In today's global contracting landscape, performance bonds have become the financial linchpin ensuring project completion. But why do over $9 billion in construction claims annually involve bond-related disputes? The answer lies in a fundamental mismatch between traditional assurance models and modern risk dynamics.
What determines whether individuals or organizations fall into insured systems versus non-insured systems in our increasingly interconnected world? Recent WHO data reveals 29% of global healthcare expenditures remain uncovered by formal protection mechanisms. This disparity raises critical questions about systemic resilience and equitable access.
Global adoption of lease and financing models has grown 18% since 2020, yet 63% of SMEs still struggle to access flexible capital solutions. What makes these financial instruments simultaneously ubiquitous and inadequate? The answer lies in evolving market demands clashing with legacy systems.
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