Gracher Surety Nederland was involved in the successful structuring of the part that involved aligning multiple surety companies in order to issue the needed long term Performance bond. All parties involved reached agreement and met all the various international and local regulations, obligations that need to be tackled just before the deadline. This was a splendid example of all parties doing their utmost in trying to achieve the best possible result for the ultimate client in this cross continental endeavour.
The webinar on “Utilization of German guarantees – the credit insurer’s point of view” took place on September 24.
These were the topics of the webinar:
- Claims processing of warranty guarantees and contract performance guarantees
- Procedure for claiming benefits
- Requirements: necessary documents and prerequisites
- common grounds for refusal
- Recourse by the policyholder
Daniel Schlachter, Ass. jur. of R+V Versicherung
Alfons-Maria Gracher, founder of the leading German deposit service provider Gracher
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