Risk & Business Magazine Moody Insurance Spring 2017 | Page 8
The Advantage Of
An In-House Surety
Expertise
W
ith so many types of surety bonds available
for individuals and businesses, our clients and
prospective clients can rely on our in-house surety
expertise. Our uniquely qualified surety experts act
as liaisons between our customers and the surety.
Our team of surety experts serves as your advocate and as a conduit
between the contractor and the surety on all matters. We assist in all
areas of underwriting and financial matters and make certain that the
important lines of communication are kept open between all interested
parties.
Without question, our team is qualified to speak the language of the
surety underwriter and effectively communicate the needs of our
clients, which results in a distinct advantage during the underwriting
process.
We consider our role as the client advocate a serious responsibility and
will continually offer our expertise in the following areas:
• Construction and non-construction bond requirements
• Customized bonding programs to meet specific needs
• Review plans and specifications with specific attention to surety
requirements
• Review of performance and payment bonds for general contractors
and subcontractors
• Contract and subcontract review and advice
• Assist in finding and bonding qualified subcontractors
The importance of in-house surety expertise should not be understated.
Our ability to advocate for our clients on surety requirement matters
puts our clients and prospective clients at a distinct advantage. We
are proud to belong to the small group of brokers who represent the
majority of national sureties, regional sureties, environmental sureties,
and high-risk markets. +
Born and raised in the construction
industry, David draws on both his
knowledge of the construction process as
well as his previous experience as a surety
bond underwriter to provide Moody clients
with expert surety guidance and support.
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BY: DAVID DONDLINGER
MOODY INSURANCE