Surety Bonds

Surety Bonds

The Value of Surety Bonds Suretyship is a very specialized line of insurance that is created whenever one party guarantees performance of an obligation by another party. The way project owners evaluate and manage risks on construction projects and make fiscally responsible decisions to ensure timely project completion are crucial to their success. Since private […]

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Risk: The Cost of Doing Nothing

We have used a simple definition for Alternative Risk Transfer (ART), referring to any method used by an entity to shift the cost of a risk to another entity, but without the use of traditional (standard, commercially available) insurance. However, even this simple, broadly applicable term ignores an important aspect of ART. When an entity […]

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