Bonding & Surety Services – We Have You Covered.
BIG Bonding through Talisman Casualty Insurance Company (TCIC) – Talisman Casualty Insurance Company (TCIC) provides a unique solution for contractors who are required to provide surety bonds in the course of doing business. TCIC was established with the goal of allowing Contractors, who have an excellent completions history, to participate in their own company, help establish underwriting protocols, and work together over time to reduce risk to the captive, which will ultimately result in lower premiums. TCIC offers bonding in all 50 states.
Captive insurance companies are insurance companies established with the specific objective of insuring risks emanating from their parent group or groups, but they sometimes also insure risks of the group’s customers. This is an alternative form of risk management that is becoming a more practical and popular means through which companies can protect themselves financially, while having more control over how they are insured.
Although underwriting will involve the review of the financial status and personal credit histories of the principals to be bonded, our contract surety program does not require minimum credit scores, net worth or shareholder equity. Underwriting will be driven by gaining an understanding of the project contract and the contractor’s character and ability.
***Getting approved early will make the bidding process seamless and you will be one step ahead of your competition*** Call today for a no obligation consultation or download our application. The underwriting process is extremely easy, fast and convenient.