The song “It’s the Most Wonderful Time of the Year” was first written in 1963 and recorded for “The Andy Williams Christmas Album.” Now, I may date myself by admitting that not only is this one of my favorite Christmas carols but I never missed one of the Andy Williams family Christmas specials during my childhood. Those shows with his brothers, children and extended family all gathered together around the Christmas tree singing in perfect harmony seemed in my young mind to be everything the … [Read more...]
Goldleaf Is Your Surety Only Specialist
Goldleaf Surety Services is a national surety-only specialist. We do not retail any insurance – we deal only in surety bonds. If your insured goes to another agency for their bond needs, that agency always has an “in” for providing competitive quotes on the insurance. Goldleaf is the agent’s “back room” bonding professional. We can give your agency bonding expertise which otherwise may not be available allowing you to keep a long-term customer from looking elsewhere, or possibly allowing … [Read more...]
Goldleaf Surety’s Holiday Happenings
I recently saw a post by Thrillist listing the top seven states with the worst winters. And topping their list was Minnesota. Now, I'm not one to believe everything I read on the internet but having lived in this state for 20 plus years I can attest to the fact that the winters can be a bit harsh. So in December, when the days are short and the sun may not shine too often, we need to find ways to warm hearts and shine light in others' lives. Over the years, Goldleaf management and staff … [Read more...]
Goldleaf Assists Fiber Optic Companies with Bonding
Over the last several months, Goldleaf Surety has assisted several fiber optic company's obtain the bonding support they needed. Working with our surety partners, we were able to obtain bonds in situations where others had said no. Each situation below had factors which Goldleaf Surety was able to understand and present to a surety so that they were comfortable with the risk. Assisted a private equity owned company which designs, installs and maintains private fiber networks for schools, … [Read more...]
Interview With a Contract Bond Underwriter – Meet Brenda Risa
This week I would like you to meet Goldleaf Vice President, Brenda Risa. Brenda is married with three boys. She likes to spend her time away from work at their lake place with her family, motorcycling with her husband, and scrap booking with friends. She is also Board Chairperson for the Clarkfield Area Charter School. Brenda grew up in Morris, Minnesota on a dairy farm. One fact you may not know about Brenda – she was crowned Dairy Princess for Stevens and Traverse Counties in her junior … [Read more...]
Interview With a Contract Bond Underwriter – Meet Rita Jorgenson
This week I would like you to meet Goldleaf Account Specialist, Rita Jorgenson. Rita is married with one child. Being able to spend time with her family is the most important thing to Rita. She enjoys spending time at the lake, as well as watching her child, nieces and nephews participant in various sporting events. She and her husband enjoy motorcycling together with other friends. One fact you may not know about Rita – she is part of a military family and her husband has served several … [Read more...]
Goldleaf Surety Services Celebrates 15 Years
Goldleaf Surety began operations in Montevideo, Minnesota on April 1, 1998. Over the past 15 years, Goldleaf Surety has evolved into one of the most respected names in the surety industry due to our unique ability to understand the financial issues impacting the contractor and their bond program. Today, Goldleaf Surety is a well respected, experienced, surety specialist capable of putting together surety bond programs for just about any company. We are licensed in all 50 states and do … [Read more...]
What is My Underwriter Talking About When She Refers to the “Four C’s”?
The first C refers to Capital. The surety underwriter analyzes the company’s financial position as represented by its financial statements. A company’s financial statements show its current state, including its working capital, its debt to equity ratio, and how profitable it is. The second C is Capacity. The surety underwriter needs to be comfortable in a company’s ability to perform the bonded project. For this C, the surety company will look at non-financial information such as resumes of … [Read more...]