Execution

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The entire bond processing life cycle is supported.

3-Minute Bond Execution
Issue Riders / Endorsements
Cancellations / Reinstatements
Renewals
Percentage of Completion

All processing takes place through easy to use web pages over the Internet.


Figure 8 - Basic Execution

Processing is streamlined by defaulting information, such as the Attorney-in-Fact, dates, and information for standard principals.  For obligee specific bond forms, obligee information also defaults automatically.  If you've set everything up for a client (defined a Program with a Rate Code, etc.), execution is even more streamlined.

If a new bond fails to execute because a limit is exceeded, or a bond number is not available, the information will be converted into a bond request to prevent a duplicate entry.

E-mail notifications keep you informed if a client requests a bond or executes a new bond.  You can also forward / send notifications of other transactions to clients or underwriters as needed.

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For a live demonstration of SurePath and SureForm, please contact our Los Angeles office at (818) 783-3460, our email us at info@insurevision.com.