Unique Surety and Insurance Services, LLC, hereinafter referred to as USIS, has developed and implemented a successful strategy for Equity Partner funds, hereinafter referred to as an EPF, who service their portfolio of client companies providing them with loans, equity positions and related transactions. Our strategy is directed to an EPF that conducts ongoing consultations, financial monitoring, participation in the budgeting and/or marketing to develop business opportunities that directly benefit their individual client company’s top and bottom line. These EPFs assist their clients to pursue additional productive growth enabling their clients to enhance their ability to meet their financial obligations and help them grow the value of each client’s shareholder equity.
USIS has a proven track record of participating as a valued vendor providing strategic guidance to the EPF and their client companies explaining the bonding process, including the best preparation and approach for providing detailed transparent and easy to understand financial information, experience and track record data for the benefit of the bond underwriters to be able to accept a comprehensive bond request submission that is informative enough to quickly encourage the most expedited and positive desired outcome. A complete and informed presentation is the key factor USIS deploys to avoid the disappointment of being turned down for a bonding request and losing the chance to obtain a lucrative opportunity. USIS educates your client company on how to successfully obtain a bond resulting in positive outcome in most cases.
Often a client company discovers a project opportunity requiring a performance bond or a bid bond for a specific project. They contact their existing insurance broker or are referred to a bonding specialist to apply for the bond. The client company is either turned down for their request or cannot obtain the bonding limit necessary to bid or secure a performance bond for the project as applied. The client company feels like a lost ship in a sea they are not familiar with and can’t figure out how to navigate their way to a successful outcome. Properly counseled, a client company can quickly learn how to prepare to best position themselves to become a successful bonding candidate and obtaining the most favorable bonding outcome for this project and to position themselves to acquire additional projects. USIS is a seasoned navigator offering professional surety bond strategic advice which often results in the most efficient path to follow so that they do not miss one or more extremely valuable lucrative business opportunities now or in the future.
USIS invests the time to learn about the strengths and weaknesses of a client company. USIS understands that a surety bond underwriter needs to quickly assess the client company’s ability to perform and probability of completing the project. USIS assists in the preparation of a client company’s application in by first counseling them, often with assistance from their EPF to best portray an accurate and transparent picture showing that the client company has adequate experience, working capital, internal financial controls, requisite processes, staff, and equipment to perform in a timely manner the specifications outlined in a project’s contract. Every bond underwriter wants to approve a capacity line for a candidate who they recognize understands risk mitigation and will be able to navigate through an unexpected crisis and avoid contractual default.
USIS has a proven track record in assisting experienced companies that either are new to bonding or companies that may have outgrown their current agent’s ability due to the restructuring of the company or other complex financial changes due to the introduction of an EPF.
Surety is very different from insurance however it is a component of the insurance industry produced by licensed insurance agents and underwritten by insurance company’s surety division based upon insurance laws of a particular state.
The members, management and staff of USIS in some cases have as much as four decades of commercial insurance experience and is a licensed agency which operates throughout the United States and periodically in many other countries. For the past ten years, the agency has exclusively been specializing in providing only surety bonding and fidelity coverage not general insurance.
Unique Surety and Insurance Services, LLC represents and is granted the Power of Attorney with over fourteen leading insurance companies listed on the Circular 570 US Treasury Department. These highly rated carriers are all rated excellent by A.M. Best Rating Organization. The United States Court system and the United States government, state and local procurement systems will only accept surety bonds from carriers listed on the US Treasury List.
If your EPF desires more productive EBITDA growth to benefit your portfolio of client companies, Unique Surety and Insurance Services, LLC is an experienced trusted resource to add to your successful team and assist in helping your EPF portfolio navigate the bonding path to greater financial success!
We offer strategic advice to help you build your portfolio companies' EBITDA through introducing or increasing capacity with our surety bond program. Often your client companies will have contracts with the requirement to obtain a performance, payment and/or maintenance bond from a US Treasury Listed “Excellent” rated insurance carrier. Unique Surety has the Power of Attorney to issue bonds from more than fourteen of these highly rated carriers. If your client company is new to bonding, we will educate and better prepare them to be ready to promptly acquire their bonds and not miss out on a time sensitive opportunity. Call us to discuss the endless possibilities of increasing EBITDA.
Unique Surety’s surety bond team has been providing performance, payment and maintenance bonds working with the most accommodating and competitive reputable surety carriers servicing clients nationwide for more than 40 years.
We can get you the answers you the answers you need in a matter of minutes by explaining the process to your team and what you can do now to be best prepared to quickly secure a project requiring a performance, payment and maintenance surety bond and not miss out on a valuable opportunity when your team needs a rapid solution.