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Surety and Bonds2020-10-24T21:58:25+00:00

Surety and Bonds

Surety Bonds. A guarantee between an owner and contractor. But with the right surety partner, surety bonds can capitalize on opportunities for growth. That’s the kind of aggressive, proactive thinking you’ll get with INSURICA.

INSURICA’s Industry Experts

Our network of industry-specific experts specialize in core industries such as construction. So we don’t just know the insurance business, we know your business and the distinct needs and challenges associated with it. The depth of knowledge we bring provides you with insight and strategies that not only protect your company, but can help maximize surety credit and therefore business potential.

Comprehensive Services

  • Analysis and reviews of your financial performance
  • Performance benchmarks
  • Reviews of owner financing, contracts, subcontract terms, and subcontractors
  • Customized service and billing plans for high-item-count commercial and contract accounts
  • Relationship management of your bonding company

Put The Power Of An Entire Network Behind Your Site

Being part of INSURICA gives you access to many major sureties and any surety bond requirement.

Surety and Bonds

  • Bid Bonds

  • Performance Bonds

  • Payment Bonds

  • Warranty Bonds

  • Completion Bonds

Resources

Our in-depth understanding of your business allows us to uncover often-unseen risks and opportunities that can dramatically lower your exposure and costs.  Quite literally, we dig deeper to help you identify your exposure and efficiently minimize your risks through proven loss prevention and loss reduction techniques.

Recruiting and retaining the best and brightest is critical to your long-term success. All too often, the difference between a “loyal career” and “just another job” comes down to employee benefits. But unfortunately, after payroll, employee benefits are the largest budget item for most businesses.

At INSURICA, our Employee Benefits Experts can help you develop and implement a benefits program designed to motivate your employees while minimizing your cost.

We are proud to be an Assurex Global Partner. Assurex Global is the world’s largest privately-held risk management and commercial insurance brokerage group. Due to Assurex Global’s worldwide Partnership, collaboration tools, and communications infrastructure, all Assurex Global Partners are capable of servicing your accounts across the globe with equal precision and localized service.

Claims

Claims

We define claims management a little differently. We view our role as “a partner in your company’s profitability.”

Loss Control

Loss Control

Loss control has become one of the most important elements of your business’s insurance
program.

Alternative Risk

Alternative Risk

Self-insurance, large deductible plans, captive insurance…Our programs are tailored to fit your specific needs.

Find Out More About Our Services and Capabilities

We are here to answer any questions you may have and look forward to hearing from you.

Latest News

Today’s insurance programs must take into account the unique challenges faced by each client. In addition to a strong coverage program, some businesses may need advanced services. INSURICA has the additional Client Services required by complex business operations.

Protect Yourself With Surety Bonds

October 14th, 2020|Blog, Solutions, Surety Bonds|

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 owners cannot afford to gamble on a contractor whose reliability is uncertain or who could end up bankrupt halfway through the job, a surety bond is a great safety net for the investment.

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Expedited Dispute Resolution Bonds: What You Need To Know

March 13th, 2019|Blog, Construction, News, Surety Bonds|

Did you know that bonds are required to help guarantee performance, payment, and maintenance terms on a project to the owner/obligee? When bonds are in place, everything should run smoothly in the event of the dreaded bond claim right? Wrong. Typically, bond claims can take many weeks, if not months, for a resolution, regardless of the outcome.

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