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Steve Surace

Stephen T. Surace, CPA, CFF, MBA

President, Chief Financial Officer

Professional Profile

Stephen T. Surace is President and the Chief Financial Officer of Adjusters International, Tidal Basin, Rising Phoenix Holdings Corporation, and President of Mosaic Accounting. He has extensive experience in all financial aspects of disaster recovery consulting.

Surace specializes in business interruption/extra expense claims as well as all accounting-related aspects of property damage insurance claims, including dependent properties, payroll limitation claims, utilities services, leasehold interest, accounts receivable, and brands and labels coverage.

Surace has been a featured speaker for the New York State Bar Association, the New York State Society of Certified Public Accountants, and the National Association of Public Insurance Adjusters. He has also trained insurance professionals in many accounting-based first-party property coverages, including in addition to those listed above, radio and television antennas, electronic data, and stock claims and inventory reconstructions.

Surace has been involved in the preparation, support, and settlement of hundreds of multi-million dollar property insurance claims. Steve leads the financial teams for the Company and all Joint Ventures. He has extensive experience in planning and controls of company business units along with overall company financial responsibilities and is the lead contact for banking, legal, and accounting services of the firm. 

Clients in the following industries have benefited from Surace’s assistance: auto parts manufacturers; automotive dealerships; casino/gaming; commercial office buildings; commercial print facilities; educational institutions; equipment manufacturers; food producers and distributors; home improvement stores, lumber mills & kilns; hospitals & long-term care facilities; hotel/motel/inns; marinas; multi-unit apartment complexes; professional offices – including accountants, attorneys and physicians; restaurants; retail outlets; sports entertainment facilities; and manufacturers, as well as multiple other specialty industries.

Steve has been featured as an expert panelist on Adjusters International’s Property Insurance Roundtable podcast in the episode titled, 'Business Income Insurance.'

Disaster Experience

Surace has served in various capacities. As the Insurance Claim Manager and Business Interruption Specialist, he has provided accounting expertise on many engagements.

  • Lead team after 2010 BP Oil Spill in the State of Louisiana's development of economic impact analysis
  • Primary team member in the recovery of the Massachusetts Turnpike Authority claim after 2006 tunnel collapse
  • Orange County, New York, 4020-DR-NY August 2011 Hurricane Irene, Flooding & 4031-DR-NY Tropical Storm Lee, Flooding, December 2011

Professional Involvement

  • Board Chairperson for Vanguard Inspection Services
  • Board Manager for Alliance for the Recovery of Puerto Rico
  • American Institute of Certified Public Accountants
  • New York State Society of Certified Public Accountants, President Utica Chapter
  • American Bar Association – Tort Trial & Insurance Practice Section Associate Member

Training

  • Certified in Financial Forensics (CFF), American Institute of Certified Public Accountants
  • Certified Public Accountant
  • Licensed Public Adjuster
  • Insurance Instructor since 2007

Licensures & Certifications

  • Certified in Financial Forensics (CFF), American Institute of Certified Public Accountants
  • Certified Public Accountant
  • Licensed Public Adjuster
  • Insurance Instructor since 2007