Latest Surety Headlines
All the headlines from our Surety Topic Page, ordered by recency.
Hilb Group Adds to Commercial Lines, Surety Business in Tri-State Region
May 25 2022 // The Hilb Group said it has acquired a book of commercial property/casualty insurance and surety bond business in its tri-state region of operations. The company said that the seller, Scott Kuzmic, a commercial...
Cross-Selling Opportunities in Commercial Surety
May 12 2022 // This post is part of a series sponsored by Old Republic Surety. Cross-selling surety and commercial insurance makes marketing sense: Boosting your exit barriers increases your value. An insurance agent who can accommodate...
Markets/Coverages: Marsh Renewable Energy; Main Street Farm; Munich Re Surety; Skyward Crane & Rigging; Draftrs Professional Liability
May 12 2022 // Marsh Launches Renewable Energy Facility Insurance broker Marsh announced the launch of a renewable energy facility that provides streamlined, dedicated insurance capacity for mid-scale solar and battery energy storage...
People Moves: Oberg Joins S&S Marine; UFG Surety Adds Kyner, Virginia Office
May 3 2022 // Oberg Joins S&S as Commercial Account Executive Rhode Island-based Starkweather & Shepley Insurance Brokerage (S&S) reports that Nathan Oberg has joined its commercial division and will focus on the marine...
People Moves: Quigley Ascot’s Surety Lead; Olson Named Zurich N.A. Head of Programs
Apr 26 2022 // Quigley Named Ascot’s Head of Surety Ascot appointed Tara Quigley executive vice president and head of Surety. She will be responsible for developing, and managing Ascot’s Surety portfolio across the U.S. Her...
People Moves: Argo’s Betz Leads New Applied Surety Team; Hartford’s Cushing Joins Zurich Construction; Hub Names Frattarola HNW Leader; Cline Succeeds Berg at ACT
Mar 21 2022 // Betz to Lead New Applied Surety Operation Applied Underwriters continues its specialty lines expansion with the launching of Applied Surety Underwriters. Based in Houston, this new division will focus on large, commercial...
Choosing a Bond Producer for the Long Run
Mar 7 2022 // This post is part of a series sponsored by Old Republic Surety. How do contractors evaluate their surety bond producers? Old Republic Surety Company offers guidance that you, as an independent surety bond agent who is...
Market Your Agency to Build a Profitable Book of Surety Bond Business
Feb 22 2022 // This post is part of a series sponsored by Old Republic Surety. Do you want to build a book of surety business at your agency, but you’re not sure how to get started? Have you been selling surety bonds, but want to...
Hilb Group Acquires Pennsylvania’s Wharton Surety Consultants
Feb 10 2022 // The Hilb Group announced that it has acquired Wharton Surety Consultants, expanding its growing presence in the Philadelphia area. The transaction became effective December 31, 2021. Based in Wayne, Pennsylvania, Wharton...
The Relationship between You, Your Agent and Your Surety
Jan 12 2022 // This post is part of a series sponsored by Old Republic Surety. Commercial clients who are new to surety sometimes need help to understand the three-way relationship between their company, you (as their independent agent...
Xenia Broking Buys Trade Credit & Surety Business From Tysers
Jan 12 2022 // The credit insurance and surety specialist, Xenia Broking Group Ltd., announced it has acquired the UK whole turnover trade credit and surety business of Tysers Insurance Brokers Ltd. The transaction completed onJan. 11,...
People Moves: WTW Hires Magilton to Lead Canada Risk & Broking, Powney to Head Surety for Europe/UK; Hiscox Re & ILS Names MS Amlin’s Wilken as CUO
Jan 6 2022 // This edition of International People Moves details appointments at Willis Towers Watson and Hiscox. A summary of these new hires follows here. WTW Hires Canada Risk & Broking Leader, Europe/UK Practice Leader for...
Infrastructure Investment Package Expected to Boost Surety Market: AM Best
Dec 20 2021 // The recently enacted $1.2 trillion U.S. infrastructure package is expected to result in more business opportunities for surety companies given the new and sizable investments that the transportation and energy sectors will...
Commercial Surety 101: Why Contractors Need to Be Licensed and Bonded
Dec 15 2021 // This post is part of a series sponsored by Old Republic Surety. As you build a book of bond business to better serve your commercial clients, you’ll be surprised to learn how many need to be licensed and bonded....
Future of Surety: Why the Industry Needs Knowledge Transfer and Education Now
Dec 6 2021 // Surety requires a highly complex and specialized form of underwriting. It is also an excellent career path for those who thrive on complex challenges, have a genuine interest in buildings and infrastructure, and enjoy...
Florida Man and Three Others Sentenced for Millions in Fake Construction Bonds
Dec 3 2021 // A federal judge in Miami sentenced four men to at least two years in prison each for a scheme that sold worthless construction bonds for major building projects in 2015. Working under the name of Hampton Investment Fund,...
Xenia Buys UK Trade Credit and Surety Broker, Peter Hill Credit & Financial Risks
Dec 1 2021 // The credit insurance and surety specialist, Xenia Broking Group, announced it has acquired Peter Hill Credit & Financial Risks Ltd., based in Northampton, England. Peter Hill is a leading specialist trade credit...
How the Cost of a Contract Bond Is Determined
Oct 27 2021 // This post is part of a series sponsored by Old Republic Surety. The business of surety and fidelity bonding represents a growing segment of the insurance industry. Surety companies are eager to partner with independent...
Translating the Top 5 Most Cringeworthy Surety Conversations
Oct 13 2021 // This post is part of a series sponsored by Old Republic Surety. As an independent insurance agent, you’ve probably had an awkward moment or two with clients. They’re good learning experiences. In this article,...
Arthur J. Gallagher Acquires Arkansas’ Alpha Surety & Insurance
Sep 30 2021 // Arthur J. Gallagher& Co. has acquired Little Rock, Ark.-based Alpha Surety & Insurance Brokerage LLC. Terms of the transaction were not disclosed. Founded in 2002, Alpha Surety focuses primarily on selling direct...
