National Association of Surety Bond Producers

What National Association of Surety Bond Producers does

The National Association of Surety Bond Producers (NASBP), founded in 1942 and headquartered in Bethesda, Maryland, is a nonprofit professional trade association that serves as the national voice for surety bond producers and the broader surety industry. Its membership is composed of independent surety producers, surety companies, agencies, CPA firms, and allied construction, insurance, and legal professionals across the United States and select territories. NASBP operates with a small core staff of 14 employees and sustains a member-driven governance model.

NASBP's core products and services cluster around four pillars: education, advocacy, professional development, and member business tools. Educational offerings include SuretyLearn, NASBP University, and continuing education delivered in partnership with WebCE. Advocacy is anchored by SuretyPAC, an annual Legislative Fly-In, and direct engagement with the FAR Council and Congress on federal acquisition regulation and infrastructure legislation. Business tools include the Surety Pro Locator (a public-facing directory of member producers), the SuretyJobs board, the "Let's Get Surety" podcast, and member-facing publications. NASBP also runs workforce programs such as the 5-15 Leadership Program and Make Surety A Career to expand the producer pipeline.

The association's business model is membership-funded: revenue is generated from annual member dues, event and conference registration fees, educational program tuition, publication and sponsorship sales, and partner contributions. There is no external funding, no public reporting of financials, and the operating budget is modest and tied to the membership base rather than a transactional or transactional-software model.

Name

National Association of Surety Bond Producers

Legal name

National Association of Surety Bond Producers

Website

https://nasbp.org

Company type

Private

Founded year

1942

Operating status

Operating

Headcount range

11–50 employees

Short description

NASBP is a 1942-founded, Bethesda-based nonprofit trade association serving surety bond producers and allied professionals nationwide. It delivers education, advocacy, professional development, and member business tools through dues, events, and partner-supported programs.

Ownership category

akta.pro rank

Headquarters

HQ city

Bethesda

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Membership Dues: NASBP generates revenue through annual membership fees from surety bond producers, insurance agencies, brokerage firms, surety companies, and certified public accounting firms. Membership provides access to education, networking, resources, and advocacy services.
2. Events and Sponsorships: The association organizes events including the Annual Meeting, Fall Meetings, Sales Workshop, and Legislative Fly-In. These events generate revenue through registration fees and corporate sponsorship opportunities.
3. Education and Training: SuretyLearn platform offers online courses, virtual seminars, and Surety Schools. Revenue is generated through course fees, with members receiving discounts on WebCE continuing education library.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

NASBP is a national nonprofit trade association founded in 1942 that serves professional surety bond producers, insurance agencies, surety companies, and CPA firms. It delivers membership-based services including the SuretyLearn learning platform, industry publications, networking events, advocacy before Congress and federal agencies, and a Surety Pro Locator directory connecting contractors with member surety professionals.

Product overview

NASBP offers a comprehensive portfolio of membership-based products and services for the surety bond industry. The core offerings include SuretyLearn (a learning management platform with virtual seminars, online courses, and Surety Schools), SuretyJobs (job matching service), and Surety Pro Locator (directory for finding surety professionals). Additional products include the Be Guaranteed to Succeed campaign and Contractor Bonding Education and Mentoring Program for contractor outreach. NASBP also provides publications including Surety Bond Quarterly magazine, Pipeline (bi-monthly e-newsletter), Focal Point (legislative e-bulletin), NASBP SmartBrief (weekly news briefing), and the Let's Get Surety Podcast. The association maintains advocacy tools including NASBP SuretyPAC and provides Bond Forms and Resources for members. Education offerings span Online CE, 5-15 Leadership, and Make Surety A Career programs.

Differentiator

Problem solved

Functional benefit

Brands

• SuretyLearn: Premier learning platform for building knowledge of suretyship and surety-related matters, offering virtual seminars, online courses, and NASBP Surety School.
• SuretyJobs
• Surety Pro Locator
• Be Guaranteed to Succeed
• Surety Bond Quarterly
• Let's Get Surety
• NASBP SmartBrief

Products and services

• NASBP Membership Annual membership for licensed surety bond producers, insurance agencies, brokerage firms, surety companies, and CPA firms, providing access to education, networking, publications, advocacy, and SuretyLearn resources.
• SuretyLearn Learning Platform Online learning management system offering virtual seminars, online courses, NASBP Surety School, and Surety Schools & Workshops for surety professionals and contractors.
• SuretyJobs Career and job-matching service for the surety industry that connects qualified candidates with employers in the surety, insurance, and CPA sectors.
• Surety Pro Locator Online directory that connects contractors and project owners seeking surety bonds with NASBP member surety professionals across the United States.
• Surety Schools & Workshops Structured multi-day educational programs designed to develop surety expertise for both new and experienced surety professionals.
• NASBP Annual Meeting Premier annual conference bringing together surety bond producers, surety companies, and industry partners for networking, education, and industry updates.
• NASBP SuretyPAC NASBP's political action committee supporting federal candidates and legislation favorable to the surety industry and bond producers.
• Online CE (Continuing Education) Online continuing education courses for surety and insurance professionals delivered in partnership with WebCE, covering surety-specific topics and the broader insurance training library.

