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R3 - Surety Claims from Start to Finish 
June 29, 2015   4:15pm - 5:30pm
  Synced Audio / Video / Slides

The presentation will provide the anatomy of a surety claim. It will include background on how the process works from start to finish and insight into what triggers a claim, the legal requirements for asserting a claim, and what occurs when the claim goes into suit. It will also discuss strategic considerations and the perspective of claimants, principals, and sureties on the process.

Learning Objectives:
  • Identify different types of bonds and the claims that can be made under them.
  • Describe the surety claims process and how it integrates with other legal claims for payment. 
  • Learn how to manage the surety claims process to avoid a big loss for your company
  • Describe the steps that can be taken to place the company in the best possible position if a claims must be made on a bond.
  • Learn techniques to use the surety claims process to complete jobs and ensure a profit for your company

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