News | May 8, 2008

Great American Insurance Group Executive Recognized By SIO For Surety Excellence

Cincinna, TI - Gary Dunbar, Divisional President of Great American Insurance Company's Bond Division, has been awarded the 2007 Platinum Award for "Excellence in Surety Bond Promotion" by the Surety Information Office (SIO).

SIO's Platinum award is given to members of the National Association of Surety Bond Producers (NASBP) and The Surety & Fidelity Association of America (SFAA) to recognize the success of an individual's overall actions in promoting the value and benefits of contract surety bonds throughout the year. Mr. Dunbar was one of seven surety professionals who received the 2007 Platinum Award for Excellence in Surety Bond Promotion. SIO presented the awards April 16, 2008, at the NASBP annual meeting in Miami, FL, and will announce the winners again at SFAA's 100th anniversary annual meeting May 6-9, 2008, in Washington, DC.

An influential leader in the surety industry, Mr. Dunbar has been an advocate for surety bonding for emerging contractors by encouraging surety companies to help these contractors obtain their first bonds and become the successful and established construction companies of the future. As SFAA Chair (2005-2007), Mr. Dunbar made bonding for emerging contractors his leading cause. He continued his efforts on the topic in 2007 in an article, "Surety Bonding—Expand Your Ability to Acquire Work," published in July 2007 in Construction Business Owner magazine.

Mr. Dunbar has further demonstrated his commitment to the surety industry through his presentations to students, accountants, bankers, and other construction audiences. In addition to 2007 presentations to construction management and construction finance students at the University of Cincinnati, Mr. Dunbar been a featured speaker at the AICPA Construction Executive Forum and for the Risk Management Association. He was also a cited source in "Red Flags & Warning Signs of Contractor Failure," an article published in March 2008 in RMA Journal.

SOURCE: Great American Insurance Group