Marcum’s Marty McCarthy makes sense of contractor data with key KPIs in his latest for Surety Bond Quarterly
Surety Bond Quarterly
By Marty McCarthy, Partner, Tax & Busness
For surety professionals, numbers aren’t just numbers: they’re insights into a business’ functionality. Bond producers and underwriters know that the raw data can sometimes be obscured and is always open to interpretation. Every financial statement and each set of figures suggest a strategy, a cause or effect, or the impact of an economic trend. These taken together with key performance indicators (KPIs) form the basis for the analysis on which the surety industry depends, answering the key questions: where are the risks and how is this contractor likely to perform?