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Credit Enhancement Bonding and Insurance. Grant Davis, GDI Insurance Agency, Turlock, CA

www.gdiinsurance.net

Today more than ever construction projects and businesses in general need to stand out as “Credit Worthy”.

Gone are the days of simply showing up at a bank with a “good idea” supported by a “good business plan” and walking out with a wheal barrel full of money.

Today lenders, private equity firms, partners, and even your clients simply expect more. They expect to know exactly what the risk to their money is. They expect that everything that can be done to secure their money has been done.

Yet few and far between are the financial consultants, risk mangers, and yes even insurance brokers that understand this fact, and fewer still are they that can actually pull it off!

I have been an insurance broker for nearly 30 years now. I have constantly run down each and every detail to protect my clients. But it wasn’t until this year 2009 that I was approached by a financial consulting group from Hollywood looking for help putting together a package of products, services, insurance, and non insurance transfers to secure loans for their clients.

At first I simply didn’t think what they were asking could be done. Credit Enhancement is a tall order. But working closely with them, spending hours doing research, and slowing putting together the packages of products, services, and risk management techniques to secure their project. As I completed my new insurance policy Home Buyers Market Value Warranty, and Job Loss insurance to make the mortgagee payments for home buyers. That the light switched flipped on.

Beginning with securing a large construction project GDI has created a package of services, risk management techniques, insurance, and non insurance transfers that protect the owner, and their lenders, partners, etc, Enhancing their a