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Pinnacle Surety & Insurance Services
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Costa Mesa, California 92626

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Pinnacle Surety Novus Construction Case Study

Synopsis: Pinnacle Surety & Insurance Services, Inc. prides itself on “going the extra mile for its clients.” The strength and duration of its more than 15 year relationship with Novus Construction provides substantial evidence and affirmation of that assertion.

The Story: Novus Construction, (http://www.novusconstruction.com/) founded in 1986, has grown over the years into a respected General Contractor with expertise in commercial and institutional construction. In the early 1990’s, the company made a conscious decision to include bonded projects as a large percentage of its work within its portfolio. A strong Surety broker was therefore essential to its success.

President and CEO Patricia Strauss explained that building stable, long term relationships with clients, employees, and outside professionals was one of the company’s bedrock values. Validating that claim is Novus’ track record with UCLA Capital Programs and Facilities Management, Los Angeles County Fire Department, Los Angeles County Department of Public Works, the prestigious
Westridge School for Girls in Pasadena, (http://www.westridge.org/s/1163/start.aspx ) as well as with other school districts. Novus has had ongoing projects with UCLA for more than 20 years. Its relationship with the Westridge School for Girls,
which was founded in 1913, has continued for more than a decade. Novus recently completed its fifth building for the school and expects to receive LEED Platinum certification for a 16,000 square foot Science Building. Novus has completed two fire stations for Los Angeles County Department of Public Works and is currently building two more, having completed the design phase. Clearly, maintaining dependable, long lasting, solid relationships are important values and not just slogans for Novus.

“We place a great deal of emphasis on building a team,” Strauss indicated “and Mark Richardson of Pinnacle Surety & Insurance Services, Inc. has become a valued, respected, and trustworthy member of our team for more than 15 years. When we first began our relationship with Pinnacle, they were relatively new in the industry. We’ve been amazed by their growth and by the fact that they’ve consistently stayed a notch above the others. Working with the Pinnacle staff continues to be a pleasure as they are always on task, and stay informed about current issues affecting Novus, resulting in the expeditious resolution of all matters.”

Ms. Strauss stresses that open and honest communication is one of the most important aspects of the relationship. “I can call Mark about any problem or situation and trust his judgment and advice. When approached by other Surety brokers, I haven’t even entertained changing.”

Mark Richardson has been instrumental in recommending a CPA, various attorneys as required, and an insurance broker to Novus. When disagreements surfaced on a complicated and large project, Mark attended the necessary meetings, advised Novus on a variety of bonding issues, attended court hearings, and ultimately helped Novus win complete vindication in a case that lasted more than two years.

Attention to detail and complete responsiveness have been another hallmark of the Pinnacle relationship with Novus. “Sometimes clients are very inflexible in their demands,” Strauss noted. “We needed some last minute documentation in our Chatsworth office on a Friday afternoon. Mark arranged to deliver what was needed that very afternoon. He gives us an all out effort.”

In a final comment about their relationship, Strauss summarized it as follows, “Whenever we’ve needed something from Pinnacle, Mark has followed through in a timely fashion.”

Summary: The strongest compliments a company can get are from those it serves. Novus Construction’s relationship with Mark Richardson and Pinnacle Surety & Insurance Services, Inc. is indicative of the mutual respect both companies have for each other. It’s a valuable fact to consider when choosing your own Surety broker.
 


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