Unsung Heroes: Surety Bonds

They’re a form of insurance that’s been around for millennia. Here in the U.S., they’ve been mandatory on all federal public works projects since 1894. They’re also integral to the importation of goods by foreign companies and ensuring that essential public services like garbage collection keep running smoothly. But despite how much we depend on surety bonds every day, most people don’t know much about them.On this episode of Wheel of Risk, host Alix McCabe explores the often-overlooked offering with the help of three members of Allianz Trade’s “surety squad”; Nick Verna, Regional Head of Surety for Allianz Trade Americas; Nicole Beck, Underwriting Director, Commercial Surety at Allianz Trade in the U.S.; and David Brehm, Underwriting Director, Contract Surety at Allianz Trade in the U.S. Together, they explain the role of surety bonds across a variety of industries, answer the most commonly-asked questions, and arm business owners and contractors with the knowledge they need to decide if a surety bond is something they should talk to their broker about.

Om Podcasten

Picture this: It’s the middle of the night and your company’s shipment is stuck halfway around the world, hopelessly snarled due to an unexpected trade embargo. You’re hemorrhaging money. Wide awake, worried, your mind goes round and round in circles like some high stakes wheel of fortune. In the world of international trade, there’s no shortage of things that can keep you up at night. But here’s the good news – you’re not alone. "Wheel of Risk" is a brand new podcast – brought to you by Allianz Trade – designed to help you keep your business safe, secure, and well ahead of the competition. Every episode, host Alix McCabe talks to business leaders and experts who’ve faced, and overcome, real trade-related challenges to keep their businesses alive and thriving. They know what it means to truly protect their organizations and themselves. They learned the hard way, so you don’t have to. So go ahead – spin the wheel – we’ve got you covered! Euler Hermes North America Insurance Company and its affiliated debt collection company are part of the Allianz group and market their products and services using the ‘Allianz Trade’ trademark.