Successful contractors rely on their surety agent for:
On March 11, 2016, Clark Construction Company held a seminar for subcontractors interested in working with them. I served as the surety bond panelist and talked about the top traits successful contractors rely on their surety agent for. Here’s a summary of what I shared with the subcontractors in attendance.
Top 5 Traits of Your Surety Agent:
1) Knowledge—
of the Construction process as well as the regulatory environment in which contractors work.
2) Expertise—
in financial analysis and the underwriting of surety.
3) Guidance/Advice—
on a broad range of business topics with a thorough understanding of good business practices.
4) Experience—
knowledge, expertise, and the ability to offer sound advice all come from decades of experience in the construction and surety industry.
5) Dependability—
knowing the agent has a sincere desire to build a quality, long-term relationship.
Here’s what Ron Moore of Parkwest Construction says about the service provided by his surety bond agent over the past 20 years:
My customers know I have them covered in each of these key business support roles. Am I missing something important that your agent provides? Please let me know!
Sign up to ensure you receive your quarterly email. This information will only be used to send you useful, pertinent, and important information pertaining to the surety and construction industries. Thank you for your interest and for suggesting topics!
[gravityform id=”2″ title=”false” description=”false”]
Leave a Reply