Bill Martin, Vice President of Surety, talks about Safety National's Self-Insurance Bonds and Large Deductible Credit Risk
As the leader in products for self-insured employers, our Self-Insurance Bond unit represents the industry standard for expertise and creative solutions. Our professional staff brings knowledge and enthusiasm to the often challenging task of complying with regulatory security requirements for our self-insured and prospective policyholders. Given our decades of experience in this area, we can help simply by knowing whom to contact and what questions to ask, for most jurisdictions.
More often than not, Self-Insurance Bonds can be an integral part of a self-insurance program. At Safety National, our extensive knowledge, creative problem solving, and can-do attitude makes the difference for our customers in this area.
Large Deductible Credit Risk
Safety National recently started accepting Large Deductible Bonds from pre-qualified carriers. Large Deductible Credit Risk evaluation and the determination of collateral requirements can be an integral part of a casualty program. Our unique approach to underwriting credit risk allows flexibility in setting collateral terms.
One of the main advantages of working with Safety National in credit risk and surety bonds is our flexibility on the issue of collateral requirements. We complete extensive research and underwriting evaluations and take the time to get to know our insureds. This allows us to set better, individualized terms, as opposed to merely looking at a computer system or a guide booklet.