Surety

Commercial Surety

Whether you need large individual bonds or bonds in multiple states, Chubb’s account-based underwriting approach offers a customized solution to meet your unique needs.

Coverage Highlights

Benefits

  • Committed to providing surety solutions and services for more than 130 years
  • Global bond issuance capabilities, where legally permissible
  • Coordination of clients' insurance needs through the Chubb network of products and services
  • Ability to accept cash, letters of credit and other liquid collateral facilities

Coverage

We specialize in underwriting the following types of commercial surety bonds:
  • Supply/Supply and Install
  • Customs
  • License and Permit
  • Lost Instrument
  • Fiduciary and Litigation
  • Performance and Payment Bonds for Service Contractors
  • Subdivision Bonds
  • Court Bonds
  • Reclamation Bond
  • Closure/Post-Closure Bonds
  • Workers Compensation
  • Miscellaneous (Traditional Surety Only)

Limits

  • Limits on a per account basis
  • Higher limits available through partially or fully secured facilities

Client Profile

  • Public and strong private companies, including
    • Manufacturers
    • Municipal solid waste haulers
    • Service contractors
    • Transportation firms
    • Aerospace companies
    • Pharmaceutical companies
    • Energy firms
    • Oilfield services firms
    • Coal and metals mining companies
    • IT consulting firms
    • Financial institutions
    • Concessionaires
    • Reverse flow business
  • Larger, privately held companies
  • National and regional brokers