Success Story
“Everything’s always a rush!” That’s OK. We like when people are motivated. Here are highlights from a transaction last week. We hit a series of obstacles but came back each time with a solution.
Client is pursuing a $1.5 million contract, needs to confirm they can get the bond.
At the recent fiscal year end, the company is profitable but $0 Net Quick and $0 Net Worth As Allowed. We suggested refinancing the short term bank debt to improve the Net Quick As Allowed.
2. A review of the bank debt revealed a HUGE balloon payment looming ahead (during the t ..read more
Secrets of Bonding Blog
5h ago
Powerful!! Awesome! These are serious heavyweights.
Here are two more, a winning pair of FREE CE webinars, heavyweights that will boost your surety career. Last chance to register for these upcoming events:
May 1, 2024, Wednesday “Understanding Financial Statements”
June 3, 2024, Monday “Advanced Financial Statement Analysis”
These accredited CE courses are Zoom webinars you can attend from home or office. Our webinars are wildly popular, free and there are no exams. 3 credits each.
Don’t miss these heavyweights. You’ll learn a lot and have some fun too!
Click for more info.
First Indemnit ..read more
Secrets of Bonding Blog
3w ago
We all love these Superheroes!! Both are awesome and they go together great.
You can say the same for OUR Superheroes, a winning pair of FREE CE webinars that will boost your surety career:
May 1, 2024, Wednesday “Understanding Financial Statements”
June 3, 2024, Monday “Advanced Financial Statement Analysis”
These accredited CE courses are Zoom webinars you can attend from home or office. Our webinars are wildly popular, free and there are no exams. 3 credits each.
Don’t miss this dynamic duo. You’ll learn a lot and have some fun too!
Click for more info.
First Indemnity of America Insura ..read more
Secrets of Bonding Blog
1M ago
Most surety companies will not accept financial statements that are prepared on a Cash Basis, as it is not an accurate reflection of the company’s assets and liabilities (accounts receivable and accounts payable accounts).
Brought to you by your best carrier for Contract, Site and Subdivision Bonds:
FIA Surety / First Indemnity of America Insurance Company
2740 State Route 10 West, Suite 205
Morris Plains, NJ 07950-1258
Phone: 856-304-7348
FIA Surety: A Carrier Providing A Rated, T-listed bonds in all states ..read more
Secrets of Bonding Blog
1M ago
Known as the “Natural Disasters,” this tag team won a world championship in the ’90s.
OUR winning tag team is coming up soon, a winning pair that will boost your surety career:
May 1, 2024, Wednesday “Understanding Financial Statements”
June 3, 2024, Monday “Advanced Financial Statement Analysis”
These accredited CE courses are Zoom webinars you can attend from home or office. Our webinars are wildly popular, free and there are no exams. 3 credits each.
Don’t miss this heavy-weight combo. You’ll learn a lot and have some fun too! Click for info and to register.
First Indemnity of America In ..read more
Secrets of Bonding Blog
1M ago
Was your last CE class a bore, torture that you PAID FOR?!! Here are actual comments from the recent FIA Surety Free CE Zoom webinar.
love the class…will look forward to next months class
Great as always!! Loved it Steve. Thank you.
THANK YOU SO MUCH
Great Course! Delivery/explanation of topics were well explained and easy to follow.
Love the course as always Steve!
love your webinars, Steve
Steve, great job. See you in May & June
Thanks very much, I am scheduled for a another class soon. Looking forward to it
Love it! Always learn something new in your class!
Course ..read more
Secrets of Bonding Blog
1M ago
Get the book used by bonding companies and agencies to train their people. 479 pages, written by an author and grader for the AFSB designation. 5 star rating! Click.
Then, get the FREE book supplement: Over 150 Bonding Tips and Fixes!! Click.
Learn. Earn ..read more
Secrets of Bonding Blog
2M ago
Can you solve this client’s problem?
Actual Case
* Our client is a project owner. A builder is under contract to construct new offices, no P&P Bond.
* A subcontractor of the GC filed a lien on the project.
* GC has been unresponsive in resolving the dispute.
* The lien is preventing the construction lender from disbursing a large payment to the client.
* Client does not have additional funds to put up 110% collateral for a Release of Lien bond.
* This contract is facing termination. The client is depending on the agent and surety for assistance.
HOW WILL YOU SOLVE?
The FIA Surety Solutio ..read more
Secrets of Bonding Blog
2M ago
There’s no denying it: Agents LOVE our Free CE program:
Convenient
Informative
Fun!
Here are a few of the comments from our 3/1/24 Zoom webinar.
The course is very informative. I really enjoyed it. Thank you!
Steve, Always enjoy your classes. Hard to find good quality Surety CE classes. Thanks!
Your seminars are always great. Thank you.
Awesome stuff.
Next free 3-credit program is on 4/2/24: Advanced Surety Bonding Solutions.
Join us! No exam. You might actually ENJOY IT!
Click for more info.
FIA Surety / First Indemnity of America Insurance ..read more
Secrets of Bonding Blog
2M ago
How much is your Surety Education worth?
We know “knowledge is power,” earning power. Can you place a dollar value on it? Such education may be the key to your success, but it doesn’t have to cost hundreds of dollars. In fact, it can be FREE.
The FIA Surety School is an accredited CE provider offering a list of valuable, surety Zoom webinars. We make it easy to attend from your home or office computer, and there are no exams.
View our entire schedule of 3 credit courses and join us! The next session is on Friday, 3/1/24 “Surety Bonds 101” Click for more info ..read more