If you want to become a leader in the improvement bond market, this final session of the three-part series will provide you the necessary tools. Discussions and examples of the underwriting questions from the surety perspective are reviewed, using sample improvement agreements, set-aside letters, financial statements, work in process reports and sales reports. At the conclusion of this course, and in particular if you have taken all three sessions, you will know the terminology unique to the industry, and the nuances of the underwriting and bond issuance process. Tips are provided on how to look for opportunities to bring value to your developer clients by understanding the risks they face, how to recognize problems before a submission is made to the surety markets, and finding ways to save money on premiums and reduce the time from initial bond request to bond approval and issuance. We know at the conclusion of this series you will have increased confidence in your ability to service and navigate the needs of you developer clients, not only in the insurance line, but their surety needs as well.
| DOI #: | 387738 |
|---|---|
| Hours: | 2 |
| Credits: | 2 |