Commercial Bonds

Financial security solutions for liabilities, acquisitions, and legal obligations.

Deductible Guarantee:

Certain compulsory liability insurance products, such as employers’ liability, require insurers to settle claims without deducting the policy excess. If a client chooses to carry a large monetary excess in exchange for a premium reduction, the insurer may request security, such as a Letter of Credit (LOC) or a Deductible Guarantee, to mitigate the risk of non-payment in case of insolvency.

Pension Deficit:

A pension deficit guarantee provides security to the pension fund in the event of the sponsoring employer/company becoming insolvent or not complying with an agreed deficit recovery plan.

Deferred Consideration Bond:

Should a company being acquiring another entity this sometimes is down on deferred terms, linked to potential share price restrictions or KPI’s, to facilitate this there is the requirement to post security, typically in the form of an LOC or surety bond.

Court Bond:

Where there has been a court ruling or potential court judgment the party owing funds may be requested to post security amounting to the potential loss until such time as a judgment finalised or once a judgment determined to ensure the loss is paid if paying not immediately available.

What Our Clients Say

Having worked with Paul and his team for over twenty years, I have no hesitation in recommending Attis Credit Solutions. As well as sourcing the correct cover for all of our Credit Insurance needs, the team also provide us with on-going insight and sector specific market intelligence, enabling us to proactively manage our risk portfolio and keep bad debt to an absolute minimum.

Operations Director – £200m Energy Provider

Service is extremely important for us when selecting a broker and having experienced a fantastic level of service working with the team at Attis for around 10 years across various companies/brokerages, it was a no brainer for us to appoint Attis. They take time to understand your business and its needs.