Surety Bond Brokers

Name

Surety Bond Brokers

Legal name

Surety Bond Brokers

Website

https://suretybondbrokers.com

Company type

Private

Founded year

1979

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Surety Bond Brokerage

NAICS

Insurance Agencies and Brokerages (52421)

SIC

Surety Insurance (6351)

akta.pro primary industry

Surety & Bond Brokerage (FSAEADAI)

akta.pro secondary industries

Commercial Surety Bonds (FSAJAIAB), Contract Surety Bonds (FSAJAIAA)

Keywords

• Surety bond brokerage
• Construction bonds
• Performance bonds
• Commercial surety
• Bond placement services

Headquarters

HQ city

Baton Rouge

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Surety Bond Placement Services: The company acts as an intermediary agent placing surety bonds for contractors with A-Rated, Treasury Listed surety markets. Revenue is generated through commissions from the surety markets for successful bond placements. The company serves accounts ranging from larger multi-million dollar accounts to specialized smaller accounts.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Surety Bond Brokers is a bond-only agency that acts as an intermediary placing construction and commercial surety bonds with A-Rated, U.S. Treasury-listed surety markets on behalf of contractors and other bonded parties. The firm serves accounts of any size, ranging from specialized smaller engagements to multi-million dollar contracts, and holds licenses across all U.S. states. Revenue is generated through commissions earned from surety markets for successful bond placements.

Product overview

Surety Bond Brokers operates as a bond-only agency specializing in the placement of Surety Bonds since 1979. The company is not a software platform but rather a service agency that connects contractors with A-Rated, Treasury Listed surety markets. The product portfolio consists of 18 distinct surety bond types including Bid Bonds, Performance Bonds, Labor & Material Payment Bonds, Maintenance Bonds, Commercial Surety Bonds, Retainage Bonds, Supply Bonds, License & Permit Bonds, Subdivision Bonds, Site Improvement Bonds, Environmental Bonds, Miscellaneous Bonds, Utility Bonds, Notary Bonds, Court Bonds, Lien Bonds, and Appeal Bonds. Additionally, the company offers an online bond request form system for submitting bond requests. The company is licensed across all U.S. states and handles accounts ranging from smaller contractors to large multi-million dollar accounts.

Differentiator

Problem solved

Functional benefit

Products and services

• Bid Bonds

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered minor and core.

• A.M. Best CompanyminorOthersA.M. Best Company is a rating agency that provides financial strength ratings for insurance companies. Surety Bond Brokers works exclusively with surety markets that are A-Best Rated, meaning they have received strong ratings from A.M. Best for their financial stability and ability to meet policyholder obligations.
• U.S. Department of the TreasurycoreOthersSurety Bond Brokers works exclusively with surety markets that are U.S. Treasury Department listed, meaning they are approved to provide bonds for federal projects. The Treasury List is a registry of sureties approved by the Department of Treasury for furnishing bid bonds, performance bonds, and payment bonds for federal construction projects.
• A-Rated Surety MarketscoreOthersSurety Bond Brokers has established relationships with multiple A-Rated surety companies (sureties rated 'A' by rating agencies) for the placement of surety bonds. These surety markets provide the financial backing and guarantee capacity for bonds issued to contractors.

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Direct peers

• SuretyBonds.com: Online surety bond agency placing a broad range of contract, commercial, and court bonds through A-rated surety markets. Directly comparable to SBB as a non-underwriting intermediary serving contractors and businesses nationwide, but differentiated by a digital-first model.
• Contractors Bonding & Insurance Company (CBIC): Specialty surety writer focused on construction and contract bonds, distributing through appointed agents. Comparable to SBB as a construction-surety-focused counterparty and competitor for contractor accounts.
• Colonial Surety Company: Direct surety writer and bond provider issuing contract, commercial, and license bonds nationwide. Comparable to SBB as a counterparty many agencies place through; competing directly with SBB where Colonial sells to end customers without intermediary agents.
• JW Surety Bonds: Specialized surety bond agency offering contract, commercial, license, and court bonds through a network of surety markets. A direct peer to SBB with similar product breadth and intermediary placement model.

Emerging players

• BondExchange: Online marketplace for surety bonds connecting applicants to surety providers. Comparable to SBB in serving the same end market (contractors needing bid/performance bonds) but with a technology-led model that competes for the same small-business contractor segment.
• Surety 360 / Aegis Surety: Niche surety brokerage focused on hard-to-place contract and commercial bonds. Comparable to SBB as a specialist placement agency serving difficult-to-place contractor risks across multiple surety markets.

Broad incumbents

• Liberty Mutual Surety: Major U.S. surety underwriter issuing contract and commercial bonds through agency distribution. Comparable to SBB as one of the A-Rated surety markets SBB accesses, and competes directly for large multi-million dollar contractor accounts.
• The Hartford Surety: National surety writer with contract, commercial, and court bond products sold through agents. Comparable as a Treasury Listed surety counterparty and competitor for mid-to-large contractor accounts.
• Travelers Surety: Large national surety underwriter offering contract, commercial, and fidelity bonds through appointed agents. Comparable as a Treasury Listed surety counterparty that agencies like SBB place business with, and competes for large contractor accounts.
• Merchants Bonding Company: A-rated surety underwriter writing contract and commercial surety bonds through appointed agents. Comparable to SBB's surety market partners and a direct competitor when contracting with end customers or large brokers.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks1 record

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

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 Surety Bond Brokers