Surety: BIGGER Isn’t Always BETTER

Paychecks, desserts and warm hugs: Bigger is always better!

But let’s face it, sometimes it isn’t. One example may be the bonding company you’re dealing with. What do you get with a BIG surety carrier?

  • Underwriting authority divided into multiple levels shared by branch and home office people
  • Prohibited transactions lists to prevent creative / aggressive underwriting
  • Slow response times as communications run up and down (and up and down again) the chain of authority

With smaller sureties…

  • With a smaller bonding company, such as FIA Surety, the most senior underwriter reviews every transaction and is only a phone call away
  • Approvals come quickly when the decision-making structure is extremely flat
  • You can build a rapport with senior management!

Strong underwriting results = a consistent appetite. FIA has produced a profit for the last ten years!

In surety, BETTER is BETTER. You need a smaller, more agile carrier like FIA Surety! We get it done. Call us for Contract Surety, Site or Subdivision Bonds.

FIA Surety / First Indemnity of America Insurance Company
2740 Rt. 10 West, Suite 205
Morris Plains, NJ 07950
Office: 973-541-3417

An “A Rated” Carrier

Visit our Free CE school.

Leave a Reply