Main Street America Gives Agents Electronic Bond Issuance

January 10, 2008

The Main Street America Group has introduced Main Street Station for Bonds, a state-of-the-art surety bonds ordering and processing system.

With this proprietary bonds issuance system, Main Street America says its independent insurance agents can electronically order and process new miscellaneous surety, license, permit, probate, court and fidelity bonds, as well as execute renewals, endorsements, billings and cancellations.

According to Brian Beggs, Main Street America’s vice president of bonds, producers can process a simple bond in under two minutes, using just a few screens on our system. “Not only is the system fast, but it will also produce more accurate bonds, as the fully electronic process eliminates errors and duplication of effort that can result from a manual process,” he said.

Main Street America offers a full contract/construction, fidelity and commercial surety bond products for a wide range of businesses and individuals. The company is included in the U.S. Department of the Treasury’s Listing of Approved Sureties (Department Circular 570) and qualified for single bond issuance of up to $54 million.

Source: The Main Street America Group

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