Graduation Year
2018
Document Type
Campus Only Senior Thesis
Degree Name
Bachelor of Arts
Department
Economics
Reader 1
Sean Flynn
Reader 2
Ananda Ganguly
Terms of Use & License Information
Rights Information
© 2017 Savannah R. Mellberg
Abstract
The surety bond industry plays a vital role in construction and development and as it grows, the need for efficiency increases in order to maximize profits. Many surety firms have developed streamlined formulas for measuring numerical data however, despite the highly interpersonal nature of surety, the qualitative evaluation aspects of prospective clients remains inefficient. This study utilizes System Dynamics models to demonstrate a format that can easily be applied to the surety underwriting process to better and more effectively evaluate client character, ultimately leading to an increase in profits and productivity.
Recommended Citation
Mellberg, Savannah, "Analyzing and Improving Surety Bond Underwriting Efficiency Using System Dynamics" (2018). Scripps Senior Theses. 1149.
https://scholarship.claremont.edu/scripps_theses/1149
This thesis is restricted to the Claremont Colleges current faculty, students, and staff.
