Up Close: ROBERT YARBROUGH
Reprints
NEW JOB TITLE: Vp/surety manager in Alpharetta, Ga., with Richmond, Va.-based Thomas Rutherfoord Inc.
PREVIOUS POSITION: Vp with Raleigh, N.C.-based BB&T Insurance Services.
GOALS FOR NEW POSITION: Build on the substantial reputation and leadership position which Rutherfoord already enjoys in the surety industry to grow the surety practice in our market.
CHALLENGES FACING THE INDUSTRY: The overall economy and frozen credit markets have had a significant impact on our industry. We are working with our clients to help formulate business strategies to maintain momentum despite the difficulties.
WHAT I WOULD CHANGE ABOUT THE INDUSTRY: There is an inherent lack of efficiency within the surety industry, particularly in resolving claims. We're constantly looking to find ways to improve the quality and speed of communication between our clients, the surety and project owners.
FIRST EXPERIENCE IN INDUSTRY JOB MARKET: I started with CIGNA Bond Services as an underwriter trainee in 1990. My years on the underwriting side of the business have helped me tremendously in managing the relationships between contractor clients and the underwriting community.
OUTSIDE THE INDUSTRY, A DREAM JOB: That's easy, a pro golfer.
