By IAT Insurance Group
Originally published September 23, 2024
In today’s volatile economic climate, selecting the right surety partner has never been more critical. With high inflation, increased claims, and new entrants in the surety market, businesses face unprecedented challenges. IAT Surety’s comprehensive guide, “Navigating Surety Risk: 3 Best Practices for Construction Businesses and Commercial Firms,” offers invaluable insights into forging strategic partnerships that enhance stability and growth. From financial stability to industry expertise and service differentiation, this covers the essential characteristics to look for in a surety partner.
The guide also delves into building relationships of trust and selecting the right bonds tailored to customers’ specific needs. Real-world case studies illustrate the transformative impact of choosing the right surety partner, showcasing success stories of businesses that have navigated financial challenges with premier support. Don’t miss out on these crucial strategies for helping customers safeguard projects and ensure long-term success. Click the link to read the full guide and empower your customers with the knowledge to thrive in the ever-evolving surety market: https://www.iatinsurancegroup.com/about-us/blogs/blog/2024/09/23/navigating-surety-risk-3-best-practices-for-construction-businesses-and-commercial-firms
Contributors to “Navigating Surety Risk: 3 Best Practices for Construction Businesses and Commercial Firms”:
Mike Zurcher, EVP of Surety
Adrian Oddi, SVP of Contract Surety Underwriting
Gary Leuck, SVP of Commercial Surety Underwriting
Frank Tanzola, SVP of Surety Claims and Legal
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