There are many perks of working with Big “I" Alliance Blue partner Goldleaf for your bonding needs, but today we are going to highlight just one of the reasons you want to be working with Goldleaf's talented team.
Goldleaf has a goal of consistently searching for the newest and most beneficial programs available for their clients. With access to over two dozen markets, relationships that have developed over the last 25 years, and regular meetings with their surety partners, Goldleaf strives to stay on top of the newest programs and changes in the surety marketplace.
A new program Goldleaf is utilizing is a credit based underwriting program for developers. This program has a $750,000 single bond limit with a $750,000 aggregate limit. This program will typically accept bonds for commercial and residential developers that need subdivision bonds, completion bonds, public improvement bonds, performance bonds, payment bonds, and maintenance bonds. This program will continue to allow the Goldleaf team to assist developers in obtaining bonds quickly and efficiently.
A recent success story with this account was with a developer that was doing public improvement projects that they were being conditioned to build as part of their project. Some of the work that they were doing was street, water, sewer, storm drain, and fiber optic work for approximately $400,000. They were also being asked to provide a maintenance bond for around 10% of their work. Typically, this type of work could not be submitted under a typical credit-based program due to it being public improvement work. With this new program for developers, Goldleaf's Vice President, Rita Jorgenson, was able to get approval for this bond in the same business day.
This is just one example of how the Goldleaf team will always strive to provide agents and clients with access to the best and most efficient services on the market.
Your agency has access to Goldleaf through Big “I" Alliance Blue. Simply log in to www.bigimemberalliance.com, or email allianceblue@iiaba.net and an underwriter will contact you.