BONDS

Advent Risk Management Ltd offers new bond facilities enabling the provision of performance and guarantee bonds for companies operating in Ireland, Northern Ireland and Great Britain on behalf of insurer Advent Insurance PCC Ltd.

Advent Risk Management Ltd is regulated by the Central Bank of Ireland. Advent Insurance PCC Ltd is represented by Advent Risk Management Ltd.

Advent Insurance PCC Limited is Authorised and Regulated by the Malta Financial Services Authority.

Reinsurers with investment grade credit ratings underpin this strong product offering with all of them experts within the Bond & Surety market.

BOND TYPES

  1. Contract bond: Bid, performance, advance payment, maintenance, development and retention bonds 
  2. Custom bond: including Custom warehouse, Deferred Customs duties, other custom bonds 
  3. EU guarantees : tender guarantees, compliance with regulation guarantees and other EU guarantees 
  4. Other – Deposit bond.

  

SECTORS

Contract Performance & Advance Payment Bonds are often required by firms in: Construction, Engineering, Specialist Subcontractor services, Project management and Design Build construction.

Customs Bonds are required by Businesses dealing in goods subject to excise duties mainly in the Drinks Industry, Shipping, Transport, Pharmaceutical and Motor trade.

Businesses mainly in food sector or transport may have a requirement for EU Guarantees