From Automated Bonds to Complex Accounts: How Merchants Scales With Your Commercial Surety Needs
Surety bonds are foundational in protecting public and private interests across a wide range of industries from infrastructure to healthcare. As an insurance agent, your clients’ bonding needs are rarely one-size-fits-all. One client might need a quick license bond; another may require a $20 million financial guarantee. The ability to deliver both with confidence, and without issue, is essentail.
That’s where Merchants Bonding Company comes in. From routine transactions to complex surety programs, we’re built to meet your clients' needs and support your growth into the future.
Underwriting Strength for Complex Needs
As your clients grow, their bonding requirements can evolve. From multi-million dollar obligations to long-term financial guarantees, Merchants has the capacity to support larger commercial bond opportunities.
What we offer:
- $10 million single commercial bond capacity
- $40 million aggregate commercial bond capacity
Our common sense underwriting approach emphasizes both business and personal financial strength, allowing us to evaluate each submission on its own merit and in some cases, even consider bond sizes that exceed our published limits.
Supportive Technology for Large Bonds
To help our underwriters focus their expertise where it’s needed most, Merchants has made significant investments in technology that streamline smaller, transactional commercial surety business.
Using tools like the Merchants Bonding Company HubTM and the Hub Express, agents can:
- Instantly issue standard license and permit bonds.
- Manage their own renewals and cancellations.
- Access over 7,000 different bond forms.
- Share bond links directly with their clients to order their own bond.
This innovation allows our commercial surety team to dedicate more time to account-driven underwriting.
Account Driven, Relationship Based
At Merchants, large bonds are more than just high-dollar transactions, they’re the foundation of long-term partnerships. That’s why we take an account-driven approach, focusing on sustainable program structures and providing consistent, first-class experiences.
That means ongoing relationships with dedicated underwriters, transparent communication at every stage, and tailored solutions that evolve alongside your client's needs. Whether it’s one large bond or a bundle of obligations across multiple industries, our focus remains on building relationships and supporting growth for our agency partners.
Recent Successes Across Bond Types
Merchants is a market for a variety of commercial surety bonds, including:
- License & Permit Bonds
- Notary Bonds
- Court Bonds
- Indemnity & Financial Guarantee Bonds
- Fiduciary/Probate Bonds
- Fidelity & ERISA Bonds
- Public Official Bonds
- Non-construction Performance Bonds
- Miscellaneous Bonds (e.g., utility deposit, patient trust, lost securities, union wage & welfare)
Here are a few of our sizeable bonds and accounts:
|
Bond Amount
|
Bond Type
|
|
$30 million aggregate
|
License & Permit
|
|
$20 million single bond
|
Indemnity
|
|
$19 million single bond
|
Financial Guarantee
|
|
$14 million aggregate
|
Court
|
Have a bond opportunity you'd like to discuss? Submit an appointment request on our website and provide more information about your surety bond needs.
What Sets Merchants Apart?
| Exclusively-Focused on Surety |
| Unlike other surety companies with multiple lines of business, surety is all we do. |
| Increasing Surplus |
| Merchants continues to build momentum, driving its surplus to $330 million in 2024. Our surplus growth provides us the resources to responsibly support our multi-million dollar appetite for commercial surety bonds. |
| Four Generations of Leadership & Expertise |
| With a stable business philosophy, a family work environment and a focus on making a difference in the community, Merchants has over nine decades of experience, tradition, leadership and innovation. |
Looking Ahead
As the needs of agents and principals evolve, so does our appetite. We’re continuing to grow our commercial surety capabilities through responsible expansion, automation, innovation, and personalization fulfilling our long-term vision:
“To become twice the enterprise through innovation and responsible growth.”
Merchants prioritizes a first class experience for all our agent partners and we’re here to make sure your bonding process is smooth and successful.