The Surety Association of Illinois
The Surety Association of Illinois (SAI) is a voluntary, non-profit, professional association that represents the interests of surety underwriters, underwriting assistants, agents, and brokers within the state of Illinois.
Purpose and Activities
The association operates to promote the understanding and use of surety bonds in construction and other industries. It provides a platform for professionals in the surety industry to collaborate, share knowledge, and address regulatory and legislative issues affecting their field. SAI also contributes to educational initiatives and supports advancements in surety practices and standards.
Leadership
As of the latest records, the association is led by a team of experienced professionals from prominent insurance companies. The leadership includes a president, vice president, treasurer, and secretary, each representing a different organization in the surety industry.
Membership
Membership in the SAI includes a diverse range of organizations, such as surety companies, insurance brokers, and other service providers involved in the surety bond sector. This membership base provides a comprehensive network of professionals focused on the surety industry in Illinois.
Partnerships
SAI is part of a broader network of Local Surety Associations (LSAs) across the United States, which collaborate with national organizations like the Surety & Fidelity Association of America (SFAA) to promote the value of surety bonds in protecting taxpayers and enhancing infrastructure development.
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