Reverse Flow

Surety Bond House and CNA Surety’s International capabilities are primarily focused on foreign owned construction and commercial enterprises that have substantial operations and bond needs in North America. Such business is commonly referred to as Reverse Flow within the surety industry. We actively target reverse flow accounts that have $250 million+ in sales, tangible net worth in excess of $100 million and strong cash-flow and operating results.

 

The ability to perfect the foreign parent company’s guarantee, in addition to the strength and indemnity of the North American operations, is often what allows CNA Surety the opportunity to participate on some of the largest surety programs arranged in the world.  In many cases, multi-billion dollar programs are put together on a syndicated or “co-surety” basis due to the sheer size of individual projects or aggregation of risk.  Our preferred target market is ENR top 225 list of global contractors.

 

In addition to Reverse Flow business, CNA Surety has two full service international branches in Toronto, Canada and San Juan, Puerto Rico.  The company also manages a growing network of international “fronting” relationships which allow for CNA Surety to service bond requests for existing CNA Surety clients in many countries around the world on a reinsurance basis.  Adequate lead time is generally required in order to properly service international “fronted” bonds due to differing contract laws, language and reinsurance practices.

 

Please reach out to inquire further 800. 434. 3566