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This put up is a part of a collection sponsored by Previous Republic Surety.
Many unbiased surety bond producers are approaching retirement age. On the identical time, authorities development contractors who depend on surety bonds are getting ready for a growth. That confluence of occasions makes this the proper time for the youthful technology of insurance coverage brokers to start constructing a brand new surety guide of enterprise.
President Joe Biden’s Infrastructure and Jobs Act that handed in 2021 has opened big alternatives to development contractors who’ve the capability to assist rebuild U.S. infrastructure.
As a result of authorities contractors can not work with out surety bonds, these development alternatives lengthen to surety producers at unbiased insurance coverage companies. Are you prepared for extra enterprise?
It’s time to market your company to the contractors who will want bonding for public development initiatives. Right here’s 5 tricks to get you began:
Simply as there are lots of insurance coverage brokers who will quickly retire, making a workforce scarcity within the business ― but additionally creating nice alternatives for these poised to fill their positions ― there are additionally many bond producers who will quickly retire, too. Now could be the time to grab the chance to turn out to be a surety professional. It received’t occur rapidly, however the payoff might be price each second you spend on surety training and advertising and marketing.
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Traci Catalano, SVP of selling, joined Previous Republic Surety Firm as a part of its continuous efforts to strengthen model presence and enhance market share. She is chargeable for all branding and advertising and marketing communication, together with web site and on-line presence, e-communications, commerce exhibits, contests, promotions, social media and particular occasions. As well as, Traci performs a key position in fostering a tradition of engagement to encourage the fervour behind the corporate’s nice worker model ambassadors.
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