Get a Bond N...
Friday, May 23, 2014
Friday, May 9, 2014
How Fidelity Bonds are Underwritten
Part IIYesterday, we drafted part I of our post on how a surety bond is underwritten.As you could easily tell, a lot of emphasis is placed on the character of the applicant. The goal is, of course, how to ably predict how an employee will act in the future, based only on the employee’s past and their position within the company.Underwriters, therefore, try and ask themselves questions like:What will be the opportunities...
Thursday, May 8, 2014
How Fidelity Bonds are Underwritten
How Fidelity Bonds are UnderwrittenPart IYesterday, we posted a short article on the difference between a surety bond and a fidelity bond. One question that is consistently asked is this: how is a bond underwritten? Today, we’ll focus on how a fidelity bond is underwritten.As you may recall, a fidelity bond provides protection...
Wednesday, May 7, 2014
Two Types of Bonds - Fidelity and Surety Bonds
Two Types of Bonds – Fidelity and Surety BondsI got a great question today from a very good client: what is the difference between a fidelity bond and a surety bond? So, here’s my best shot at explaining the difference. Hopefully, you can determine which boat you are in at the end of this. BoatFidelity and surety bonds make...
Subscribe to:
Posts (Atom)