Construction Insurance and Surety Bonds

Are you fully prepared to manage your company's risks? This course provides a practical foundation in construction insurance and surety bonds. You’ll gain a clear understanding of essential insurance products and how they align with standard construction contracts, as well as the latest market trends impacting project-specific policies.

We’ll also look at e-bonding—exploring its benefits, how it works, and how it can streamline your bonding process.

Insurance Topics:

• Insurance requirements for standard construction contracts
• Variations in coverage requirements
• Course of construction and delayed start-up coverage
• General and wrap-up liability details
• Essential insurance certificates and documents

Surety Bonds Topics:

• Basics of bonding and its requirements
• Types of bonds and prequalification documents
• Requesting bonds and bonding letters
• Components of a surety facility and maintaining it
• Information collection and broker expectations

What’s New in the Bonding & Insurance:

• The Evolving Insurance Market: Insights into the current insurance market dynamics and their implications for project-specific policies.
• E-Bonding: Discover the latest in electronic bonding, including its benefits and how it streamlines the bonding process.

Anyone in the industry looking to enhance their knowledge of construction insurance and surety bonds.

Patrick Smoke & Sokoeun Yem 

Apex Surety & Insurance Ltd.