Quantifiable outcome

• 34 trade organizations and labor unions in Transportation Construction Coalition advocating for infrastructure funding
• +2 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• Transportation Construction CoalitioncoreStrategic or Co-development PartnerNASBP is part of the Transportation Construction Coalition, a coalition of 34 trade organizations and labor unions. The coalition advocates for transportation infrastructure funding including the BUILD America 250 Act authorizing $580 billion for highways and other federal programs.
• Surety & Fidelity Association of America (SFAA)coreStrategic or Co-development PartnerSFAA is a key industry partner with whom NASBP submits joint comment letters on regulatory matters including FAR regulations, FCC rules, SBA programs, and USACE WIFIA arrangements.
• Dodge Construction NetworkminorStrategic or Co-development PartnerDodge Construction Network provides economic analysis and forecasting content featured in NASBP publications and news articles on construction market trends and interest rate impacts.
• Construction Industry Procurement Coalition (CIPC)coreStrategic or Co-development PartnerNASBP participates in CIPC, a coalition of construction industry trade organizations submitting joint comments on procurement policies, FAR regulations, and legislation affecting construction contractors and surety bonding.
• Associated General Contractors of AmericacoreStrategic or Co-development PartnerAGC is a key coalition partner in advocating for transportation infrastructure legislation including the BUILD America 250 Act and surface transportation reauthorization.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Associated General Contractors of America (AGC): AGC is NASBP's coalition partner in the Transportation Construction Coalition and a peer national trade association with a member-driven, education-and-advocacy model. It is comparable as a construction-industry counterpart that serves as a peer advocacy organization.
• Professional Insurance Agents (PIA): PIA is a national trade association for independent insurance agents that delivers education, advocacy, and member services similar to NASBP's offerings. Its scale and member model are highly analogous.
• Council of Insurance Agents & Brokers (CIAB): CIAB is a national trade association for commercial insurance brokers, offering education, advocacy, and networking akin to NASBP's model. It serves a closely analogous member base (insurance intermediaries) and uses a similar membership + events + education playbook.
• Independent Insurance Agents & Brokers of America (IIABA / Big "I"): IIABA is a long-standing national trade association for independent insurance agents, providing advocacy, education, and member services. Its scale and structure mirror NASBP's mission, just applied to the broader property/casualty agent population that includes surety producers.
• Surety & Fidelity Association of America (SFAA): SFAA is the national trade association representing surety and fidelity companies, and is described in NASBP's data as a core industry partner submitting joint comment letters on FAR regulations. SFAA and NASBP represent the two sides of the surety market (carriers vs. producers), making it the most directly comparable peer.

Emerging players

• American Subcontractors Association (ASA): ASA is a national trade association for subcontractors that engages in overlapping construction-industry advocacy and on bonding-related issues. It is comparable to NASBP as a peer advocacy organization with adjacent member interests.

Others

• National Association of Professional Insurance Agents (NA PIA): PIA is a parallel professional insurance agent association whose mission and structure are similar to NASBP's. It is instructive as a baseline association peer targeting insurance intermediaries.
• Insurance Information Institute (Triple-I): Triple-I is a non-profit insurance industry education and research organization. While it does not compete for members, it is comparable to NASBP as a parallel insurance-industry trade body that publishes educational content and engages in public-policy communication.
• Surety Information Office (SIO): SIO is an industry-supported communications body within the surety industry that promotes the surety product to public and private owners. It is comparable to NASBP as a surety-industry-affiliated organization but does not provide member services or education directly.

Broad incumbents

• National Association of Mutual Insurance Companies (NAMIC): NAMIC is a larger insurance trade association representing mutual insurance carriers, with parallel advocacy, education, and member-service programs. It is comparable structurally to NASBP, but operates at a broader industry scope.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/nasbp
• Facebookfacebook.com/NASBP
• LinkedInlinkedin.com/company/national-association-of-surety-bond-producers
• Instagraminstagram.com/nasbp

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about National Association of Surety Bond Producers