Surety is a Tri-Party agreement between the Principal, Surety and Obligee. This presentation will focus in on the surety aspect of developing land. We will start with the basics of what surety is (and what it is not), explain the benefits of using surety and speak to the underwriting process. Well explain exactly what you need to know about surety as a developer. We will cover the underwriting process in depth.Why use Surety at all?
Free up working capital
Allows for recording of final plat prior to construction
Expertise in regards to:
Bond form review
Onerous statute review
Claims handling
About our speakers:
Kara Skinner, Owner/President Integrity SuretyKara is a third generation surety professional and has over 25 years of specialty surety experience. She has held management positions in almost every aspect of the industry and is licensed in all 50 states. She obtained her Bachelors of Science in Business and continues her education through many industry recognized programs. Kara is past President of the Surety Association of Washington, member of the National Association of Surety Bond Producers and is an active member of several committees of other Insurance organizations.
Jason Valle, Regional Manager IFIC SuretyJason Valle has been the regional manager for IFIC Surety (Commercial and Subdivision) in the Pacific Northwest since June 2013. Prior to IFIC in Washington, Jason was senior underwriter for IFIC Surety in Florida.At IFIC he overseas daily operations for the commercial and subdivision profit center, his territories include:
Washington
Oregon
Idaho
Alaska
Montana
The IFIC Surety Group specializes in home builder and developer bonding and remains nationally one of the largest writers of this class of business.
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LocationMBA Housing Center (View)
355 116th Avenue SE
Bellevue, WA 98004
United States
Categories
| Kid Friendly: No |
| Dog Friendly: No |
| Non-Smoking: Yes! |
| Wheelchair Accessible: Yes! |
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Contact
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