We know that, when surety claims happen, the resources of bonding companies are sometimes stretched to the point where outside management support is required. Working with our client's management and claims adjusting team, we offer services in support of all phases of the surety claim management process including:

• investigation and collection of relevant current information
• initial determination of the Surety's exposure
• analysis of the Surety's options under the bond coverage
• assistance in the determination of the intervention strategy jointly with the Surety's management team and outside counsel
• investigation and negotiation of lien and payment bond claims
• negotiations with the owner, consultants, sub-contractors and suppliers, bankers, government agencies, unions, trustees and other participants involved in a bond default situation
• financial and technical monitoring of the construction phase when the Surety decides to complete the work
• re-tendering process when the Surety decides to relet the completion of the work
• negotiations for recovery from owners for additional compensation legitimately owed to the defaulting contractor
• negotiations for recovery from personal and corporate indemnitors
• postmortem analysis during the close-out process of the claims file

Our surety claims management services are provided in accordance with the business philosophy of the Surety and in conformity with the Surety's claims adjusting practices.