Are your clients not able to qualify for a DMEPOS bond due to lower credit scores? We Can Help! If your insured has an unsatisfactory credit history report or unfavorable financials, Goldleaf underwriters’ experience and our access to many surety markets allows us to place bonds when others may not be able to. What is a DMEPOS Bond? Medicare Bonds, often referred to as DMEPOS Bonds, are mandatory for manufacturers and suppliers of durable medical equipment, prosthetics, orthotics and … [Read more...]
Archives for 2016
Protecting Yourself During a Construction Project
According to BusinessDictionary.com, risk management is defined as the identification, analysis, assessment, control, and avoidance, minimization, or elimination of unacceptable risks. An organization may use risk assumption, risk avoidance, risk retention, risk transfer, or any other strategy (or combination of strategies) in proper management of future events. Goldleaf Surety Account Specialists spend a good deal of time discussing risk management with our clients because successful … [Read more...]
Goldleaf Surety Assists Glass and Glazing Contractor
Goldleaf Surety Services recently assisted a large general contractor's glass and glazing division obtain bonding on a $6,500,000 project for the operable window system, glass, and glazing to a luxury suite renovation at an NFL stadium. In addition to the challenges relating to the type of work being done and the size of the contract, this bond included review of six related entities to include on the indemnity agreement; a multiple oblige rider to included 5 obliges; and obtaining an All's … [Read more...]
Goldleaf Surety to Attend IIA of Nebraska Trade Fair
Goldleaf Surety's New Business Intake Manager Lori Olson will be attending the 2016 Independent Insurance Agents of Nebraska's Annual Convention and Trade Fair. This year's convention is being held at the Younes Convention Center in Kearney. We would like to invite you to visit our booth at the Trade Show on Tuesday, October 25th from 4:30 p.m. to 7:30 p.m. Stop by to discuss how our experienced staff can assist you and your agency with all of your bonding needs from performance bonds to … [Read more...]
Bankers Blanket Bond
Kansas Bankers Surety (KBS) who specialized in the writing of financial institution bonds for banks has announced that they are withdrawing from bank insurance sales effective June 1, 2016. With their withdrawal, many banks will need to find a new surety market for their bankers blanket bond. Goldleaf Surety works with several surety companies who are excellent markets for this bond. The bankers blanket bond is fidelity coverage that offers protection to financial institutions for risks … [Read more...]
Goldleaf Update On Surety Marketplace
Currently, the surety industry has a lot of excess capital. This translates into surety companies being fairly aggressive for good, solid contractors. Surety companies are willing to look at expanding the capacity of contractors and providing better terms to good accounts. As a result of the soft surety market mentioned above, Goldleaf Surety recommends that good, solid construction companies have a surety checkup periodically to ensure that they are getting the best possible surety … [Read more...]
Goldleaf Surety to Attend Iowa IIAB Trade Show
Goldleaf Surety's New Business Intake Manager Lori Olson will be attending the 2016 Independent Insurance Agents of Iowa Annual Convention, Trade Show and EXPO. This year's event is being held at the Prairie Meadows Convention Center in Altoona, Iowa. We would like to invite you to visit our booth (booth #17) at the Trade Show on Wednesday, September 14th from 3:30 p.m. to 7:00 p.m. Stop by to discuss how our experienced staff can assist you and your agency with all of your bonding needs … [Read more...]
Goldleaf Surety to Attend Minnesota PIA Education Day
Goldleaf Surety's New Business Intake Manager Lori Olson will be attending the 2016 Minnesota Professional Independent Agents Education Day. This year's event is being held at the Canterbury Park Expo Center in Shakopee. We would like to invite you to visit our booth at the Trade Show on Thursday, September 8th. Stop by to discuss how our experienced staff can assist you and your agency with all of your bonding needs from performance bonds to almost every other type of surety and fidelity … [Read more...]
Goldleaf Surety Attends PIA of Wisconsin Trade Show
Goldleaf Surety's Regional Sales Manager Kevin Kohlbeck attended the 2016 Professional Insurance Agents of Wisconsin Annual Convention and Trade Show. This year's convention was held at the Radisson Hotel & Conference Center in Green Bay. Goldleaf Surety was one of over 60 participants at this year's trade show which was held on August 4th from 12:30 to 3:00 p.m. It was a pleasure to see familiar faces as well as to meet many new agents from all over Wisconsin. It was the perfect … [Read more...]
Goldleaf Assists Fiber Optic Companies with Bonding
Over the last several months, Goldleaf Surety has assisted several fiber optic company's obtain the bonding support they needed. Working with our surety partners, we were able to obtain bonds in situations where others had said no. Each situation below had factors which Goldleaf Surety was able to understand and present to a surety so that they were comfortable with the risk. Assisted a private equity owned company which designs, installs and maintains private fiber networks for schools, … [Read more...]