San Francisco, CA - Woodruff Sawyer, one of the largest insurance brokerages in the US, announced today Mark Munekawa, Senior Vice President, Surety Manager has been elected the 2020-2021 President of National Association of Surety Bond Producers (NASBP). Founded in 1942, NASBP is the association of and resource for surety bond producers and allied professionals. NASBP members specialize in providing surety bonds for construction contracts and other purposes to companies and individuals needing the assurance offered by surety bonds.
Mark joined Woodruff Sawyer in 2001 and today he is Senior Vice President and Surety Manager with strategic and operational oversight of the company’s Surety services. Specializing in consultation and financial planning, Mark and his team focus on assisting clients in building and maintaining the best possible surety program. Prior to joining Woodruff Sawyer, Mark managed production offices in the San Francisco Bay Area for several major surety companies and served on the board of directors for NASBP. He has a degree in economics and an MBA from San Francisco State University.
“Mark’s MBA in business analysis and his 40 years of experience in the surety industry, which has included succeeding in surety during an economic down cycle, make him well-prepared to lead the Association in the months ahead,” according to Mark McCallum, NASBP Chief Executive Officer.
Munekawa adds, “The coronavirus pandemic will require changes within the surety industry, and we have to stay engaged with all our stakeholders and stay very visible.” His theme during his presidency will be “Must Be Present to Win.” “Though we may not be able to be physically present, the industry must continue to be actively involved with clients and industry stakeholders, and NASBP is key to helping us do that.”
As President, Munekawa also plans to ask for help from NASBP members who work on the commercial side with bonds for professional licenses and other types of financial obligations protecting consumers and the government’s interest. “NASBP members will need to be active and involved at all levels of government, federal, state, and local to get the message out how these bonds ensure that commerce is transacted in a transparent and fair way.”
Munekawa concludes, “These are going to be difficult times, but we need to stay focused on doing what’s smart and what’s right for our Association and our industry.”
About Woodruff Sawyer
As one of the largest independent insurance brokerage and consulting firms in the US, Woodruff Sawyer protects the people and assets of more than 4,000 companies. We provide expert counsel and fierce advocacy to protect clients against their most critical risks in property & casualty, management liability, cyber liability, employee benefits, and personal wealth management. An active partner of Assurex Global and International Benefits Network, we provide expertise and customized solutions where clients need it, with headquarters in San Francisco, offices throughout the US, and global reach on six continents. For more information, call 844.972.6326, or visit woodruffsawyer.com.
