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Cover for construction contracts in developing countries
When you work in high-risk or developing nations, principals may request a Bond under contract obligations. Traditional bank guarantees requiring 100% cash collateral impinge cash-flow; an insurance Bond underwritten by an A-rated carrier offers a viable alternative.
As a Lloyd’s Broker specialising in high-risk, politically unstable and remote territories, we have access to leading Construction Surety Bond underwriters.
From roads and highways, to waste and water management, power, telecoms and public building, we can review your Bond requirements and help you to meet contractual requirements.
If you are considering tendering for overseas projects and need independent expertise to help you ensure you are budgeting correctly for required coverage, our tendering service may be of interest.