Surety One

Description

Base Commission. Producers are generally paid a Base Commission for the sale and service of policies. Base Commission is a fixed percentage of the policy premium or a fixed amount per policy set prior to the sale (effective date) of the policy to which it applies. The percentage or amount may vary depending on certain factors, such as the type of product, the risk classification, whether the policy is new or a renewal, whether another policy is written for the same insured, and the services provided to the policyholder.

Suret(ies) sell insurance products and services through insurance agents and brokers, commonly referred to as "Producers." The compensation paid to producers is designed to encourage them to sell products, place profitable business with the surety(ies), and provide services to policyholders. A producer may receive one or more of the below payments, depending on the Producer's business relationship with its surety(ies).

Our holding company and it's subsidiary firms are diverse but strongly focused on the surety environment. There is no bond for which we do not have an appetite. If it is bondable and we can "get our heads wrapped around" the obligation, we will offer terms. Our philosophy is to NEVER DECLINE A BOND. Again, if it's a bond, we WILL offer terms!

We specialize in underwriting commercial surety, contract bonds and fidelity bonds. Licensed in all fifty states, Puerto Rico, . . .

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