Guarantees are an important demonstration of financial reliability to business partners and clients. They are particularly crucial in mechanical and plant engineering—as well as in manufacturing and the construction industry—for securing contracts, building trust, and winning business in the first place. At the same time, guarantees help preserve liquidity, as they make it possible to avoid large upfront payments in particular.

Surety insurance—that is, securing a business transaction through an insurance policy—helps reduce the credit burden on your primary bank, thereby creating additional financial flexibility. In addition, the terms are often more attractive, and—especially for larger volumes—it is advisable not to rely on just one insurer, but to develop a coordinated, comprehensive solution involving multiple providers.