Posted by Erik Mueller, for OldRepublicSurety In my first blog on this topic, we talked about the importance of a professional surety agent and how to find one, and the financial information you will need to prepare. Here’s more you’ll want to know: Start the process early To ensure timely approval, begin the submission process well before the date you need the …
Seven Things You Didn’t Know About Surety
Posted by Darrel Lamb, CPCU, AFSB, for OldRepublicSurety It’s really old Not only was surety mentioned in the ancient Code of Hammurabi (circa 1754 BC), it is mentioned in the Bible and in The Quran. Ancient Roman ordinances required surety for the construction of buildings, walls and highways. Corporate surety as we know it today began in the United States …
It’s Not Just About Rates. It’s About Valuable Service
Posted by Shayne Albine, for OldRepublicSurety In today’s world, we are surrounded by advertisements. And whatever the product is, advertising consistently drives price to hook new customers. But is that the best approach? Think about advertising through the eyes of a consumer. I like to use the example of purchasing a new vehicle, which many of us can relate to. …
WHAT TWO AGENTS SAY ABOUT THE “TRIANGLE OF TRUST” IN SURETY
Posted by Darrel K. Lamb, CPCU, AFSB The Rough Notes Company “Relationship” might be the most-overused word in American business (followed by “partnership”). It’s the topic of hundreds upon hundreds of songs in nearly every genre that illustrate love and support: “I’ll be there for you (‘cause you’re there for me too’)” —(Theme from Friends), The Rembrandts “If you’re lost, …