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Large Commercial Surety

Sompo’s Large Commercial Surety unit provides client solutions for simple or complex surety needs.

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    Through our broker and agent partners, we support clients across a wide array of industries, public and  private, as well as global. As a top-tier surety carrier,  we can provide significant capacity and expertise backed by quality underwriting companies and financial strength.

    Coverage features

    Our international presence and support from our Japanese parent provide a strong global platform for servicing the bond needs of our clients.

    Capacity

    • Aggregate bond program capacity of up to US $500m available for qualified clients as well as additional capacity available through co-surety and shared surety relationships.
    • Targeted minimum premium of US $50,000. 

    Key markets served

    An overview of our key markets. 

    • Oil & gas
    • Renewables
    • Hard rock mining
    • Home builders
    • Environmental
    • Private equity
    • Manufacturing
    • Waste
    • Healthcare
    • Service contractors

    Bond capabilities

    Comprehensive bond capabilities across commercial, contract, and specialty risks.
    • License and permit bonds
    • US customs bonds
    • Healthcare provider bonds
    • Court bonds
    • Workers’ compensation bonds
    • Supply bonds
    • Maintenance/warranty bonds
    • Lost instrument bonds
    • Tax bonds
    • Subdivision bonds
    • Performance and payment bonds
    • Miscellaneous bonds
    • Closure/post-closure and decommissioning bonds

    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

    Matt Curran

    EVP, Head of Surety, North America