Skip to Content

Shane Brown discusses the value of surety brokers with NASBP

January 14, 2019 In The News 2 minute watch
Shane Brown
Surety brokers are very valuable to entrepreneurs in the construction industry. Shane Brown explains how he’s witnessed their significance to the industry.

Image of construction cranes, view from the ground looking up to the sky.Contract surety bonds, which are surety bonds written for a construction project, protect owners from financial liability in the event a project isn’t completed. There’s always risk for both owners and contractors when starting a new project, but using a surety broker helps minimize that risk. When all the major players in a construction project are on the same page from the beginning – the owner, the contractor, and the surety broker – projects are more likely to be successful.

Shane Brown recently shared his thoughts on the construction industry, risk, and the value of surety brokers with the National Association of Surety Bond Producers (NASBP). Shane mentions that “a contractor who is values-driven, is advisory-oriented, will always quickly identify their surety broker as a great talent and wealth of advice. When we’re fortunate enough to be there with them, it’s a powerful combination.” See more on NASBP's website.

Related Thinking

Two tax professionals standing on steps discussing cost segregation.
June 6, 2024

Real estate company saves $2.3 million in taxes using cost segregation

Case Study 2 min read
Aerial view of Washington D.C. at dusk.
June 6, 2024

4 ways to monetize Inflation Reduction Act tax credits

Article 7 min read
U.S. Capitol building during the day against a cloudy sky.
May 20, 2024

Expanded Inflation Reduction Act electric vehicle (EV) and charging station credits for businesses, tax-exempts, and governmental entities

Article 11 min read