Anatomy of a Surety Claim - American Institute of CPAs
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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:
Learn about the surety underwriting process that is used to make decisions on bonding programs and individual bond requests
Understand how the financial information provided to an underwriter is used to inform the surety's decisions
See how a bonded contractor can quickly become a claim for the bonding company
Speaker(s):
David
Pesce,
CCIFP,
Head of Surety,
Munich Re Specialty Insurance