With contract surety, many agents and brokers focus on the large general contractors because they typically manage large projects and have large surety needs. However, the demand is just as great or greater with smaller or more specialized subcontractors who are essential to completing these large projects. As an agent, you probably have many [...]
There is a multitude of reasons an individual, lawyer or institution may need a court bond. When legal oversight of a person, trust or estate is necessary, courts require a surety bond to protect those involved in the proceedings. Protections are necessary to avoid possible loss from fraud, negligence or incompetence. For this reason, [...]
Brokers and agents can stay ahead of the competition by know what bonds are likely to renew in the near future. Refer to the list below to know what bond renewals are on the horizon. Call our team of surety experts with any questions 800-361-1720. Contact and upsell your clients in specific industries on [...]
In the more than 100 years since modern corporate surety has been established, some of the largest corporations of today accelerated their growth when they established a surety relationship and added their professional surety agent to their small group of independent advisors. Along with their attorney and CPA, the professional surety agent brings considerable [...]
Wage and welfare bonds, also known as union bonds or wage bonds, are a type of surety or financial guarantee bond that a union requires an employer of union members to post, to ensure that negotiated union benefits are properly paid along with union dues. In the event that a union affiliated shop does [...]