Construction and Surety and Fidelity Bond Practice Unit

As a member of the National Association of Surety Bond Producers (NASBP), Amsure is recognized as a leading professional advisor in the area of Construction Risk Management and Insurance and Contract Surety Bonds. Our staff is very versed in the analysis of Contractors’ risks and exposures and in developing applicable programs for your firm.

Our staff has considerable experience in negotiating and maintaining Surety Credit Lines on behalf of our clients. In addition to Contract Surety, Amsure also provides advice in the areas of non-construction Performance Guarantees, Fidelity Insurance Programs, Financial Reinsurance and other sources of Alternative Risk Financing.

Risk Management and Insurance services provided to Contractors include:

Insurance Program Negotiations and Comparisons
Contractual Risk Transfer Analysis
Reviews of Subcontractor Agreements
Job Site Surveys and Loss Prevention Programs
Premium Audit and Classification Reviews
Claims Management Services
Experience Modification Reviews

Bonding services provided by Amsure include, but are not limited to:

Negotiation of Contract Surety Credit Lines on a per project and aggregate basis
Maintenance of Contract Surety Credit Lines
Review of contract bid specifications and advise clients of requirements
Interact with other client representatives (i.e., legal, banking and accounting advisors) to ensure compliance with surety requirements
Monitor corporate and personal indemnification agreements and requirements

Specific Bonds provided by our Surety & Fidelity Practice Unit include:

Bid Bonds
Performance and Payment Bonds
Subdivision Bonds
Labor & Material Bonds
Financial Guarantee Bonds
Maintenance Bonds
Completion Bonds
Supply or Installation Bonds
Site Development Bonds
Fidelity Bonds
Court and Litigant Bonds
Computer Fraud and Funds Transfer Fraud Coverage

For more information contact:

Guy Alonge III, CPCU
Executive Vice President
518-458-1800
guy@amsure.net