Category

Suretyship

Cyber Risk for Surety Bond Professionals

The financial services industry is a prime target for cybercriminals. Many insurance professionals and more specifically small insurance agencies are unprepared for a breach. Cyber risk for surety bond professionals is not an exception. Surety underwriters receive and regularly warehouse… Continue Reading →

Understand surety bonds (Surety Bond 101)

Suretyship is associated with insurance as most sureties are property/casualty insurance companies however a surety’s method of operation involves underwriting practices which more closely resemble banking than insurance. Insurance is a contract between two parties, the insured and the insurer…. Continue Reading →

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