Most agents and brokers are aware that performance and payment bonds address the risks involved when a contractor or design-builder defaults when building a construction project.

But not all bonds are created equal.

Here, Stan Halliday, chief underwriting officer for Travelers Bond & Specialty Insurance, Construction Services and National Accounts, shares insights about expedited dispute resolution (EDR) bonds.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.