Challenges Create Opportunities

January 28, 2021

Merchants Bonding Company’s Chairman of the Board and President Larry Taylor was a panelist for the National Association of Surety Bond Producers (NASBP) Surety Spotlight Series – Conversations with Surety Industry Leaders.

Taylor was joined by Rick Cuillo of Hartford Bond, Steve Anderson of Surety North America (NAS) and moderator Ed Heine of PayneWest Insurance, Inc. Panelists were asked to go beyond the ‘state of the industry’ and share their perspectives on business strategies, technology, leadership challenges, culture and more.

“When unexpected situations arise, leaders show up. You look at challenges as opportunities, take the bull by the horns and say ‘we got this,’” said Taylor, when asked about navigating today’s challenges.

Taylor also discussed the importance of culture at Merchants. “My biggest concern in COVID is about culture. We invest significantly in culture, not in bricks and mortar, but how we build our leaders,” said Taylor. “I challenge our leaders often on what they are doing to build others.”

NASBP plans to hold more virtual seminars to continue the conversation. To learn more visit