Commercial Insurance

Performance Bonds

Performance Bonds offer security to employers in the instance that a developer or contractor default on the contract. We specialise in arranging Performance Bonds Insurance, which underwrites the contractor’s obligation to the employer and ensures payment in such circumstances.

In the UK construction industry, Performance Bonds tend to be ‘conditional’, which means payment is conditional upon the employer proving the loss suffered and may well involve litigation before payment is made. 

With access to specialist insurers, we can arrange for Performance Bonds to be issued, enabling contractors to satisfy the contractual demands of the project and secure work.

Claims

In the event of needing to make a claim, you will find our in-house claims team helpful, honest and knowledgeable.

Would you like to find out more about out Commercial Insurance services?

Contact a member of our team today.