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

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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