SureBuild℠ offers lenders more than a surety bond for less.
Easy to Call On
Project Completion Insurance is far easier for a lender to call than a bond. If a lender needs to appoint a receiver to a failed project, then SureBuild℠ will fund cost overruns per the terms of the policy.
SureBuild℠ is designed to fund quickly, getting a troubled loan off the lender’s books promptly.
SureBuild℠ costs less than most surety bonds.
Lender is the Beneficiary
Unlike a bond where the beneficiary is the borrower, SureBuild℠ insures the lender as the policy’s direct beneficiary. Lenders no longer need to litigate or work through bankruptcy court, as may happen when calling a bond.
SureBuild℠ is bundled with a comprehensive construction risk management program. This prevents loss, which avoids litigation, and keeps subcontractors on the job in the event of a failure by the general contractor or borrower.
SureBuild℠ gives lenders the reassurance necessary to loan to borrowers who need a little extra boost in their credit profile as well as to those who do not qualify for surety bonds (ex: borrower is GC).
Ms. White is a licensed agent at Saint Vincent, LLC, the managing general agent of SureBuild℠ Project Completion Insurance. She is a licensed producer and surplus lines broker in California, Arizona, New York, Texas, Florida, North Carolina, New Jersey, and Georgia. She is also a licensed CPA in California. Ms. White is directly responsible for managing agency business as it applies to compliance issues, agent licensing and appointments, contracts, and records. She acts as a liaison between Saint Vincent underwriters and underwriters with Lloyd’s of London. Additionally, she is responsible for claims management, and works directly with clients to ensure excellent service and product delivery.
Furthermore, Ms. White has 10 years of experience in corporate accounting and 5 years of experience in internal audit of accounting policies and procedures, with an emphasis on financial reporting and compliance, internal control, and construction risk management/funds control audit oversight.
Ms. White obtained her Bachelor of Science in Business Administration with a Concentration in Accounting at California Polytechnic State University, San Luis Obispo.
Certified Public Accountant
California Resident Insurance Producer – License #0M96321
Arizona Non-Resident Insurance Producer – License #19163138
New York Non-Resident Insurance Producer – License #1553215
Texas Non-Resident Insurance Producer – License #2421958 (General Lines) and #2424237 (Surplus Lines)
Georgia Non-Resident Insurance Producer – License #3279458
Florida Non-Resident Insurance Producer – License # W579102
New Jersey Non-Resident Insurance Producer – License # 3000948945
North Carolina Non-Resident Insurance Producer – License # 19163138
BS, Business Administration – Accounting, California Polytechnic State University – San Luis Obispo