In this session, attendees will learn how the surety uses the contractor’s financial reporting as part of its underwriting process. Attendees can use this knowledge to obtain more surety capacity and maintain a successful relationship with their bonding company.

Learning Objectives:

Identify statements required under GAAP and statements sureties focus on
Analyze statements “as given” vs. “as allowed” by sureties
Explore trending analyses and impact on CPA and surety analysis
View sample financial ratios
Review characteristics of failure

Carl Castellano

Philadelphia Insurance Companies

Appearances