Course Course Summary Section 1 Content Section 1 Content Left Section 1 Content Right Credit Type: Course ACE ID: AICP-0015 Organization's ID: AFSB 152 Organization: American Institute For Chartered Property Casualty Underwriters/The Institutes Location: Classroom-based Length: 12 weeks (48 hours) Dates Offered: 8/1/2017 - 1/31/2021 8/1/2010 - 7/31/2017 9/1/1992 - 7/31/2010 Credit Recommendation & Competencies Section 2 Content Section 2 Content Left Section 2 Content Right Level Credits (SH) Subject Lower-Division Baccalaureate 3 Contract Surety or Business Law or Finance Description Section 3 Content Section 3 Content Left Section 3 Content Right Objective: The course objective is to provide students with an in-depth knowledge of contract surety bonding. Learning Outcomes: Describe the legal framework for contract bonding Identify and apply contract bond claim procedures Apply key production and underwriting contract bond concepts and principles Analyze and evaluate construction contractor financial and credit information General Topics: Foundations of contract bond suretyship Legal aspects of contract bonds The contract bidding process Foundations of contract bond underwriting Financial statements Analyzing work in progress Techniques for analyzing contractors' financial statements Analyzing a contractor's financial statement Trend analysis and forecasting Underwriting other contract bonds and special situations Contract surety claims Instruction & Assessment Section 4 Content Section 4 Content Left Section 4 Content Right Instructional Strategies: Case Studies Practical Exercises Methods of Assessment: Examinations Minimum Passing Score: 70% Supplemental Materials Section 5 Content Section 5 Content Left Section 5 Content Right Section 6 Content Section 6 Content Left Section 6 Content Right Button Content Rail Content 1 Other offerings from American Institute For Chartered Property Casualty Underwriters/The Institutes Addressing Commercial Liability Risk (AICP-0052) Addressing Commercial Property Risk (AICP-0051) Claims in an Evolving World (AICP-0127) Connecting the Business of Insurance Operations (AICP-0053) Developing Personal Insurance Solutions (AICP-0098) Evaluating Commercial Underwriting Risks (AICP-0139) Exploring Reinsurance Products and Transactions (AICP-0104) Holistically Assessing Risk (AICP-0158) Impacting the Bottom Line of Insurance Financials (AICP-0056) Increasing Your Insurance IQ (AICP-0156) View All Courses Page Content