Risk
How Surety Bonds and Subcontractor Default Insurance Round Out Construction Risk Management
Protections against subcontractor default are essential risk management tools, making it critical to understand the roles of surety bonds and subcontractor default insurance.
By Craig Tappel
January 13, 2020
Topics
Risk
by Craig Tappel
Craig Tappel is the Chief Sales Officer for global construction insurance brokerage HUB International’s Construction Practice. His experience in construction began when he joined his father working in the family company after college. For 10 years, they worked together as independent risk management consultants serving energy, industrial and construction contractors. This led him to a role as the Chief Marketing Officer for HUB Gulf South. Craig has also held leadership roles at other national brokers and served as a General Manager for an MGA providing contractor package and commercial auto fleet coverage. He holds a number of professional designations including CPCU, CLU, AMIM, ARe, CPA, and CGMA.
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