Surety requirements are not all the same. Some support contract delivery, while others support regulatory, statutory, customs, pension, travel or environmental obligations.
A guide for businesses trying to identify the right surety route before submitting a bond or guarantee request.
Insure24 is an insurance broker. We will ask for enough information to understand the contract, beneficiary, amount, timing and available financial evidence before confirming whether a market approach is appropriate. Availability is always subject to underwriting, market appetite and accepted wording.
Contract surety usually supports obligations under a project or supply contract, especially where completion, payment, retention or defects security is required.
Commercial surety usually supports a non-project obligation such as a regulatory, statutory, customs, travel, pension or environmental guarantee requirement.
This page is written for UK businesses that already have a bond, guarantee or contract-security requirement and need to understand what information a specialist surety market will usually expect before terms can be considered.
For a clearer review, match the enquiry to the exact requirement: performance bond, retention replacement bond, advance payment bond, travel bond, customs guarantee or another surety requirement.
Different surety markets may consider different bond classes, and the information needed for a construction performance bond can be very different from a customs or pension guarantee.
Submit the beneficiary requirement, wording and background. The enquiry can then be triaged into the most suitable specialist route.
Share the bond type, amount, beneficiary, contract value and timing so the enquiry can be reviewed as a bonds and surety guarantee requirement.
My Account
