What is a Corporate Counter Indemnity?

A Corporate Counter Indemnity is a legal agreement that allows Surety Providers, as guarantors of surety bonds, to be reimbursed if they are required to pay any claims under the bonds they have issued on a company’s behalf.

This agreement reinforces the Surety Providers’ common law and statutory recourse rights against the company and its wider group.

Nationwide Sureties supports clients by explaining the purpose and implications of a Corporate Counter Indemnity, ensuring that agreements are correctly structured and clearly understood, helping companies manage their obligations while securing the necessary bonds.

For more information on What is a Corporate Counter Indemnity? talk to Nationwide Sureties