Throughout Australasia, contractors are often required to arrange security in the form of guarantees or bonds of up to 15% of the contract value. This is a major risk that needs proper management.
Surety bonds are a viable alternative. What are surety bonds you may ask? They are a type of contract that permits principals and contractors to comply with employment requirements without using bank guarantees that dilute available equity. These bonds can be issued in Australia or internationally.
This is a highly specialised area and few brokerages are equipped to help you navigate through its complexities. Fortunately, Emjay Insurance Brokers has the expertise to ensure your business meets the specific pre-qualification criteria required.
How we can help
We can assist your facility with:
- Construction Surety – solutions, project analysis, contract reviews, day-to-day construction bond execution
- Commercial Surety – court appeals, bank depository, landfill closure, workers compensation, rental bonds
- International Surety – advance payments, trade guarantees, construction, additional bank lending capacity
Hear from our clients
"We have been involved with WCR /Emjay Group for over 15years. Their commitment to improving our Workers Compensation/Risk Management issues has given our business the re-assurance that best outcomes are always achieved. You will not be disappointed with their service."
"Powerful Organisation with a strong desire to achieve the absolute best outcomes for PYBAR. Great business partners who understand our business and have our utmost respect. Thanks guys."
"If your business is labour intense you need the services offered of Emjay Group. I would not want to be in business without the comfort of knowing they are involved in managing our risk exposures and costs."
"With a high proportion of casual staff we constantly face work related injuries. Thanks to Emjay Group we no longer feel management of our claims and associated costs are uncontrolled."