Technology’s Impact on the Canadian Bonding and Surety Market
Explore the increasing influence of technology on the bonding and surety market, and learn how insurance brokers can adapt and thrive.
Explore the increasing influence of technology on the bonding and surety market, and learn how insurance brokers can adapt and thrive.
Explore the increasing influence of technology on the bonding and surety market, and learn how insurance brokers can adapt and thrive.
BONDS
MARCH 24 2023
Construction projects involve significant risks, including financial risks, safety risks, and legal risks. To mitigate these risks, parties involved in construction projects commonly use surety bonds.
Surety bonds are legal agreements that provide financial protection to the parties involved, including project owners, contractors, and suppliers. In this article, you will learn more about the importance of surety bonds in construction projects, the types of surety bonds commonly used, and how they work.
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