Diversity Initiatives

Increasing diversity and inclusion in the surety and fidelity industry

SFAA and its Board of Directors is committed to increasing diversity in the surety and fidelity industry. We have taken significant efforts to identify the obstacles to increasing minority participation in the industry, develop strategies which address these obstacles, and work with member companies to implement these strategies in their business practices.

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SFAA’s Diversity Initiatives Include:

SFAA Foundation

The SFAA Foundation is a charitable 501(c)(3) organization founded to increase diversity within the surety and fidelity industry. SFAA created this organization to fund and administer the Surety and Fidelity Intern and Scholarship Program, as well as develop and implement new educational and public service program initiatives.

The Diversity and Human Resources and Advisory Committee (DHRAC)

Created in May 2012, the Diversity and Human Resources Committee (DHRAC) serves to identify, discuss and establish solutions to diversity-related issues in the industry as well as increase the number of minority and women surety and fidelity professionals in the industry.

Contractor Bonding Education and Mentoring Program

The Contractor Bonding Education and Mentoring Program, formerly known as the Model Contractor Development Program, helps new and minority contractors learn how to become bonded and provides additional coaching through a mentoring program with SFAA and the National Association of Surety Bond Producers (NASBP).

2022 Scholarship Recipients Announced

On Oct. 19, 2022, SFAA announced the 15 students who have been selected as recipients of a $5,000 scholarship as part of the Surety and Fidelity Intern & Scholarship Program for 2022. Read the full press release.

2024 Internships

SFAA member companies are currently in the process of interviewing and hiring interns for the summer of 2024. If you are interested in applying, please contact Peter Roth at proth@surety.org.

Past Scholarship Recipients

Surety Protects

Learn how surety
bonds protect taxpayers,
save time,
reduce costs and
keep projects on track.

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U.S. Senate Unanimously Supports Surety Bonds and the Protections and Economic Value They Provide to Our Nation’s Critical Infrastructure Development

See Senators Capito, Carper and Van Hollen speak on the Senate floor about the importance of surety.

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The Surety & Fidelity Association of America Foundation Awards 15 Students With $5,000 Scholarship

SFAA Foundation announces 15 students selected as recipients of a $5,000 scholarship as part of the Surety and Fidelity Intern and Scholarship Program for 2022.

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News & Events

The Surety & Fidelity Association of America Foundation Awards 19 Students With $47,500 in Scholarships

October 18, 2023

The Surety & Fidelity Association of America Foundation (SFAA Foundation) announced today the 19 students selected as recipients of a $2,500 scholarship as part of the Surety and Fidelity Intern and Scholarship Program for 2023.

SFAA, NASBP and a Coalition of Partners Strongly Support Bill Providing Essential Protections on WIFIA Financed Projects

September 27, 2023

The Surety & Fidelity Association of America (SFAA), National Association of Surety Bond Producers (NASBP), and a coalition of industry partners commend Senator Mark Kelly (D-AZ) and Senator Kevin Cramer (R-ND) for the introduction of S.2928

SFAA Annual Meeting Highlights 2022 Accomplishments and Initiatives; Membership Elects Board

June 7, 2023

The Surety & Fidelity Association of America (SFAA), a nonprofit, nonpartisan trade association representing all segments of the surety and fidelity industry, held its annual meeting last week in Washington, D.C. with more than 185 members and guests attending.

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