How to Bid with Guarantees in Several European Countries at Once
Entering public tenders in several European Union countries is a great growth opportunity for many companies. The common public procurement framework allows any organization established in a Member State to participate in public tenders in other countries without discrimination. However, the initial excitement often clashes with operational reality: how to meet the requirements of each […]
What is a surety bond?
A surety bond is an insurance policy that guarantees the fulfillment of contractual obligations by a company or individual to a third party. It is a financial tool that provides economic assurance in the event that the policyholder fails to meet their obligations. In the event of non-compliance, the insurer compensates the beneficiary for the […]
Sammy Free stands out at the Fórum Nacional de Seguros 2024: innovation and the future of insurance in Portugal
Last 2 and 3 July, Sammy Free had a notable presence at the Fórum Nacional de Seguros held in Porto, Portugal. This event, one of the most important for professionals in the insurance sector, was an excellent opportunity to exchange knowledge and strengthen networks of contacts. Sammy Free, as a wholesale broker specialising in surety […]
A paradigm shift in the energy market: negative prices and their impact on the sector
An analysis of the incidence of negative prices in the electricity market and the strategies for the sector’s adaptation. In a surprising turn for the European energy market, especially in Spain, negative prices in the wholesale electricity market became a constant during April, setting a record in the sector’s history. This phenomenon, which might seem […]
Reconnecting Europe. Success in Bucharest, at the Brokerslink Europe Meeting 2024
Bucharest, the city that combines historical richness with modern momentum, was the venue for the vibrant Brokerslink Europe Meeting 2024. The agenda, densely packed with debates on the crucial trends of the insurance market, promised and delivered several days of enriching discussions. The event was not only a confluence of experts, but a realisation of business synergy, with an emphasis […]
From releasing banking risk to transforming your business strategy
In the seventh episode of the Sammy Free series, a crucial discussion is addressed that is gaining increasing relevance in today’s financial world: the replacement of bank guarantees with surety bonds. This dialogue highlights the urgent need to adopt new economic strategies, with one of the most important being the transition from bank guarantees deposited […]
The Advantages of Contracting a Plafond Instead of an Individual Policy
Episode 6 of the #SammyFree series addresses a highly relevant topic for companies that need to request guarantees regularly: Is it better to opt for a Plafond or continue with individual policies? In this episode, the main differences between the two options are highlighted, giving us enough reasons to consider the former as a more […]
Uses and Applications of Surety Bonds: A Multisector Guarantee
Episode 5 of the #SammyFree series sheds light on a very useful and often unknown topic: the many applications of surety bonds. Sectors Where Surety Bonds Are Required Throughout the conversation, the importance of this type of insurance is discussed, a key element across a wide variety of sectors and services connected to public administration. […]
Masterclass: Types of Surety Bonds
In the third video of the Sammy Free series, we explore the essence of the surety bond, a key element in the world of public tenders. This type of insurance, often underestimated, plays a crucial role in securing public contracts, offering an effective alternative to bank guarantees. In this episode, the four main types of […]
Sammy Free’s international capacity
In the second episode of the Sammy Free series, the focus is on the company’s international expansion strategy, its commitment to specialized service, and the importance of having offices in key European cities. Since the opening of its branch in Lisbon under the freedom of establishment framework, Sammy Free has experienced constant growth in both […]
SAMMY FREE stands out at the 2nd National Insurance Forum of Portugal
The 2nd National Insurance Forum of Portugal, held last 4 and 5 July, concluded this Wednesday after two days of debates and talks. This important event, which took place at the Alfândega do Porto, was visited by more than 2,000 professionals from the insurance sector. The company SAMMY FREE, represented by Lucas Pereira, territorial manager […]
A sharp rise in rates, hard times for debt
Fernando Favata, CEO of SAMMY FREE, took part in issue number 17 of AGERS’ magazine, titled “Polycrisis”. In the article he gives us his view on the challenges companies have faced in recent years, emphasising the dizzying increase in public debt in just 15 years, an issue that no one seems to want to talk […]