Surety - is a promise by a surety or guarantor to pay one party (the obligee) a certain amount if a second party (the principal) fails to meet some obligation, such as fulfilling the terms of a contract. The surety bond protects the obligee against losses resulting from the principal's failure to meet the obligation.
Our dedicated surety department creates relationships with clients and insurance companies to efficiently issue and track all the bonds needed to run a business. By combining a staff of surety-only professionals and a long list of surety providers, we find the best possible partnerships for our clients.
Our expertise in specific industries that require surety credit gives us the market leverage necessary to bring specialized solutions that minimize risk to your organization. Whether the need is to reduce or eliminate collateral or simply find sufficient and reasonable capacity, our surety practice can get it done.
Our creativity in bringing solutions is supported by an experienced staff that delivers exceptional service. Assurance’s 27 surety provider partners also give us the flexibility to match your company and industry with the best surety partner. Our staff is ready to help in the following ways:
We can help you take your surety program to the next level. See why 98% of our clients would recommend us:
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