Crowstone Agencies Ltd
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  • Home
  • Delegated Authorities
    • Larger Delegated Authorities
    • Smaller UK and Irish Delegated Schemes
  • Facultative Risks
    • Bonds & Sureties
    • Waste & Recycling Risks
    • Medical Malpractice
    • Accident & Health
    • Mid-Cap Commercial Combined Risks
    • HNW & Ultra High Net Worth
  • Contact Us

Bonds & Sureties

Bonds and sureties provide additional security for companies such as guaranteeing the solvency of a contractor, the performance of a construction build, satisfying the requirements of a Municipality or Council, guaranteeing the payment of customs duties or guaranteeing the removal and treatment of waste/recycling.

The benefits can be for any solvent company undertaking work that requires a guarantee, that the company is able to conclude a specific contractual arrangement and therefore with the support of a bond, win that contract.
We can assist with the following Surety Bonds: 
  • Performance Bonds
  • Retention Bonds
  • Advance Payment Guarantees
  • Supplier Payment Guarantees
  • Commercial Rent Guarantee Bonds / Tenant Default Bonds
  • Local Authority Bonds
  • Environmental Agency/Waste removal Bonds 
  • Revenue and Customs Bonds
  • Duty Deferment Bonds
  • Road Bonds
  • Sewer Bonds
  • Construction Guarantee Bonds
  • Deposit Guarantee Bonds
  • VAT Guarantees / Warehouse Guarantees
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We can also place travel bonds for the financial failure of travel agents and tour operators together with entities that require travel disruption covers.
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Bonds and sureties are attractive to general brokers as there are a limited number of specialists and markets, rates vary between 2% and 10% of the bond amount and therefore produce sensible levels of commissions. Furthermore, by placing a bond (arguably the hard part) the broker would then have access to the other general insurance products required by the client.
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+44 (01702) 345936

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Stuart Lee  
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slee@crowstoneagencies.com 

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​Stephen Bottley 
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sbottley@crowstoneagencies.com

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