Surety

Surety insurance is essential for building trust in high-value projects and regulated industries, providing a financial guarantee that obligations will be met and protecting stakeholders from non-performance or non-compliance.

Our US-based Surety team partners with a nationwide network of independent agents and brokers to deliver surety bonding solutions for all types of businesses ranging from small to multinational.

As one of the top 15 surety companies in the United States, Sompo’s team has extensive experience in all lines of surety including contract, commercial and transactional. Sompo offers a full suite of bond products in all 50 states and Puerto Rico.

  • US $425m

    (Combined) US Treasury listing

  • A+

    Financial rating

Why choose Sompo for your Surety needs? 

  • Top 15 surety company in the US
  • Added over $1 Billion of new capital to Sompo’s two main underwriting companies (EAC, EAIC)
  • Four underwriting companies include: Endurance Assurance Corporation, Endurance American Insurance Company, Lexon Insurance Company, Bond Safeguard Insurance Company
  • New commercial transactional platform Digital Hub
  • Ability to write in Canada and UK
  • SBA capability with dedicated support team
  • Commercial reverse flow business
Experts

Connect with our Surety leadership team

Coverage features

Sompo offers reliable, scalable surety support - from construction and energy projects to commercial and international operations.

Target clients and industries

  • General trade, environmental, and heavy construction contractors and subcontractors
  • National / regional home builders and developers
  • Service contractors
  • National and international publicly traded and privately held companies
  • Retailers and wholesalers
  • Healthcare companies
  • Energy Companies including: Renewables (EPC, solar, hydro), oil and gas, power, utilities
  • Hard rock mining
  • Waste companies
  • Small Contractors (Small Contractor Program)

Capacity

Significant aggregate bond program capacity of up to US $500m bonded is available for qualified clients. Additional capacity available through cosurety and  shared surety relationships. 

Products

  • Performance and payment bonds; maintenance, supply, and supply and install
  • License and permit bonds
  • Probate and court bonds
  • US Customs Bonds
  • Reclamation, closure, plugging and abandonment, decommissioning interconenction, and PPA bonds
  • Additional contract, commercial and various transactional bonds

Expert surety claims support for fast, fair resolution

Dedicated team of experienced surety claims professionals with expertise in dispute resolution and loss mitigation with an extensive background in claims litigation, surety, corporate and environmental law utilizing common sense and value engineering to obtain fair and fast resolutions throughout the entire claim adjustment process.

Surety Digital Hub

Sompo’s one-stop-shop for all surety bond needs

Providing agents with the ability to quote and issue specific surety bond submissions directly from the Surety Digital Hub platform quickly and efficiently with limited interactions from a surety underwriter. Surety business can now be managed all from one location.

Get in touch with our Surety team

Contact us

To discuss a surety claim, please call +1 877 676 7575.  

Submit a form below or call +1 615 553 9565.