Surety One
Surety One, Inc. is a privately held surety and fidelity bond MGA founded in 1994, underwriting contract, commercial, and ERISA fidelity bonds through an open-brokerage channel serving licensed insurance producers and brokers across all 50 US states and Puerto Rico.
- Company typePrivate
- Founded1994
- HeadquartersSan Juan, Puerto Rico
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Surety One does
Surety One, Inc. is a privately held specialty surety and fidelity bond managing general agency founded in 1994, operating from Raleigh, North Carolina and San Juan, Puerto Rico. The firm underwrites and places contract surety bonds (bid, payment, performance, maintenance, subdivision), commercial surety bonds (license, permit, public official, court, BMC-84 freight broker), fidelity bonds and commercial crime policies (including ERISA fidelity bonds with retro-dating capability), and financial guarantee bonds. It also operates three specialty programs: Poindexter Surety Services (bail surety MGA), Cannabis Business Surety Bonds, and ERISA-Bonds.com.
The company's core technology consists of an online bond application and underwriting platform with a dedicated producer portal and multi-channel communication infrastructure (WhatsApp, Signal, Telegram, email) that supports same-day underwriter feedback 24/7/365. Reinsurance capacity is supplied by affiliated parent/reinsurer Janus Assurance Re. The technology is workflow-oriented rather than AI-driven, with no disclosed AI/ML, machine learning models, or data flywheel mechanics.
Revenue is generated through three streams: (1) surety bond premiums on contractor, business, and individual bonds priced by bond amount and applicant creditworthiness; (2) fidelity bond/commercial crime policy premiums; and (3) market-competitive commissions paid to licensed insurance producers placing bond business through Surety One's open-brokerage channel. Go-to-market is exclusively indirect via licensed insurance producers and independent brokers with a US$150,000 minimum annual production requirement for direct appointment. End customers include construction firms (general contractors, sub-contractors, suppliers), licensed professionals requiring regulatory bonds, organizations seeking employee dishonesty protection, and ERISA-regulated pension plans.
Surety One firmographics
Firmographics- Name
- Surety One
- Legal name
- Surety One, Inc.
- Website
- https://suretyone.com
- Company type
- Private
- Founded year
- 1994
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Surety One, Inc. is a privately held surety and fidelity bond MGA founded in 1994, underwriting contract, commercial, and ERISA fidelity bonds through an open-brokerage channel serving licensed insurance producers and brokers across all 50 US states and Puerto Rico.
- Ownership category
- akta.pro rank
Surety One industry classification
Industry- Product category
- Surety and Fidelity Bond Services
- NAICS
- Insurance Agencies and Brokerages (52421), Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (524210)
- SIC
- Surety Insurance (6351), Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Surety & Bond Brokerage (FSAEADAI)
- akta.pro secondary industries
- Commercial Surety Bonds (FSAJAIAB), Contract Surety Bonds (FSAJAIAA), Notary / Bail / Miscellaneous Consumer Bonds (FSAJAIAK), Surety & Credit Reinsurance (FSAOADAD)
Keywords
Where Surety One is headquartered
LocationHeadquarters
- HQ city
- San Juan
- HQ country
- Puerto Rico
- HQ region
- Latin America
Offices2 records
Markets served
Surety One business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Surety Bond Premiums: Revenue generated from issuing surety bonds to contractors, businesses, and individuals. Premiums are based on bond amount and applicant creditworthiness. Commercial bonds under $25,000 generally require only an application; larger bonds require financial statements review.
- Fidelity Bond/Crime Policy Premiums: Revenue from commercial crime policies protecting organizations from dishonest employee acts. Coverage includes employee theft, depositors forgery, computer crime, and other fidelity exposures.
- Insurance Producer Commissions: Market competitive commissions paid to licensed insurance professionals and brokers placing bond business through Surety One's open-brokerage model.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | Small Commercial Bonds (Under $25,000) |
| One time/ perpetual license | Pay-as-you-go | Larger Bond Requests ($25,000+) |
| One time/ perpetual license | Pay-as-you-go | Non-Standard Program |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels4 records
Surety One product offering
Product offeringCore offering
Surety One, Inc. is a national surety bond broker and managing general agency that issues contract, commercial, judicial, and financial guarantee surety bonds, along with fidelity/commercial crime policies (including ERISA bonds). The company distributes these products exclusively through licensed insurance producers and independent brokers under an open-brokerage model, offering non-standard program access for applicants with damaged credit and 24/7/365 same-day underwriter feedback.
Product overview
Surety One, Inc. is a surety bond and fidelity bond specialist offering a comprehensive portfolio of bond products through an open-brokerage model for licensed insurance professionals. The company provides four core bond categories: Judicial Bonds (court-related and fiduciary bonds), Contract Surety Bonds/Performance Bonds (bid, payment, performance, and maintenance bonds for construction contracts), Commercial Surety Bonds (license, permit, and miscellaneous transactional bonds), and Fidelity Bonds (commercial crime policies and ERISA bonds). Additionally, the company operates three specialty programs: Poindexter Surety Services (bail surety MGA), Cannabis Business Surety Bonds, and ERISA-Bonds.com. The company also offers Financial Guarantee Bonds (credit wraps). Services are delivered through offices in Raleigh, NC and San Juan, PR with same-day underwriter feedback guaranteed 24/7/365.
