COR2320. Anatomy of a Surety Claim

This session will take you through the underwriting process of a construction company from the initial bonding company submission through the time it becomes a surety claim.

Learning Objectives:

• Analyze the surety underwriting process that is used to make decisions on bonding programs and individual bond requests
• Distinguish how financial information provided to an underwriter is used to inform the surety's decisions
• Identify how a bonded contractor can quickly become a claim for the bonding company