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Surety Alliance 2018 Italy Summit

Updated: Jun 8, 2018

Discussing Geopolitical Impact on the Surety World


The Surety Alliance held its 6th annual partner meeting hosted by Steven Raffuel, Co-Founder and President of the international group of surety professionals, alongside country host, PCA Broker. The event welcomed delegates from across the world for a 3-day intensive discussion on the impact of geopolitical scenarios and innovations in an ever-evolving surety world.



As cross border transactions are on the rise, discussion topics included the role of surety in Merger & Acquisitions and protecting clients in unstable political environments, along with:

  • Special insights on Africa - Construction, Logistics, Fuel, Education – presented by Cinque, Ltd

  • Directed Suretyship in Colombia

  • Political risk and trade credit


“We welcome the newest member of the Alliance, and first representative on the continent of Africa, Cinque Ltd of Johannesburg, to the Surety Alliance”, stated President Steve Raffuel, “with the development of the surety market in Africa, and the expanding activities of some clients in the region, adding such a professional group fulfills one of our key objectives.”

Featured guests included Sean McGroarty, Global Head of Bonding at Euler Hermes, as well as Rocco Tosi Head of International Surety at Zurich, presenting sets of strategies, ideas and opportunities from their respective firms.


The business session concluded with an exchange of individual firm and cross border collaborative success stories.


Delegates enjoyed touring wine country in the Langhe region.


Attending delegates included:

· Willian Reidinger (Illinois)

· David Hoover (Florida)

· John Claeys (Alaska)

· Michael Lischer (Colorado)

· Lynne Cook (Maryland)

· Gregory Petrela (Canada)

· Carlos Pilego (Mexico)

· Alfons-Maria Gracher (Germany)

· Roberto Armana & Emily Fruttero (Italy)

· Steve Raffuel (New Jersey/New York)


Previous events have been held in New York City, Las Vegas, Miami, Munich, Boston and Toronto.




About:

The Surety Alliance is an exclusive peer group of professional construction and commercial surety brokerages committed to pooling their knowledge and strengths among fellow members with a singular objective or providing service and depth of resources to clients. With members located in major money centers throughout the United States, Canada, South America, Africa and Europe, the strategic linking of our members ensures your surety needs will be managed with proficiency wherever they may arise.


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It all starts with our Mission Statement. Understanding your business and your needs. But it goes deeper. We bring balance and insight to the situation. Our experience puts us in a unique consultative role. That alone is valuable, but without the right markets it's a tree falling in the forest kind of thing. We represent the broadest possible array of surety companies in the business with worldwide capabilities, both traditional and innovative. There isn't an answer for everything, but if it exists, we'll find it. 

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