NAWIC San Diego Members Broaden their Performance & Payment Bonds Knowledge

Author, Alyssa Burley, Media Communications & Client Services Manager, Rancho Mesa Insurance Services, Inc.

In a virtual meeting so many have become accustomed, the National Association of Women in Construction (NAWIC) San Diego Chapter 21 met on November 10, 2020 to inspire each other, celebrate new members, discuss upcoming events and learn about performance and payment bonds.

NAWIC’s Professional Development & Education Committee is tasked with providing monthly programming that is relevant and educational for its chapter’s membership.

Andy Roberts, Account Executive in the Surety Group with Rancho Mesa Insurance led the presentation that addressed an increasing requirement many contractors in California are now dealing with on their projects, surety bonds.

Performance and payment bonds are becoming more popular in today’s construction climate. Contractors who previously never or rarely needed bonds, are now discovering a need for a formal bond program.

In the “Surety 101: Performance & Payment Bonding Basics” class, Andy discussed the different types of contract surety bonds (i.e., bid bonds, performance bonds and payment bonds). He explained the distinction between surety bonds and traditional insurance, when a bond may be required and who may require it, the benefits of a bond, the qualification process and indemnity.

While there is so much more to learn about performance and payment bonds, the attendees of the class are sure to better understand why their companies are being required to obtain contract surety bonds for their projects.

To learn more about performance and payment bonds or to book a presentation with Andy Roberts, contact him at (619) 937-0166 or aroberts@ranchomesa.com.

Employee Spotlight: Rancho Mesa Welcomes Andy Roberts

Author, Alyssa Burley, Client Services Coordinator, Rancho Mesa Insurance Services, Inc.

Rancho Mesa Insurance Services is pleased to announce Andy Roberts has joined our team as an Account Executive in the Surety department.

Andy has worked in the commercial insurance industry for over eight years, focusing on the insurance needs of homeowners associations throughout California.

After desiring a more specialized role within the industry, Andy decided to join Rancho Mesa's Surety Department. 

Andy was born and raised in San Diego, and currently resides in the Clairemont area with his wife Kelsey and their two dogs. He enjoys staying active, playing softball, ice hockey, and spending time with his family and friends.  

Rancho Mesa Insurance Services sincerely welcomes Andy the RMI team!