Business Insurance

Surety Bonds

At IAT Insurance Group, our Surety business unit is committed to providing comprehensive, reliable Surety solutions to meet the diverse needs of our agent partners and customers.

As one of the largest privately-held domestic surety carriers, we leverage our deep expertise and extensive experience to deliver customized surety programs that support both construction and non-construction clients. Our goal is to help agents build and maintain long-term relationships with clients by offering solutions that are as flexible as they are secure.

What are Surety Bonds?

A Surety Bond is a contractual agreement that ensures the fulfillment of an obligation. It involves three parties: the principal (the entity responsible for the obligation), the obligee (the entity requiring the bond), and the surety (the party guaranteeing the principal's performance). If the principal fails to meet their obligations, the surety bond provides financial protection to the obligee, covering potential losses and ensuring compliance with contractual agreements.

IAT's Surety Solutions

IAT Surety stands out in the industry due to our ability to underwrite based on both tangible and intangible qualities, allowing us to tailor surety solutions that fit the unique requirements of each account or bond request. Our surety bonds are backed by an $80M+ T-Listing, giving clients the confidence they need in a surety provider.

Surety Highlights

IAT Insurance Group offers a broad spectrum of surety bond options to address diverse client needs through these four major business lines:

Contract

Our largest segment, supporting contractors with performance and payment bonds, ensuring they meet their contractual obligations.

Learn more

Commercial

Offering a broad range of bonds, including non-construction performance bonds, financial guarantee bonds, and more. Our partnership with C.A. Shea & Company, Inc. allows us to handle U.S. Customs bonds efficiently, reinforcing our reputation as a reliable surety provider.

Learn more

Specialty

Catering to contractors* who may not fit the "standard" surety model.

*Contracts with infrequent bond users’ firms with limited financial presentation like tax returns or internal statements

Subdivision

Covering commercial developers and large regional and national home builders.

Target Classes

Our Surety business unit specializes in a diverse range of target classes, including:

Construction Contractors

General, trade, specialty, heavy highway, and subcontractors are covered with performance and payment bonds.

Learn more

Fortune 2000 Companies

We provide surety solutions for large corporations requiring high-limit bonds, ensuring that their diverse needs are met with precision and reliability.

Privately Held Companies

Whether clients are small to mid-sized businesses or privately held firms, we offer a range of commercial surety bonds tailored to their specific needs.

Specialty Contractors

For contractors who don't fit the standard surety model, we provide customized bond solutions, including those with adverse financial conditions or limited financial presentation.

Learn more

Subdivision Developers

We have a strong history of providing subdivision bonds, with capacities for commercial developers and large regional or national home builders.

Claims & Legal

Legal obligations can arise unexpectedly in the business landscape. IAT's Claims and Legal team serves as a value-add to our customers.

Learn more

Partner with IAT Insurance Group

With more than 20 regional office locations across the country, IAT Surety is always within reach to provide the support and expertise you need. Our commitment to service-oriented, reliable bond solutions has earned us the trust of agents and their clients nationwide for more than 120 years. By partnering with IAT, you’re choosing a surety provider that values long-term relationships and is dedicated to helping you succeed.