When One Door Closes, Another Opens

Post by – Joe Allen – When a standard underwriter declines an account,  agents typically proceed to look for other options. Sometimes, those other options can be direct competition. CCI Surety, Inc. is a non-standard bond market specializing in bond accounts that are declined by standard markets. We do not compete with standard markets. Rather, […]

New Year, New Bond Needs

Post by – Joe Allen – New Year, New Bond Needs                    Michael Williams                  CCI Surety, Inc.                    Aimee Henard                     The Main […]

New SBA Guildlines

Post by – Joe Allen – CCI Surety Can Help Rapidly Growing Contractors! ✯ Five-Year average revenue is now an option✯ ✯ Three-Year average revenue can still be used✯ ✯ We can review existing accounts under the new guidelines✯ Effective January 6th, 2020 new rules will be implemented when calculating a contractor’s size in the SBA Bond Guarantee […]

2020 Bonds Needs

Post by – Joe Allen – Happy Holidays From CCI Surety, Inc.   CCI Surety would like to thank everyone for another great year!   As we enter into 2020, be sure to address your clients upcoming bond needs. Any hesitations open an opportunity for someone else.   Whether you have a contractor declined due to […]

End of year Contract Surety needs

Post by – Joe Allen – Timing is of the utmost importance! As November begins (already!) many contractors are looking to finalize their end of year bond needs. There is a reason so many standard carriers utilize CCI Surety as a referral resource. Our in-house underwriting authority, experience, and relationships in the industry allow us […]

Commercial Bond News and Renewals – 10/22/2019

Post by – Joe Allen – Upcoming Bond Renewals – 12/31/2009 Illinois ✯Designated Agent✯ ✯Residential Mortgage License✯ Indiana ✯Mortgage Broker✯ Louisiana ✯Motor Vehicle Dealer✯ Michigan ✯Mortgage Loan Originator✯ Montana ✯Motor Vehicle Dealer✯ Nebraska ✯Collection Agency✯ ✯Motor Vehicle Dealer✯ ✯Motorcycle Dealer✯ ✯Wholesaler✯ Oklahoma ✯Motor Vehicle Dealer✯ Texas ✯Comptroller✯ Market Update CCI Surety now has the capability […]

Market Update – FL FRO & FL 660 License Bonds

Post by – Joe Allen – $100,000 FL Financially Responsible Officer (FRO) Bonds CCI Surety, Inc. now has the ability to quote FL FRO bonds with NO CREDIT CHECKS and NO INDEMNITY! FL Construction Industry 660 License Bonds CCI Surety, Inc. now has the ability to quote FL Construction Industry 660 License Bonds with NO INDEMNITY and starting […]

Why am I being required to obtain a Bid Bond? Performance & Payment Bonds?

Post by – Joe Allen – Why am I being required to obtain a Bid Bond? A bid bond provides financial protection to an owner if a bidder is awarded a contract but fails to sign the contract or fails to provide the required performance and payment bonds. Bid bonds also help screen out unqualified […]

Contract Surety

Post by – Joe Allen – Subdivision – Reclamation – Maintenance – Bid – Performance & Payment – Supply Stuck with collateral offers? Looking to grow out of a quick program? New business looking to obtain bonding? Project already started? Declined by Standard Carriers? If any of the above pertains to your contractors, give us […]

Larger Bonds

Larger Bonds Contractors can be pre-qualified for larger bonds CCI Surety focuses on helping contractors obtain larger bonds. Sometimes a contractor may be able to qualify for bonds through quick programs that limit the size of project that can be bonded. With standard markets, larger bonds often require CPA prepared financial statements in order to […]