Powerful!! Awesome! These are serious heavyweights.
Here are two more, a winning pair of FREE CE webinars, heavyweights that will boost your surety career. Last chance to register for these upcoming events:
May 1, 2024, Wednesday “Understanding Financial Statements”
June 3, 2024, Monday “Advanced Financial Statement Analysis”
These accredited CE courses are Zoom webinars you can attend from home or office. Our webinars are wildly popular, free and there are no exams. 3 credits each.
Don’t miss these heavyweights. You’ll learn a lot and have some fun too!
Most surety companies will not accept financial statements that are prepared on a Cash Basis, as it is not an accurate reflection of the company’s assets and liabilities (accounts receivable and accounts payable accounts).
Brought to you by your best carrier for Contract, Site and Subdivision Bonds:
FIA Surety / First Indemnity of America Insurance Company 2740 State Route 10 West, Suite 205 Morris Plains, NJ 07950-1258 Phone: 856-304-7348
FIA Surety: A Carrier Providing A Rated, T-listed bonds in all states!
Was your last CE class a bore, torture that you PAID FOR?!! Here are actual comments from the recent FIA Surety Free CE Zoom webinar.
love the class…will look forward to next months class
Great as always!! Loved it Steve. Thank you.
THANK YOU SO MUCH
Great Course! Delivery/explanation of topics were well explained and easy to follow.
Love the course as always Steve!
love your webinars, Steve
Steve, great job. See you in May & June
Thanks very much, I am scheduled for a another class soon. Looking forward to it
Love it! Always learn something new in your class!
Course was great. I will join future classes for sure.
love these courses, Steve! always so informative and helpful! thank you!
Great Job Steve. keep them coming.
Loved it as usual!
Loved the course – always helpful and learning new things. Thank you Steve!
I loved the course and learned a lot!!
Feel the Love?!!
Join us for the next FIA Surety Zoom webinar. 3 credits, no exam. “Understanding Financial Statements” Click for more info.
FIA Surety / First Indemnity of America Insurance Company 2740 Rt. 10 West, Suite 205 Morris Plains, NJ 07950 Office: 973-541-3417 A carrier providing A rated, T listed bonds in all states!
Rate or Capacity? Which is more important for contractors?
Pork Chops, only $.89 per lb!! But sorry, we’re all out of ’em…
Surety Bonds can be like that: A great price (low rate), but they’re all out – no capacity available. So there lies the answer. An awesome bond rate is useless if the underwriter is inflexible, unresponsive, and does not provide capacity when needed.
This is where FIA Surety comes in! We are highly experienced, big-picture underwriters. Each of our underwriters has between 20 and 40 years experience. You don’t have to train us!!
When your regular underwriters “don’t get it,” give us a call for a creative response. We are true surety experts! Contract, Site and Subdivision bonds in all states.
First Indemnity of America Insurance Company 2740 State Route 10 West, Suite 205 Morris Plains, NJ 07950-1258 856-304-7348
A new applicant called us today regarding a P&P bond they need for a school district project.
I asked: “How did you acquire this contract? (public work is typically bonded) Was a bid bond used? Answer: “Yes.”
He went on to explain that the bid bond provider wants his wife’s personal indemnity, which they don’t want to give. (Apparently this was not discussed in advance!) He owns the company. “She doesn’t have anything to do with it.” I assured him full indemnity is normal, and we typically require it, too.
Challenge Question: What’s the next step to help this applicant?
The client could go back to the bid bond provider and offer them collateral in lieu of full indemnity.
They could offer to sign a “Non-transfer Agreement” which prohibits moving assets between the indemnitor and the non-indemnitor.
If they want us to consider, we could look at those two options.
They could try a new agent and underwriter and may get a different response.
They could offer the school district cash collateral or an Irrevoccable Letter of Credit issued by a commercial bank in lieu of the P&P bond.
They could also offer the school district a Tripartite Agreement – which is a form of funds control.
At FIA Surety, you don’t get knee-jerk reactions. You get thoughtful responses, promptly given. We’re proud of the fact that we’ve been a highly successful “surety only” market for over 40 years. We’ve seen it all – twice!
Put our vast expertise to work and solve your client’s problems.
FIA Surety is First Indemnity of America Insurance Company, a carrier providing A rated, T-listed bonds in all states!
“I just completed my first bond placement with FIA. Their response to my inquires were answered in minutes. They offered terms and conditions that were most satisfactory to my client. They were a pleasure to business with and I look forward to doing business with them in the future.”
You can do betterfor your clients and yourself!
Call us when your next Contract, Site or Subdivsion Bond pops up!
FIA Surety / First Indemnity of America Insurance Company 2740 Rt. 10 West, Suite 205 Morris Plains, NJ 07950 Office: 973-541-3417 Read more 5 star reviews: fiasurety.com
A Carrier Providing A rated, T listed bonds in all states!
OK, the Jelly of the Month Club is AWESOME, but that’s not what we’re talking about…
A few of the actual comments from our 12/1/22 FIA SURETY “Free CE” Zoom webinar on Commercial and Miscellaneous Bonds:
As always, very informative. Thanks.
Great course!
Very informative
Interesting Course
Very good course! Thank you Steve
Thanks Steve, very informative!
Very helpful, thank you Steve!
Thank you Steve. I liked your course. Lots of info!
Great overview of Commercial Surety. Thanks Steve
Always learn something in your classes!
You’re very knowledgeable. Thanks!
You were very informative and patient. Thank you for the class.
Enjoyed the course, very informable.
As someone new to Surety this was very informative. Thank you
Very informative! Great course and great job.
THANK YOU!!
Appreciate the detailed information in your courses, Steve – Thank you!
Our Free CE courses are not only the best / free place to learn about surety, they are also CONVENIENT (attend from home or office) and this gift keeps giving! The course info is all practical stuff you can use, boost your career, serve your clients better (maybe even make MORE MONEY!)
Face it, this is way better thanjelly!
To date we have provided more than 2,000 hours of Free CE education worth over $25,000 in the regular market. AND we just rolled out our schedule for the first quarter of 2023. More great stuff you can use: Click for info!
Find out what you’re missing. Join us.
FIA Surety / First Indemnity of America Insurance Company 2740 Rt. 10 West, Suite 205 Morris Plains, NJ 07950 Office: 973-541-3417
A carrier providing A rated, T listed bonds in all states!
The Land Developer’s money is tied up because an ILOC* was used to secure the township instead of a Subdivision Bond. It’s not too late to fix this critical error! (Why an error?)
Here’s how to do it:
Have your insurance agent contact us or the land developer can call us directly to start the process.
We’ll get to know you and find out about the project.
We approve the bond, and normally no collateral (security deposit) is required!
Contact the planning board and request permission to replace the ILOC with a Subdivision Bond.
We issue the bond. The developer’s ILOC, and the funds that back it are released!!
Maybe you don’t need to be a super expert on Surety Bonds. But you don’t want to be intimidated by the word either…
You can fix that now with our FREE CE program! FIA Surety is a bonding company that has specialized in Site, Subdivision and Contract surety since 1979. We’re also an approved Continuing Education provider.
It’s not too late to register for our 10/1/20 free webinar worth 3 CE credits in NJ, PA, SC,FL, TX and TN. The subject is Understanding Site and Subdivision Bonds.
The 11/2/20 class is on Bonding Basics – fun for all!
Don’t miss out. Learn how to spell B-O-N-D-S and more. The classes are a free service of FIA Surety. No exam. Take the Zoom class from your home or office computer.
