Surety

U.S. Insurance Products
Surety Bond provides surety products to general, trade and heavy contr

Overview

Our Surety practice provides a range of surety products to general, trade and heavy contractors. Our detailed analysis and consistent underwriting approach coupled with respected claims handling make us the market choice for key producers.

Target Clients

Sompo International Insurance's Surety practice focuses on financially stable contractors with a record of successful project completions. Target classes include:

  • General, trade and heavy contractors
  • National and international corporations
  • Construction, service, supply and manufacturing  accounts with an emphasis on transportation and waste sectors
     

Products

Our Surety practice offers the following products: 

  • Contract Performance & Payment Bonds
  • License & Permit Bonds
  • School Transportation Bonds
  • Probate & Court Bonds
  • Bid Bonds
  • Non-Construction Performance Bonds

Capacity

  • Aggregate Bond Program limits up to $50M

Underwriting/ Claims Capabilities

  • We have extensive experience working with contractors and surety agents
  • Consistent underwriting approach
  • Dedicated claims team with specialized surety expertise

Financial Strength

Leadership

Brian Beggs
EVP, Surety
Tel. +1 646 681 0192

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