Performance Bonds and Guarantees

The underwriting of almost any risk activity may be possible via a range of innovative insurance instruments, for example:

• Lease Commitment Gap Cover: covers any shortfall in leasing required by a financier at project completion
• Performance Guarantee Bonds: can be used to underwrite a builder’s performance in a project
• Financial Guarantee: similar to a traditional Bank Guarantee
• Purchaser’s Settlement Default: the performance of a purchaser in its contractual obligation to settle
• Contract Bonds: similar to Performance Guarantee, is underwrites a party’s performance according to the terms of a contract.

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