With the Automated Bond Management Program, the brainchild of Lockton Insurance Brokers (a subsidiary of Lockton, www.lockton.com) and InSure Vision Technologies (www.insurevision.com) users can manage bond portfolios for homebuilders across the country.

The program represents an integration of IVT's SurePath Network-a Web-based bond processing system-and Lockton's proprietary bond management software. According to the companies, the product "provides a seamless information and transaction environment among homebuilders, Lockton's surety professionals, and insurance carriers."

Homebuilders with access to Lockton's system use a single entry point to request bonds from anywhere. The company then retrieves the requests, processes them, and carries them to execution without data entry duplication.

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