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In Surety Bond underwriting, a Prinicpal’s preceived ability to live up to their commitments. Character is part of The 3Cs of surety bond underwriting along with Credit and Capacity. A surety bond underwriter looks at a Principal’s history of dealing with employees, suppliers, owners contractors and surety bond companies to help them determine a Principal’s character. Surety Bond underwriters often want to have annual meetings with the Principal as well to establish Character. More can be read on Character and the 3Cs here.

Vice President at Axcess Surety
Vice President of Axcess Surety. Surety Bond and financial expert dedicated to helping businesses and individuals understand and obtain surety credit.
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