7 Red Flags For Contract Bonds & Strategic Approach Fixes
In the process of considering a contract bond request, there are certain circumstances that can raise red flags for a surety underwriter. To maximize their surety ...
January 4, 2015
Work in Process Reports | Key For Contractors and Surety Companies
The Work in Process schedule (WIP) is one of the most important reports produced by a contractor's accounting system. Surety companies rely heavily on this report ...
December 22, 2014
4 Key Reasons to Have a Business Services Bond
Even the most trusted employees can cause a loss. Your employees have access to your customer’s valuables while performing duties on their premises. Jewelry, ...
December 15, 2014
30% of Business Failures Are Caused By Employee Theft
Losses due to embezzlement affect small businesses especially hard, because they cannot afford to absorb the losses. Nearly 30% of all business failures are ...
December 15, 2014
The Over and Under of Contractor Billings
Large overbillings or underbillings can be an indication of problems that could jeopardize the stability of a contractor's bond program. Generally Accepted ...
December 8, 2014
8 Tips to Increase Your Agency's Surety Bond Business
Are you an independent insurance agency looking to increase your surety book of business? We suggest to start with your existing customer base. There is ...
December 1, 2014
