So XL is teaching contractors how to be surety bond underwriters? I guess this is a natural progression in the SDI product but it seems like it would be easier for general contractors to go the traditional route and bond their subs and let the bonding companies absorb the associated pre-qualification costs via the bond premiums they charge.
So XL is teaching contractors how to be surety bond underwriters? I guess this is a natural progression in the SDI product but it seems like it would be easier for general contractors to go the traditional route and bond their subs and let the bonding companies absorb the associated pre-qualification costs via the bond premiums they charge.