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News From the SBA: Successes, Initiatives, and Future Plans Joshua Etemadi , Construction Bonds Inc., a division of Murray Securus Frank Lalumiere , U.S. Small Business Administration Surety Bond Guarantee Program Michael Williams , CCI Surety. BIOGRAPHIES.
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Successes, Initiatives, and Future Plans
Joshua Etemadi, Construction Bonds Inc., a division of Murray Securus
Frank Lalumiere, U.S. Small Business Administration Surety Bond Guarantee Program
Michael Williams, CCI Surety
Joshua A. Etemadi joined Construction Bonds Inc., a division of Murray Securusin 2007 where he focuses on helping small contractors significantly increase their bonding capacity. He has been very successful in moving contractors from non-standard market/SBA supported bonds to standard market surety credit in short periods of time. Mr. Etemadi serves on a number of NASBP committees including the Automation and Technology Committee, Government Relations, State Government Affairs, 5-15, and he is vice-chair of the Small Business Committee He is a member of the DC Metropolitan Subcontractors Association and serves on the Leadership, Education, Advocacy and Development (LEAD) committee. Joshua Etemadi can be reached at email@example.com
Michael Williams is president of CCI Surety, Inc. (CCI). CCI is a Managing General Underwriting Company with significant levels of underwriting authority for several corporate surety companies. CCI has the ability to underwrite nationwide and it utilizes many different tools to approve hard-to-place, non-standard, challenged contractor accounts. These tools consist of the US SBA Surety Bond Guarantee Program, Collateral, Funds Control, Bond Backs, and Third Party Indemnity. He is also president of North American Construction Services, Inc. (NACS). NACS is a nationwide Surety and non-surety Funds Control/Escrow Company. NACS has handled over 3000 construction projects since its inception on over $3 billion dollars in contract price. NACS works with many of the top fifty Surety companies in the US, Captive companies and Financial Institutions. Michael Williams can be reached at MWilliams@NacsEscrow.com
Frank J. Lalumiere is director of the U.S. Small Business Administration Surety Bond Guarantee Program. He began his Government career in 1978 at the Defense Contract Management Command, Defense Logistics Agency. Prior to assuming his present position at Headquarters SBA in September 2005, he served in a number of operational and staff positions, including Deputy Associate Administrator for Government Contracting & Business Development with SBA, and Chairperson of the Defense Acquisition Regulatory Council Subcommittee on Contract Administration, and Executive Director for Major Program Support at the Defense Contract Management Agency. Frank Lalumiere can be reached at Frank.Lalumiere@sba.gov
Frank J. Lalumiere
7 December 2012
Most productive year since 1998…
FCCI Insurance Company, Sarasota, FL
Indemnity Company of California, Irwine, CA
Developers Surety and Indemnity Company, Irwine, CA
Philadelphia Indemnity Insurance Company, BalaCynwyd, CA
Westchester Fire Insurance Company, Philadelphia, PA
Prior Approval: Aegis Security Insurance Company
American Contractors Indemnity Company
American Safety Casualty Insurance Company
Bankers Insurance Company
Berkley Regional Insurance Company
Contractors Bonding & Insurance Company
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Great American Insurance Company of New York
Indemnity Company of California
Philadelphia Indemnity Insurance Company
The Guarantee Company of North America USA
Prior Approval: The Hartford Fire Insurance Company
West Bend Mutual Insurance Company
Preferred: CNA: Western Surety Company
Great American Insurance Company
SureTec Insurance Company
Travelers Casualty and Surety Company of America
U. S. Specialty Insurance Company
409 3rd Street S.W.