Differentiator
Problem solved
Functional benefit
Brands
- Poindexter Surety Services: Bail surety MGA offering agency agreements in all bail states.
- Cannabis Business Surety Bonds
- ERISA-Bonds.com
Products and services
- Judicial Bonds Surety obligations required in civil actions and U.S. Admiralty Courts, divided into plaintiff and defendant categories including appeal bonds, supersedeas bonds, injunction bonds, attachment bonds, replevin bonds, mechanic's lien release bonds, and fiduciary bonds for probate, guardianship, and trustees. Designed for litigants, attorneys, and fiduciaries needing court-mandated surety.
Quantifiable outcome
- Same-day underwriter feedback guaranteed 24/7/365
- +2 more outcomes
Companies that use Surety One
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles4 records
Surety One technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Surety One partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Poindexter Surety ServicesminorBail surety MGA (Managing General Agent) offering agency agreements in all bail states. Specialty partnership for bail bond products within Surety One's broader bond portfolio.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Surety One competitors and assessment
Company assessmentBroad incumbents
- CNA Surety: Large national surety carrier underwriting contract and commercial surety bonds for contractors and businesses, offering overlapping bond products but as part of a much broader P&C insurance portfolio.
- Liberty Mutual Surety: Major US surety underwriter with deep contract surety expertise serving large contractors, providing scale and balance-sheet capacity that smaller MGAs like Surety One leverage via reinsurance relationships.
- Travelers Surety: Top-tier national surety carrier writing contract, commercial, and fidelity bonds across all 50 states, competing for the same contractor and commercial bond demand as Surety One but with substantially greater capacity.
- Hartford Financial Products (Surety): Established surety underwriter offering contract and commercial surety bonds to mid-market and large contractors, operating in adjacent product categories to Surety One with significantly broader portfolio reach.
- AmTrust Surety: National surety and insurance carrier specializing in small-to-mid-market contract and commercial surety bonds, with a comparable appetite for non-standard risks that brings it into direct competition for broker-placed business.
Direct peers
- SureTec Surety: Direct competitor as a surety-focused MGA offering contract and commercial surety bonds through a broker distribution model, with comparable product breadth across contract, commercial, and fidelity lines.
- Surety Bonds Direct: National surety bond agency offering instant online quotes for commercial, contract, court, and fidelity bonds, competing in the same SMB and broker channel as Surety One.
- Lance Surety Bonds: Surety bond agency distributing contract, commercial, and court bonds through a digital broker and producer model, with comparable focus on small-contractor and license/permit bond placements.
- SuretyBonds.com (Surety1): Online-direct surety bond agency serving small businesses and contractors nationwide with instant quoting across license, permit, court, and contract bond types, overlapping Surety One's transactional commercial bond book.
Emerging players
- Lexon Insurance Company: Boutique surety carrier focused on contract and commercial surety bonds for small and emerging contractors, including non-standard credit situations, representing a similar niche underwriting posture to Surety One's non-standard program.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Surety One social profiles
Digital presenceSurety One financial estimates
Financial estimateRevenue estimate
Valuation estimate
Surety One leadership team
Management profileNumber of profiles
Profiles1 record
Surety One funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Surety One M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Surety One
What does Surety One do?
Surety One, Inc. is a national surety bond broker and managing general agency that issues contract, commercial, judicial, and financial guarantee surety bonds, along with fidelity/commercial crime policies (including ERISA bonds). The company distributes these products exclusively through licensed insurance producers and independent brokers under an open-brokerage model, offering non-standard program access for applicants with damaged credit and 24/7/365 same-day underwriter feedback.
Is Surety One a public or private company?
Surety One is a private company. It is classified as unknown and is currently operating.
When was Surety One founded?
Surety One was founded in 1994. It employs 11 to 50 people.
Where is Surety One based?
Surety One is headquartered in San Juan, Puerto Rico, in the Latin America region.
How does Surety One make money?
Three revenue lines are on record. Surety Bond Premiums are the primary driver. The others are fidelity Bond/Crime Policy Premiums and insurance Producer Commissions.
Who are Surety One's main competitors?
Broad incumbents on record are CNA Surety, Liberty Mutual Surety, Travelers Surety, Hartford Financial Products (Surety) and AmTrust Surety. Direct peers are SureTec Surety, Surety Bonds Direct, Lance Surety Bonds and SuretyBonds.com (Surety1). Lexon Insurance Company is listed as an emerging player.
Does Surety One have an API?
No public API is recorded for Surety One.
What industry is Surety One in?
Surety One's product category is Surety and Fidelity Bond Services. Its primary akta.pro industry code is FSAEADAI, Surety & Bond Brokerage, with a secondary code of FSAJAIAB, Commercial Surety Bonds. Its NAICS code is 52421 and its SIC code is 6351.