The long “soft” market for surety credit has definitely ended. Contractors may begin to see changes to their surety program parameters (i.e. decreased single/aggregate limits, increased security requirements, higher rates, etc.). Gain insight on how the surety and subcontractor default insurance markets are responding to current events; what considerations are driving underwriting decisions; factors that will drive terms and conditions in the market as well as changes; the current claim environment; and the critical factors to consider in the event of a claim.
Speakers: Martha Gaines, Construction Services Group—Surety, Aon; Peter Kapler, Construction Services Group, Aon; Doug Wheeler, Construction Services Group, Aon
