Old Republic Surety

How to Get Your First Bond, Part 1

This post is part of a series sponsored by Old Republic Surety. Congratulations! Your construction client has won the bid for a new project that is bigger and better than any before. In fact, they are ready to graduate from …

Do I Need to Increase My Bank Line of Credit?

This post is part of a series sponsored by Old Republic Surety. As an independent agent with construction clients who need both insurance and surety bonds, you already know that a surety company needs you as a partner in the …

How the Cost of a Contract Bond Is Determined

This post is part of a series sponsored by Old Republic Surety. The business of surety and fidelity bonding represents a growing segment of the insurance industry. Surety companies are eager to partner with independent insurance agents in the vital …

Translating the Top 5 Most Cringeworthy Surety Conversations

This post is part of a series sponsored by Old Republic Surety. As an independent insurance agent, you’ve probably had an awkward moment or two with clients. They’re good learning experiences. In this article, a seasoned surety bond manager shares …

It’s Not Just about Rates. It’s about Valuable Service

This post is part of a series sponsored by Old Republic Surety. Sarabeth Scott provides an unusual perspective for independent agents: She speaks as a surety company representative, but she spent 20 years on the agency side of the surety …

4 Things You Didn’t Know about Surety

This post is part of a series sponsored by Old Republic Surety. Just as property-casualty agents know that insurance is fun and fascinating, bond producers and underwriters find surety to be fun and fascinating, too. Here are some little-known facts …

Contractor Materials Shortages and Materials Price Inflation

This post is part of a series sponsored by Old Republic Surety. The 2021 construction boom is great for your contractor clients, right? Yes, demand is up — but contractors also are dealing with soaring costs and supply chain and …

Do’s and Don’ts of Smart Contract Bidding

This post is part of a series sponsored by Old Republic Surety. As a surety bond producer at your independent agency, you are likely the professional closest to your construction client’s bid process, along with a construction accountant and attorney. …

Understanding the Claim Process for Bonds vs. Insurance

This post is part of a series sponsored by Old Republic Surety. Thinking about building a book of surety business? As an insurance agent, you’ll want to understand how the surety claims process differs from the insurance claims process. You’ll …

Transitioning from FastBonds to a Standard Bond Program

This post is part of a series sponsored by Old Republic Surety. Especially now, at the leading edge of the post-pandemic construction boom, your agency’s contractor clients may need to increase their bonding capacity to take on more and larger …

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