The Following Ten Years: 2002 to 2012
Rising to the challenge, the Board of Directors developed an aggressive strategic plan to address the imperatives of the new surety world. A revised membership arrangement allowed brokers and other businesses that were committed to the success of the surety industry to participate as full members of the association. The regional committees and Board of Directors were expanded to ensure a broader representation of the various sectors of the industry and empower membership groups that had been marginalized under the old structure.
Most importantly, the fee assessment structure for members was strengthened to provide sufficient revenue to meet the enhanced expectations of member firms. Armed with enhanced financial resources, SAC was now able to re-structure and re-define its priorities to more effectively meet the challenges of the changing surety world.
Read More about SAC's History