Performance Bonding

What Performance Bonding does

Performance Bonding was an insurance solutions firm specializing in construction, commercial, and subdivision surety bonds, based in Tustin, California. Operating with a small team (1–10 employees), the firm provided bonding advisory services to contractors and developers requiring performance and payment bonds as a condition of project execution or regulatory compliance. The business operated on a quote-based, commission-driven professional services model with multi-year client engagements.

Performance Bonding has since been folded into The Baldwin Group, a broader entrepreneur-led insurance, risk mitigation, employee benefits, and wealth management advisory firm formed by uniting Performance Bonding, Burnham WGB (Wood Gutmann & Bogart), and other partner firms under a single brand. Through this unified platform, the bonding capability sits alongside business insurance (cyber, government contracting, international, management liability, M&A, surety), reinsurance, specialty MGA, embedded insurance, employee benefits, private client services, and personal wealth management. The Baldwin Group distributes through dedicated advisory teams and client portals across all 50 U.S. states with international capabilities for commercial risk and employee benefits.

The combined firm is sales-led, segmenting vertically across construction, energy, healthcare, manufacturing, real estate, and transportation for business clients, with a parallel high-net-worth personal lines practice covering luxury auto, high-value homes, marine/yacht, and wealth management. Revenue mechanics follow standard insurance brokerage economics: commission on placed premiums plus advisory fees, with no proprietary technology platform, no disclosed AI capabilities, and no disclosed funding or external ownership at the Performance Bonding sub-entity level.

Name

Performance Bonding

Legal name

The Baldwin Group

Website

https://performancebonding.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Performance Bonding is a Tustin, California-based surety bonding firm specializing in construction, commercial, and subdivision bonds, now operating as part of The Baldwin Group, a multi-line insurance, risk management, employee benefits, and wealth management advisory serving businesses and individuals across all 50 U.S. states and internationally.

Ownership category

akta.pro rank

Product category

Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (524210), Insurance Carriers and Related Activities (524)

SIC

Surety Insurance (6351), Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Contract Surety Bonds (FSAJAIAA)

akta.pro secondary industry

Commercial Surety Bonds (FSAJAIAB)

Keywords

• Surety bonds
• Commercial insurance
• Construction bonds
• Insurance brokerage
• Risk management

Headquarters

HQ city

Tustin

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Advisory Services: The company generates revenue through providing insurance advisory services including business insurance, employee benefits, private client services, and wealth management solutions for businesses and individuals.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Performance Bonding is an insurance solutions firm specializing in construction, commercial, and subdivision surety bonds. The firm has united with Burnham WGB (Wood Gutmann & Bogart) and partner firms under The Baldwin Group brand, providing an integrated suite of business insurance (including surety, cyber, government contracting, and management liability), employee benefits, private client insurance for high-net-worth individuals, and wealth management solutions for businesses and individuals across all 50 U.S. states with international capabilities for commercial risk and employee benefits.

Product overview

Performance Bonding is an insurance and surety bonding firm that, along with Burnham WGB (Wood Gutmann & Bogart) and partner firms, united under The Baldwin Group brand. The combined entity offers business insurance (including Cyber, Government Contracting, International, Management Liability, Mergers & Acquisitions, and Surety solutions), employee benefits, personal insurance, private client services, wealth management, reinsurance, specialty MGA, and embedded insurance offerings. However, specific product details for Performance Bonding as a distinct offering are not detailed in the available source material.

Differentiator

Problem solved

Functional benefit

Products and services

• Business Insurance Multi-line business insurance solutions including surety bonds, cyber, government contracting, international, management liability, and M&A insurance for businesses across construction, energy, healthcare, manufacturing, real estate, and transportation industries.
• Surety 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

One partnership is on record.

• Burnham WGB (Wood Gutmann & Bogart)coreStrategic or Co-development PartnerBurnham WGB has united with Performance Bonding and other partner firms to form The Baldwin Group as part of a brand transformation. This consolidation combines expertise in insurance, risk mitigation, employee benefits, and wealth management under one unified brand.

Scale indicators2 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Brown & Brown, Inc. Large publicly traded insurance brokerage offering commercial P&C, surety, and employee benefits across the U.S. Comparable as a scaled multi-line broker with surety capabilities serving construction and commercial clients similar to Performance Bonding's segment.
• Arthur J. Gallagher & Co. Global insurance brokerage and risk management firm with significant surety and construction practice. Comparable because it competes for the same commercial surety and construction contractor accounts that Performance Bonding targets.
• Marsh McLennan: Global insurance broker and risk advisor with deep surety and construction industry practices. Comparable as a broad incumbent competing for large construction and commercial surety placements.
• NFP (an Aon company): U.S. middle-market-focused insurance broker and benefits advisor, acquired by Aon. Comparable as a multi-line brokerage serving commercial and personal clients with overlapping surety and benefits capabilities.

Direct peers

• Risk Strategies Company: National specialty insurance brokerage with strong construction, surety, and commercial P&C practices. Comparable as a scaled specialty broker with overlapping target customers in construction and commercial segments.
• Alliant Insurance Services: Specialty-focused insurance brokerage with significant surety, construction, and commercial practice. Comparable as a multi-line broker competing for the same construction contractor and developer surety business.
• Burnham WGB (Wood Gutmann & Bogart): Legacy sister firm to Performance Bonding, now also operating under The Baldwin Group. Comparable as a sibling brokerage offering complementary commercial insurance and advisory services, now part of the same parent platform.
• The Baldwin Group: The Baldwin Group is the unified parent brand under which Performance Bonding now operates, offering identical business insurance, surety, and advisory services. Direct peer because Performance Bonding has been consolidated into this entity and shares customers, products, and distribution.
• Hub International: Large North American insurance brokerage with strong surety and construction industry specialism. Comparable as a mid-to-large broker offering surety bonds, commercial insurance, and benefits to construction and contractor clients similar to Performance Bonding's customer base.

Others

• Travelers Bond & Specialty Insurance: Major surety underwriter writing contract and commercial surety bonds. Comparable not as a broker but as a carrier counterparty whose appetite, commission terms, and product design shape the economics of firms like Performance Bonding.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/thebaldwingroupinsurance
• LinkedInlinkedin.com/company/thebaldwingroup
• Instagraminstagram.com/the_baldwin_group/#
• Xx.com/performbond

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 Performance Bonding