Allstar Surety

What Allstar Surety does

Allstar Surety is a U.S. Managing General Underwriter (MGU) of surety bonds that has operated continuously since 1965. The company underwrites Contract Surety products — bid, performance, payment, maintenance, supply, and subdivision/site-improvement bonds — for general contractors, subcontractors, and specialty trade contractors, as well as Commercial Surety products — court, fidelity, license/permit, and probate bonds — for businesses, associations, non-profits, and individuals. As an MGU for multiple A-rated / U.S. Treasury T-listed carriers, Allstar holds full underwriting authority to make bond decisions directly without third-party approval.

The company runs two product divisions (Contract Surety and Commercial Surety) and supports them through dedicated specialty programs, including the SBA Surety Bond Guarantee (SBA QuickApp for contracts up to $400,000) and the Emerging Contractors Program (up to $350,000 single / $500,000 aggregate). Underwriting is distributed across eight U.S. branch offices (Atlanta, Birmingham, Charlotte, Cleveland, Columbus, Greenwood Village, Jacksonville, Tampa) with locally empowered underwriters, and is backed by partnerships with QBE North America, the SBA, and National Escrow for funds-control services. Self-service online quick-quote intake tools are deployed via Cognito Forms to streamline agent submissions.

Allstar distributes exclusively through independent insurance agents and brokers under a wholesale MGU model — it does not sell directly to end customers. Revenue is generated by collecting bond premiums and earning underwriting commissions and spreads on premiums placed with carrier partners; pricing is quote-based and individualized on creditworthiness, bond type, and contract size. The operating entity is Allstar Surety LLC, organized in the U.S. and affiliated with the Allstar Financial Group / CRC Group corporate family.

Name

Allstar Surety

Legal name

Allstar Surety LLC

Website

https://allstarsuretybonds.com

Company type

Private

Founded year

1965

Operating status

Operating

Headcount range

11–50 employees

Short description

Allstar Surety is a U.S. Managing General Underwriter of contract and commercial surety bonds, operating since 1965 and distributing exclusively through independent insurance agents and brokers across multiple regional offices nationwide.

Ownership category

akta.pro rank

Product category

Surety Bond Underwriting

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Surety Insurance (6351)

akta.pro industry

PRIMARYFSAEADAK

Insurance Program Administration & MGA/MGU Services

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Insurance Brokerage & Risk Advisory

SECONDARYFSAJAIAA

Contract Surety Bonds

Financial & Insurance/Insurance — Motor, Property & Casualty/Surety & Fidelity Bonds

SECONDARYFSAJAIAB

Commercial Surety Bonds

Financial & Insurance/Insurance — Motor, Property & Casualty/Surety & Fidelity Bonds

Keywords

• Surety bond underwriting
• Contract surety bonds
• Commercial surety bonds
• Managing general underwriter
• Construction bonding

Headquarters

HQ city

Columbia

HQ country

United States

HQ region

North America

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Surety Bond Premiums: Allstar Surety generates revenue through premiums collected on surety bonds issued to contractors, businesses, and individuals. As an MGU for multiple 'A' rated carriers, the company earns underwriting commissions and spreads on bond premiums.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Allstar Surety operates as a Managing General Underwriter (MGU) with full underwriting authority, issuing contract surety bonds (bid, performance, payment, maintenance, supply, subdivision/site-improvement) for construction contractors and commercial surety bonds (court, fidelity, license/permit, probate) for businesses, associations, and individuals. Bonds are distributed exclusively through independent insurance agents and brokers nationwide, backed by multiple 'A'-rated/T-listed surety carriers and a partnership with the U.S. Small Business Administration.

Product overview

Allstar Surety is a national managing general underwriter (MGU) providing comprehensive surety bond solutions since 1965. The company operates two primary product lines: Contract Bonds (including Bid Bonds, Performance Bonds, Payment Bonds, Maintenance Bonds, Supply Bonds, and Sub-Division & Site-Improvement Bonds) serving the construction industry, and Commercial Bonds (including Court Bonds, Fidelity Bonds, License/Permit Bonds, and Probate Bonds) serving associations, non-profits, and individuals. Supporting programs include the SBA Surety Bond Guarantee (offering SBA QuickApp for jobs up to $400,000 with minimal paperwork requirements) and the Emerging Contractors Program (serving contractors with bonds up to $350,000 single/$500,000 aggregate based on credit and experience). The company also provides self-service online quote forms for both commercial and dishonesty bonds, and accesses specialty tools including funds control/escrow services and collateral options to support challenging risk situations.

