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Financial Guarantees Helping you source the most competitive quotes from multiple providers In general, a financial guarantee is a promise to take responsibility for another company's financial obligation if that company cannot meet its obligation. The entity assuming this responsibility is called the guarantor. Financial guarantees can result in a higher credit rating, lowering the cost to the issuer. While ostensibly carved in stone, financial guarantors have been known to falter in extreme circumstances, such as the financial crisis of 2007-2009.

Performance Bond Helping you source the most competitive quotes from multiple providers A performance bond is issued to one party of a contract as a guarantee against the failure of the other party to meet obligations specified in the contract. It is also referred to as a contract bond. A performance bond is usually provided by a bank or an insurance company to make sure a contractor completes designated projects. Performance bonds are provided to protect parties from concerns such as contractors being insolvent before finishing the contract. When this happens, the compensation provided for the party that issued the performance bond may be able to overcome financial difficulties and other damages caused by the insolvency of the contractor.

Back to Application forms Latent Defect Last updated: 15 January 2020 Download

Highway Bonds Helping you source the most competitive quotes from multiple providers Road Bonds Insurance is required by the highways authorities for any development where roads are being constructed and will be adopted by the council after completion. If the road is not completed to the specification outlined in the planning approval the council has the resources to bring it up to standard. S38 Agreements cover new roads and S278 Agreements cover work done on existing roads. The amount of security required is determined by the council and is often higher than the developers’ own budget for the work.

Our services Professional services across the UK, US & Middle East Because G&B prides itself on being an international broker we are also able to provide Bonds, Guarantees and Financial Insurances for all other parts of the world and regularly do so. Areas we currently provide or have provided these products include Africa, South and North America including the USA and Canada, the Middle East and Europe Select your region Surety Reinsurance Read more Financial Guarantees Read more Bid/Tender Bond Read more Commercial Rent Guarantees Read more US AIA 310 Read more On Demand Bonds Read more Highway Bonds Read more Single Debtor Credit Insurance Read more Performance Bond Read more Advance Payment Bond Read more Utility Bonds Read more

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Deposit bonds Professional services by experienced people. If you’re looking to take deposits for either a New Build or Re-Development, then we’re able to offer your clients a Bond to secure those deposits against your failure. Simple terms Our simple terms can be up to 3 years and can be up to 50% of the development’s cost Speak to us Global reach Our trusted and professional cover services are available for developments worldwide Speak to us Deposit bond application Download

Help & Support Helping Britain face Covid-19 Take a look Services UK Services For over 10 years we have provided all forms of Bonds for the Construction Industry and in many countries. Learn More Deposit Bonds Providing you with the Insurance support you need to cover your client's initial deposits on developments whether off-plan or refurbishment. Learn More Across the globe We're proud to offer our insurance products across the globe, letting more businesses benefit from experience. Learn More Who we are For over 10 years and with over 40 years experience we've been providing all forms of Bonds, Warranties and Guarantees to companies in all regions of the world and to all Trade Sectors ........... Speak to us Complete this form and one of our Bonds experts will call you back today to discuss your requirements and exactly where we can help. Please allow up to 2 hours for a reply as our team can get very busy. Thanks for submitting! Submit

Back to Application forms Personal Gurantee Last updated: 15 January 2020 Download