LEIA Seminar 2015: Bonds, Indemnities and Warranties

On 26 March 2015, we were invited to speak at and sit on a Q&A panel session at a Lift and Escalator Industry Association (LEIA) seminar held in Birmingham. The event – ‘Bonds/Indemnities/Warranties’ – invited members of the lift and escalator industry’s trade association to learn more around the subject of on-demand and performance bonds, third party warranties and indemnities. The seminar provided a great opportunity to gain insight into industry perception, expectations and demands around these products and we thought it would be useful to cover these subjects over a series of blog posts, starting with ‘bonds’.