Tim Rotondi

Surety bonds don't protect the person buying one; they protect the entity requiring it. So the applicant's credit history is at issue. 

Imagine if your agency was the top result on Google to questions about how much coverage costs or what policy a business needs.

With automated financial underwriting, the provider can instantly quote and issue bonds that previously took hours or even days. 

Brokers boast about being able to instant issue surety bonds, but all they're doing is auto-filling PDFs with no underwriting criteria.

Independent agents must implement AI -- intelligently and carefully -- into their operations or risk being passed by those who do.

But, with carriers running so many ads focused on price, agents need to work hard to get consumers to focus on the differences between policies.