Industry Insights

Human Knowledge and Data in Risk Assessment

When a customer buys goods or services on account without paying cash up front, you need to understand the risk involved before agreeing to the transaction. How is this risk calculated, and by whom?

Q&A with Paul McIntyre

In this interview, Paul explains the surety team’s processes and operations in Canada and his current outlook for the surety industry in 2021. He also describes why Euler Hermes should be the surety partner of choice in Canada. Read on to get to know Paul’s perspective.

Embracing the Challenge of Digital Bonding

The opportunity for digitalization has been a major focus for companies over the last several years. The Surety industry is no different. Learn more about digital bonding.

Rough landing: 2020 will be a terrible year for air transportation

Global demand in air transport will not return to its pre-Covid-19 level before 2023.

The Times They are A-Changin’

The devastating impact that COVID 19 has had on our friends, families and the economy has gotten me thinking about change – how the world has been indelibly altered in just a few short months.

COVID-19: Contract Clauses Construction Contractors Should Know

For construction contractors, the impacts of the coronavirus crisis will be felt long after the quarantine is lifted. Here are a few simple steps to minimize the impacts from our Surety Legal Counsel, Rob Duke.

Surety

Trends in Construction and Surety to Watch for in 2020

Through 2019 and into 2020, there have been a number of developments that are going to impact surety and construction. Read about a few in Mike Bond's blog.

Surety

Bad Faith Does Not Apply to the Surety Line of Business

Learn why the facts and circumstances that support a claim of bad faith against an insurance company writing a credit insurance policy do not apply in the case of a surety bond.

Surety

Another Key to the Court House Door?

A concurring opinion in the case agreed with this principle, but used its opinion to suggest that a surety that remedies a default by some other means (other than a takeover agreement) should have standing under the Contract Disputes Act.

MTA Debarment Regulations Create Risks for Contractors

On June 5, 2019, the New York Metropolitan Transit Authority (“MTA”) issued regulations on an emergency basis that implement a harsh debarment framework that was established by statute, section 1279-h Public Authorities Law.

Risk Mitigation and the Law

As surety bond professionals, we are in the risk business. A critical factor in the success of a surety company or a bond producer is properly assessing and managing the risk associated with a surety bond. Legal issues and risk are inseparable.

How Surety Supports Projects of All Sizes

Surety goes beyond helping projects get completed. It helps customers in a tight financial position, helps customer compete confidently, and more. Read Mike Bond’s latest blog.

Surety: Powered by People

Surety is one of the few businesses where the product we sell - the bond - is exactly the same for all companies. People are a key differentiator. As our customers are becoming more diverse, the surety industry is challenged to increase diversity. Otherwise, we will be left behind.

Surety Technology: An Oxymoron or a Promise of the Future?

Technology use in Surety hasn't evolved a great deal. This article reviews the digital future of surety bonds in the U.S. and the need for the surety industry to innovate.

International Surety and the Expansion of the Construction Industry

The magnitude of the construction market opportunity and the low barrier to entry make North America an attractive destination for foreign construction companies.