Guarantees via the insurance market have established themselves as a mainstay in the overall financing of companies. Historically, the surety insurance market has its origins in the construction industry, where the majority of all guarantees are still issued today. However, the dependence on individual sectors is dwindling more and more. As a result, insurance companies can now offer sureties and guarantees in almost all sectors and have therefore established themselves as a significant alternative to traditional bank guarantees. Thanks to their independence in the context of overall financing, insurers offer their customers additive guarantee limits that supplement the existing credit lines with the banks and at the same time relieve the burden. In contrast to banks, insurance companies generally do not charge closing or commitment fees and do so at comparable interest costs.
With our network, our deep understanding of client needs and the knowledge from our underwriting expertise help you to find a suitable surety provider and cover your guarantee requirements worldwide via the insurance market.