Billy Gerber

Small Contractor Manager at CCI Surety, Inc.

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Minneapolis, United States

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CCI Surety, Inc.

CCI Surety, inc. is a specialty underwriter for contract surety bonds. Usually these are bid bonds or payment and performance bonds but they could also be maintenance bonds or miscellaneous bonds. More specifically we target non-standard accounts that are turned away by standard markets. These accounts could include accounts turned away by quick programs, standard accounts that are looking for larger bond lines, or accounts that have credit difficulties or financial issues. Our underwriters review these types of accounts every day. We are able to accomplish this by utilizing a combination of funds control, the U.S. SBA Bond Guarantee Program, collateral used as working capital on the bonded project and third party indemnity. Each case is different, and our underwriters are trained to give you all options available to meet the bond need.


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11-50

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