The Surety & Fidelity Association of America

Name

The Surety & Fidelity Association of America

Legal name

The Surety & Fidelity Association of America

Website

https://surety.org

Company type

Private

Founded year

1908

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Washington

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Membership Dues: SFAA generates revenue through membership dues from insurance companies licensed to engage in surety or fidelity bonding. The association has more than 425 member companies that write 98 percent of surety and fidelity bonds in the U.S.
2. Premier Partnership Program: Companies supporting the surety and fidelity industry but not licensed for bonding can join as Premier Partners for an annual subscription cost of $7,500.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

SFAA is a nonprofit trade association that represents U.S. surety and fidelity bond writers. It sells trade association membership to insurance companies licensed for surety or fidelity bonding, and provides advocacy on Capitol Hill and in state legislatures, statistical data collection and reporting, development and filing of standard fidelity forms, industry education and networking, and workforce development scholarships through the affiliated SFAA Foundation.

Product overview

The Surety & Fidelity Association of America (SFAA) is a nonprofit trade association representing the surety and fidelity industry, not a product company per se. SFAA provides advocacy, research, and educational programs rather than a unified software product. Its core offerings include the Contractor Bonding Education & Mentoring Program (free eLearning and mentoring for contractors), the Surety and Fidelity Intern and Scholarship Program (workforce development), the Surety Protects Campaign (advocacy communications), and reference directories (Bond Verification and Bond Claims directories). SFAA also partners with government programs including the DOT's Bonding Education Program and SBA's Surety Bond Guarantee Program. Member companies provide construction surety bonds, commercial surety bonds, and fidelity bonds.

Differentiator

Problem solved

Functional benefit

Brands

• Surety Protects: SFAA's public outreach campaign to communicate the benefits of public sector bonding and inform elected officials and construction leaders about surety's value.
• SFAA Foundation
• Surety and Fidelity Intern and Scholarship Program

Products and services

• SFAA Membership for Surety and Fidelity Writers Annual membership for insurance companies licensed to write surety or fidelity bonds or to act as reinsurers, providing advocacy, statistical reporting, standard forms, networking, and education.
• Premier Partnership Program

Quantifiable outcome

• Bonded projects have 85% lower cost of completion when defaults occur compared to non-bonded projects
• +4 more outcomes

Named customers10 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• National Association of Surety Bond Producers (NASBP)coreStrategic or Co-development Partner · 2 March 2026SFAA and NASBP jointly host the Federal Legislative Fly-In bringing surety professionals to Capitol Hill to advocate for bonding protections. They co-developed the Contractor Bonding Education & Mentoring Program and work together on industry advocacy campaigns including the Water Infrastructure Subcontractor and Taxpayer Protection Act.
• The Institutes RiskStream CollaborativecoreTechnology or Integration · 21 January 2025SFAA is a founding member of the SuretyDIGIT Coalition focused on digitizing the surety bond process. 17 companies received the 2024 Innovator Award for contributions to insurance industry digital transformation through the coalition.
• Ernst & Young (EY)coreStrategic or Co-development Partner · 17 November 2022EY conducted a comprehensive economic analysis on the value of surety bonds for SFAA. The study found bonded projects outperform non-bonded portfolios with lower default rates, lower cost of completion, and faster project completion times.
• U.S. Department of TransportationcoreStrategic or Co-development Partner · 17 November 2022SFAA partners with USDOT's Bonding Education Program to help small businesses become bond ready for transportation-related contracts.
• Associated Builders and Contractors (ABC)minorGTM or Marketing Partner · 13 January 2022ABC joined as a partner to help spread awareness of the Contractor Bonding Education & Mentoring Program to member contractors.
• Associated General Contractors of America (AGC)minorGTM or Marketing Partner · 13 January 2022AGC partnered with SFAA and NASBP to promote the Contractor Bonding Education & Mentoring Program to underserved and disadvantaged contractors.
• National Association of Minority Contractors (NAMC)minorGTM or Marketing Partner · 13 January 2022NAMC partnered to help spread awareness of the Contractor Bonding Education & Mentoring Program to minority contractors.
• Local Surety Associations (LSAs)coreStrategic or Co-development PartnerSFAA partners with over 20 Local Surety Associations across the U.S. including Alabama Surety Association, Surety Association of Arizona, Surety Association of San Diego, Surety Underwriters Association of Southern California, Carolinas Surety Association, Florida Surety Association, Surety Association of Georgia, and others to promote contract surety bonds and advocate for the industry.
• U.S. Small Business AdministrationcoreStrategic or Co-development PartnerSFAA supports the SBA's Surety Bond Guarantee (SBG) Program which provides surety bond guarantees for small businesses on federal, state, local, and commercial construction contracts.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Property Casualty Insurers Association of America (PCI): PCI is the leading U.S. trade association for property and casualty insurers, with many SFAA member companies among its ranks. While broader than SFAA's surety/fidelity focus, PCI conducts overlapping federal advocacy, regulatory engagement, and industry data aggregation that parallels SFAA's functions.
• American Insurance Association (AIA): AIA represents P&C insurers on federal legislative and regulatory matters, including issues that affect surety providers. Its national advocacy profile and policy engagement model closely mirror SFAA's federal affairs function on Capitol Hill.
• Council of Insurance Agents & Brokers (CIAB): CIAB is the trade association for commercial insurance agents and brokers, many of whom also place surety bonds. It complements SFAA's mission by providing advocacy and education across commercial lines including surety, with shared intermediary-distribution members.
• Independent Insurance Agents & Brokers of America (Big 'I'): The Big 'I' is the largest U.S. trade association for independent insurance agents, including those writing surety. It overlaps with SFAA in producer-side representation and advocacy for the broader insurance ecosystem.
• National Association of Mutual Insurance Companies (NAMIC): NAMIC represents U.S. mutual insurance companies across P&C and other lines, including several SFAA member sureties. It runs similar legislative advocacy, regulatory representation, and educational programming, making it a structurally comparable trade association with overlapping membership.

Others

• Reinsurance Association of America (RAA): RAA represents U.S. reinsurers, several of which support SFAA member sureties through reinsurance. While focused on reinsurance, RAA shares the federal advocacy, statistical, and member-education model that defines SFAA's operations.
• American Council of Life Insurers (ACLI): ACLI is the principal trade association for U.S. life insurers and demonstrates the broader insurance trade association model of federal advocacy, regulatory expertise, and industry data aggregation that SFAA operates within for the surety/fidelity segment.

Direct peers

• National Association of Surety Bond Producers (NASBP): NASBP is the trade association representing insurance agencies and brokerage producers that write surety bonds. SFAA and NASBP jointly host the Federal Legislative Fly-In and co-developed the Contractor Bonding Education & Mentoring Program, making NASBP SFAA's most direct operational and advocacy peer.

Regional players

• Surety Association of Canada: The Surety Association of Canada is the Canadian counterpart to SFAA, representing surety providers north of the border. It is the closest geographic peer and operates the same advocacy and industry-data functions within the Canadian surety market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/suretyfidelity
• LinkedInlinkedin.com/company/surety-fidelity-association-of-america

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Surety & Fidelity Association of America