Surety and fidelity bonding provides critical financial protections
Surety and fidelity bonds are an essential risk management tool and public policy function. While the types of bonds are different, the overarching purpose remains the same – to provide financial protection to businesses, families, and consumers by guaranteeing contractual obligations are met through the securement of a bond.
With these protections in place, businesses are able to grow and flourish, critical infrastructure developments are successfully carried through to completion, and companies are protected from wrongful acts of their employees – all of which positively support the economy.
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Surety Industry Advances Critical Federal Policy
SFAA and NASBO hosted their most successful Federal Legislative Fly-in to date, bringing a record number of surety professionals from across the country to Capitol Hill to engage lawmakers on the value of surety bonding.
The Surety & Fidelity Association of America Foundation Awards Record $90,000 in Scholarships
The SFAA Foundation a 501(c)(3) organization dedicated to expanding the pipeline of qualified applicants within the surety and fidelity industry, has awarded a record $90,000 in scholarships to thirty-one students through its Surety and Fidelity Intern and Scholarship Program.
News & Events
The Surety & Fidelity Association of America (SFAA), a nonprofit, nonpartisan trade association representing all segments of the surety and fidelity industry, held its 118th Annual Meeting this past week, an event focused on advancing the industry’s future.
SFAA and NASBP led a Legislative Fly-In with members from across the industry to educate Congress on the value of construction surety bonds and advocate for key legislative priorities. Surety professionals held over 135 meetings with policymakers and staff to emphasize the significant savings that surety bonding provides to taxpayers across the country.
The Surety & Fidelity Association of America Foundation (SFAA Foundation) has awarded a record $90,000 in scholarships to thirty-one students through its Surety and Fidelity Intern and Scholarship Program.