Do you wish to improve your understanding of the surety financial analysis process, particularly for contractors, so you can help them achieve their goals? If so, this is your course! You will not only learn what a technical analysis process entails, you will learn why work-in-progress schedules are so important, and how they impact the bond approvals for your clients. You will understand why it is important for construction clients to present on the correct method of accounting to improve their odds of securing the most bond capacity at the lowest rate! Key ratios used in the underwriting process, a discussion on how your clients may be overextending themselves, and finally, important tips on how best to counsel your clients to maximize bond approvals.
At the conclusion of this course, you will have financial and underwriting tools that will help you not only navigate the surety underwriting process, but will be useful for many insurance product placements as well. The in-person format allows for a dynamic and interactive process where all of your questions will be answered and clear examples and explanations given. You will be well on your way to setting yourself apart from your peers as you become more comfortable with the financial analysis process and the terminologies used in the industry!
| DOI #: | 385012 |
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| Hours: | 2 |
| Credits: | 2 |