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Surety Bonds

As a surety leader for more than 140 years, Chubb is a partner you can count on and grow with.

brokers shaking hands

Why Chubb Surety?

Our surety roots run deep and strong. We wrote our first bond over 140 years ago and stand today as a trusted worldwide surety leader. Dedicated to serving our clients’ unique needs, we provide consistent, dependable expertise to protect a wide range of businesses with our financial strength, our stability, our capacity, and our commitment. 

Years proudly serving the surety market since 1882
Largest surety provider in the U.S. [1]
25 years
Average tenure on our surety senior leadership team
Countries and territories where we have surety capabilities [2]
Why Chubb
Why Chubb

Our surety expertise is strong

We combine over a century of experience with the latest industry knowledge and unite capacity and proven financial strength with deep customer focus to create the surety solutions that your business needs.


Customer-centered approach

Chubb builds close, reliable, and lasting business relationships with deep understanding of our clients’ unique cultures, leadership, and business plans. With trust, information flow, and collaboration, leadership teams have ready access to our surety professionals who will work to find solutions for even the most challenging projects.

Strength and stability

Chubb’s track record of exceptional financial strength and stability is supported by experienced underwriting and unwavering commitment to client success. That’s what makes us the ideal surety partner. 

Deep expertise

Look to us for critical industry knowledge as our surety underwriting team stays focused on the latest local, national, and global trends. Whether you’re building joint-venture relationships, negotiating contract terms, or even transferring ownership, we provide insights and information that can enhance your business. 


A market leading surety with coverage across the globe

We have surety capabilities in more than 50 countries and territories worldwide.[2] Our global branch network and our well-developed fronting arrangements provide you with surety bond solutions throughout North America as well as many countries in Europe, Central and South America, and the Asia/Pacific region. 

Our People

Deep expertise characterizes our Chubb Surety professionals

Your surety provider’s knowledge of surety complexities makes a big difference. Chief among Chubb’s valuable capabilities is the high level of hands-on experience in our large and dedicated surety team.


Stephen Haney

President, North America Surety and Chief Underwriting Officer, Global Surety
With more than 30 years of surety experience, Steve Haney has executive oversight of Chubb’s global surety operations, which includes underwriting, product and business development, and overall strategy. Steve has served as President of The Surety and Fidelity Association and currently sits on the association’s board. Steve holds a Bachelor of Science in Finance from Penn State University.

Teresa Black

Chief Operating Officer, North America Surety
Responsible for the underwriting, strategy, and profitable growth of Chubb's commercial and construction surety businesses in North America, Teresa Black has over 25 years of industry experience. Teresa holds an MBA in Finance from the Leonard N. Stern School of Business at New York University and a Bachelor of Arts degree in Economics from Binghamton University.

Richard Barnett

Head of North America Construction Surety
With four decades of surety experience, Rich Barnett heads the underwriting, strategy, and product management of construction surety products and services offered through our global large accounts segment. Rich holds Bachelor of Arts degrees in Business Administration and Economics from Wartburg College and is a Chartered Property Casualty Underwriter (CPCU).

Bruce Cliff

Head of International Surety
Bruce Cliff has oversight of surety operations for Chubb Overseas. With over 35 years of surety experience, Bruce is responsible for advancing international surety’s underwriting, strategy, and profitability. Bruce holds Bachelor of Arts degrees in Business Administration and Finance from Wittenberg University and a Juris Doctor degree from Valparaiso University.


 "We have long-tenured people who believe in a lasting culture of underwriting excellence, deep meaningful relationships, and an enduring business strategy," says Rich Barnett. "The cornerstone of these long-standing relationships is not simply providing surety capacity. It’s things like taking a deep interest in your clients’ business, listening, preparedness, and fostering an environment of consistency."

Read More

The Surety & Fidelity Association of America and EY partnered to develop an in-depth report on the economic value of surety bonds. Review the one-page report linked below to learn more about why surety bonds are so important from saving taxpayers money to protecting local workers.

Get the Facts

Marketing Resources

We have the expertise, the capabilities, and the tools for your surety success.

Chubb Surety solutions and services

Our surety roots run deep. We’re grounded in a solid foundation of experience, we span a variety of businesses, and we’re deeply committed to building successful relationships with our clients.

Engineering New-Record (ENR) Top 400 Contractors

We at Chubb are honored to be the trusted exclusive surety or co-surety provider for many of the ENR Top 400 Contractors, including over 30% of the top 100 contractors, as highlighted in yellow on the report linked below.

Chubb Surety Marketplace

Quickly submit applications, issue, and renew commercial surety bonds online. We offer a broad range of bond forms across many jurisdictions. Each form is configured to permit same-day execution.


Want more information on Chubb surety products and capabilities?

We’d welcome the opportunity to discuss your needs and how our team and our solutions can help.


Chubb is the marketing name used to refer to subsidiaries of Chubb Limited providing insurance and related services. For a list of these subsidiaries, please visit our website at  Insurance provided by ACE American Insurance Company and its U.S.- based Chubb underwriting company affiliates.  All products may not be available in all states. This communication contains product summaries only.  Coverage is subject to the language of the policies as actually issued.  Surplus lines insurance sold only through licensed surplus lines producers.  Chubb, 202 Hall's Mill Road, Whitehouse Station, NJ 08889-1600.

According to The Surety & Fidelity Association of America

As of May 2023. See full international capabilities here