What’s the value of a construction surety bond? Time and money. A new study by Ernst & Young, in collaboration with The Surety and Fidelity Association of America, finds public and private construction projects protected by surety outperform non-bonded projects due to lower rates of contractor default, lower cost of completion in the case of default, and improved or lower contractor pricing, in addition to other substantial benefits. We’ll be joined by SFAA President & CEO Lee Covington, Ernst & Young’s Bob Carroll, and Travelers’ Bob Raney to discuss key findings from the report, one of the first to drill down on the broad value offered by these products. 

Presented by the Travelers Institute, the American Property Casualty Insurance Association, the Insurance Association of Connecticut, Gamma Iota Sigma, the Master's in Financial Technology (FinTech) Program at the University of Connecticut School of Business, the Connecticut Business & Industry Association and the MetroHartford Alliance.

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