by admin | Jan 15, 2024 | Insurance, Surety Bonds
A surety bond is a financial instrument designed to protect the parties involved in a contract. It indemnifies these parties against the risk of a broken or failed contract. A surety bond is a legally binding contract between three parties: the principal, the surety...
by admin | Oct 11, 2023 | Insurance
MGAs (managing general agents) fill important roles within the insurance supply chain. If investors understand what MGAs are and how they function, they will be better able to spot potential opportunities. MGAs are insurance agencies that offer underwriting services...