Differentiator

Problem solved

Functional benefit

Brands

• Emerging Contractors Program: Specialized bonding program for contractors with limited experience, offering up to $350,000 single bond/$500,000 aggregate limits with flexible approval process based on business and personal credit.
• SBA QuickApp

Products and services

• Contract Bonds
• Commercial Bonds
• Bid Bond
• Performance Bond
• Payment Bond
• Maintenance Bond
• Supply Bond
• Sub-Division & Site-Improvement Bond
• Court Bonds

Quantifiable outcome

• Decisions can be made within hours through SBA QuickApp program for bonds under $400,000
• +1 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Three partnerships are on record, tiered core, strategic and supporting.

• Small Business Administration (SBA)coreStrategic or Co-development Partner · 1 May 2017Allstar Surety is an SBA authorized agent participating in the Surety Bond Guarantee Program. Through this partnership, the company offers the SBA QuickApp program for contracts up to $400,000, providing streamlined underwriting with minimal paperwork requirements and no financial statements needed for qualifying contractors.
• QBE North AmericastrategicTechnology or Integration · 1 May 2017Strategic partnership announced with QBE North America to provide surety bond capacity and support for contractors. QBE is an 'A' rated global insurer providing reinsurance and underwriting support.
• National Escrow (Funds Control)supportingStrategic or Co-development PartnerAccess to specialized funds control/escrow services through National Escrow for contractors with cash flow challenges. This service oversees payment applications and ensures proper fund allocation to protect against claims.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Liberty Mutual Surety: Liberty Mutual is one of the largest U.S. surety carriers, offering the full suite of contract and commercial surety products alongside a much broader P&C portfolio. It competes with Allstar for agent-sourced business but at far greater scale and balance-sheet capacity.
• Markel Surety: Markel Specialty writes contract surety and related bonds through agents as part of its specialty insurance platform, competing in similar middle-market and non-standard surety segments and acting as a potential carrier partner alternative.
• AmTrust Financial Services: AmTrust underwrites commercial surety, license/permit, and contract bonds distributed through agents, with a particular focus on small-business and specialty bond niches that overlap with Allstar's commercial surety and SBA-served book.
• The Hartford (Surety): The Hartford writes contract and commercial surety as part of its commercial lines portfolio and is a frequent competitor in agent-sourced middle-market bonding, overlapping with Allstar's core book.
• Travelers Surety: Travelers is a top-tier U.S. surety carrier with deep contract surety penetration and a broad P&C platform, frequently named by agents and competing for the same bid/performance/payment bond business Allstar underwrites through its carrier partners.
• CNA Financial (Surety): CNA operates a substantial surety practice across contract and commercial bonds within its broader commercial insurance portfolio, serving many of the same mid-market and large-contractor segments that Allstar reaches through the agent channel.

Direct peers

• SureTec Surety: SureTec is a specialty surety MGU underwriting contract and commercial surety bonds through the independent agent channel, very similar to Allstar's MGU model with multiple carrier relationships and a focus on non-standard and small-contractor risks.
• Hudson Insurance Group: Hudson is a specialty carrier/MGU that writes contract and commercial surety, including non-standard and harder-to-place risks, with agent-channel distribution — comparable to Allstar's product scope and appetite for difficult-to-bond accounts.
• International Sureties: International Sureties is a surety-focused MGU/brokerage (affiliated with CRC Group) that distributes contract and commercial surety bonds through independent agents nationwide, directly comparable to Allstar in product mix and distribution model.

Others

• CRC Group: CRC Group is the wholesale insurance brokerage platform affiliated with Allstar Surety under the Allstar Financial Group umbrella, providing shared back-office, carrier access, and cross-sell opportunities to agents that also place surety through Allstar.

Market position

Weaknesses5 records

Competitive moat4 records

Key risks3 records

Key highlights2 records

Customer concentration

• LinkedInlinkedin.com/company/allstar-surety

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

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 Allstar Surety