Surety bonds arranged by Marsh in the insurance market can provide benefit to both the contractor and beneficiary.

To the bonded contractor, they provide protection of the underlying contract conditions, they do not restrict bank facility headroom, they are off-balance sheet and are classed as a contingent liability.

To the employer or beneficiary, they provide a commercial assessment by the Surety underwriter that the bonded contractor has the ability and credit worthiness to perform the contract and they protect against losses suffered as a result of contractual default.