Ask the Surety Pro

Ask the Surety Pro

Ask The Surety Pro – Tony DeMartino On Confidentiality in a Broker–Contractor Relationship

May 15 2025

When you work with a surety broker, you’re sharing a lot of sensitive information-your financials, project backlog, banking relationships, even your long-term strategy. That’s not information you hand out lightly. In today’s episode of Ask The Surety Pro (0:49), Tony DeMartino, our Surety Bond Producer, breaks down what confidentiality means in the broker-contractor relationship. Watch…
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Ask The Surety Pro – Rich Anderson On How Surety Companies View Overbillings & Profit Recognition

May 8 2025

Overbilling is like borrowing from your future work – smart contractors manage it carefully to gain strategic advantages without risking their companies. In today’s episode of Ask The Surety Pro (2:39), our Co-Founder, Rich Anderson, shares insights into how surety companies view overbillings and profit recognition. Check it out – this one’s packed with insights…
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Ask The Surety Pro – Tony DeMartino Opens Up About What Fuels His Passion For Serving Contractors

May 1 2025

In the world of surety bonds, experience and dedication make all the difference. That’s why we’re excited today’s episode of Ask The Surety Pro (0:42) featuring Tony DeMartino, our Surety Bond Producer, as he opens up about what fuels his passion for serving contractors and helping them succeed. Tony’s commitment goes beyond transactions – it’s…
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Ask The Surety Pro – Joe Catania Shares How Small Businesses Can Improve Their Financial Presentation & Expand Their Bonding Capacity

Apr 25 2025

Small business contractors can prove their financial strength to surety companies-even without the deep reserves of larger firms. In today’s episode of Ask The Surety Pro (1:09), Co-Founder & CEO Joe Catania shares key steps small businesses can take to improve their financial presentation and expand their bonding capacity.
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Ask The Surety Pro – Chris Ruck Shares How Personal Assets Can Impact Your Bonding Capacity

Apr 21 2025

Did you know a contractor’s personal assets can help increase bonding capacity? By serving as a backstop to company liabilities, personal assets reinforce financial strength in the eyes of a surety. In today’s episode of Ask The Surety Pro (0:53), our Vice President, Chris Ruck, shares how personal assets can positively impact a contractor’s ability…
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Ask The Surety Pro – Tony DeMartino On What Sets High-Performing Construction Companies Apart

Apr 9 2025

A successful construction company owner typically possesses a strong mix of business acumen, leadership skills, financial discipline, and industry expertise. In today’s episode of Ask The Surety Pro (1:07), Tony DeMartino, Surety Bond Producer, breaks down the key qualities that set high-performing construction company owners apart. Click to watch!
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Ask The Surety Pro – Rich Anderson Breaks Down How Sureties View Underbillings as a Red Flag

Apr 2 2025

A contract underbilling late in a project can mask cost overruns or unaccounted expenses. In today’s episode of Ask The Surety Pro (2:03), our Co-Founder, Rich Anderson, breaks down how sureties view underbillings as a potential red flag-especially as a project nears completion. Click to watch!
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Ask The Surety Pro – Joe Catania Shares the Costly Risk of Winning Bids Without Bonds

Mar 26 2025

Winning a bid at a lower price but failing to secure the required bonds can result in lost opportunities, damaged credibility, and sunk costs. In today’s Ask The Surety Pro (0:58), Co-Founder & CEO Joe Catania highlights the risks contractors face when they can’t provide performance and payment bonds after winning a bid.
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