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Credit Solutions Conference flashback
Surety solutions
A Surety bond is a financial instrument through which an insurance company guarantees the successful performance of the business to a third party, known as a beneficiary or employer. Along the years, the Surety industry has continued to diversify and innovate, designing new solutions for corporate and financial institutions worldwide. The Surety market is not expected to harden in 2023, due to the resilience that this market continues to demonstrate, mirrored by the capitalization of the insurers.
As the economy slows and insolvencies rise, applications for Surety solutions have increased. Companies require the right level of insight to design the right solution and maximize the effectiveness of the solutions in place.
Our Credit Solutions Conference provided an opportunity to review the international Surety market and solutions it can provide. In our recorded video, Aon’s EMEA Surety Leader Ruggero Nicodemo leads an experts panel discussion on key trends and client considerations.
Surety deployment
Innovation
Underwriters remain receptive to new ways of deploying surety on a global basis, allowing Aon to creatively find solutions for their clients and continue to offer alternatives to traditional performance and financing needs.
In February 2023, the International Credit Insurance & Surety Association (ICISA) ran a Surety week aimed at increasing awareness of the valuable economic role of surety industry. Experts in the sector, including Kai Stotzel from Aon, shared their views on key issues and trends within the industry.
Specific Surety solutions
Surety structure
Surety key indicators
