Chairman and CEO, Unique Surety and Insurance Services LLC
Bob Goldstein is chairman and CEO of Unique Surety and Insurance Services, LLC, a national surety bond agency. A prominent surety and insurance executive, Mr. Goldstein has developed innovative solutions in surety, insurance and employee benefits during a career that has spanned four decades. During the past five years he has exclusively focused on surety bonding for the energy, construction, manufacturing and technology industries, as well as in providing court bonds to the legal profession.
Unique Surety maintains a specialty practice in renewable energy with a focus on manufacturing, assembly, installation, reselling (off-takers), SAM (subscriber acquisition management company), and battery storage.
Most recently, Mr. Goldstein led the development of innovative surety solutions to address the concerns of various parties involved in community solar and commercial and industrial (C&I) projects. In addition, Unique Surety has arranged surety solutions for a spectrum of projects involving hydro-electric, wind, thermal and solar energy contracts.
In these situations, indemnification from a surety company often can help avert the financial calamity caused by the default of either party in an energy contract. The most frequently requested bond forms used to indemnify contracts for renewables, including supply, bid, performance, payment, maintenance, reseller payment, SAM (subscriber acquisition management company) performance, lease payment and advanced payment bonds.
Under Mr.Goldstein’s leadership, Unique Surety also has developed a portfolio of niche surety industry products available through more than a dozen sureties listed by the U.S. Treasury to help small, medium, and large businesses grow and prosper by expanding their ability to participate in lucrative private sector and government contract projects.
Mr. Goldstein’s enduring passion for helping various entities increase their business opportunities with the help of surety bonding is reflected in his ongoing involvement in teaching seminars and as a presenter/panelist at educational forums for business owners, financiers, attorneys and accountants. These discussions have focused on different types of surety bonds available to mitigate risk and raise the confidence levels of various parties in a contract that promised services will be provided. If a supplier or provider defaults on their contractual responsibilities, a surety will mitigate risk either by taking over the responsibility and hiring a replacement to fulfill the terms or by paying a financial penalty sum.
Unique Surety, as power of attorney for more than a dozen carriers approved on the U.S. Treasury List (Circular 570), actually issues the physical bonds in most cases after the parties pass a rigorous underwriting procedure. Unique Surety is also an admitted agent with the SBA Surety Bond Guarantee Program. The firm’s principals provide assistance to numerous educational and consulting programs to help contractors win government contracts to expand their business through programs sponsored by the Small Business Administration, the Department of Defense, and the Defense Logistics Agency.