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The surety business is built on trust, open communication and responsiveness. The Aegis Surety Bond Department recognizes the needs of its customers and prides itself on being responsive and flexible. Our success is earned by meeting these needs day in and day out. The growth of our surety department is testimony to our dedication to these principles.
All of our surety business is marketed through independent insurance agencies. Aegis Security Insurance Company earns this business by responding - the goal is same day as receipt. This is complemented with fair underwriting decisions, flexible thinking and creative underwriting solutions. Our focus is the standard market contractor. However, the more difficult cases can occasionally be considered utilizing underwriting tools such as escrow and collateral.
Aegis offers very competitive and flexible rate filings. Aegis guarantees unparalleled service to new business submissions and customer requests. Aegis specializes in underwriting bid, performance, payment, supply and maintenance bonds for eligible contractors. In addition, Aegis provides license, permit and miscellaneous bonds for its surety customers. Business concentration is the North Eastern United States and the Middle Atlantic Region focusing on the small and medium size contractor. We have the capacity of $2,000,000 for a single project and up to $6,000,000 aggregate.
Aegis is licensed in all fifty states and the District of Columbia. We have an A.M. Best Financial Strength Rating of "A" Excellent and are approved by the United States Department of Treasury for single bond amounts up to $3,150,000. All Aegis bonds are reinsured by an "A+" Superior A.M. Best Rated Reinsurer.
Aegis is currently looking for surety partners. If your agency is contractor - client focused, willing to provide complete account submissions and has a direct relationship with your accounts, please contact Aegis to discuss a potential relationship.
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