The Impact of COVID-19 on the Surety Industry — What Contractors Need to Know

Date and Time

Tuesday Jul 21, 2020
2:00 PM - 3:00 PM CDT

The Impact of COVID-19 on the Surety ...

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Description

Date: Tuesday, July 21
Time: 3 p.m. EDT
Speakers: Julie Alleyne, The Surety & Fidelity Association of America; Michael Gross, CNA Surety; Thomas O. McClellan, Zurich Surety; Steve Nelson, Markel Surety
Moderator: Mike Bellaman, ABC National
 
Learn from seasoned surety industry leaders how contractors should protect themselves contractually during the pandemic and pitfalls to avoid. Find out how the current construction market compares to the market following the 2008 financial crisis; how the surety market could be impacted based on anticipated changes in the construction industry and how the surety industry will perform. Panelists will also discuss bonding capacity and/or the ability to get bonding, the ability to call on a bond of a contractor impacted by the pandemic and insights into current and anticipated claim patterns due to the pandemic.
 
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