New Player in Bonds and Guarantees Market

Credit Guarantee, South Africa’s largest credit insurer has officially entered the Bonds and Guarantees business.

Rhyna Brand, Manager of Sureties at Credit Guarantee, comments, “With capacity in the South African market being stretched, our entry into the market could not have come at a better time. The construction industry has needed a new player and our 56 years of experience in underwriting credit risks ideally places us in a position quickly and affordably to provide bonds and guarantees across multiple disciplines.”