Surety Services

sur•e•ty - 1. The state of being sure; certainty; security. 2. (a) that which makes sure; that which confirms; ground of confidence or security. 3. Security against loss or damage; security for payment, or for the performance of some act. 4. (Law) One who is bound with and for another who is primarily liable, and who is called the principal; one who engages to answer for another's appearance in court, or for his payment of a debt, or for performance of some act; a bondsman; a bail.

Source: Webster's Revised Unabridged Dictionary, © 1996, 1998


Brown & Brown Surety Services can provide solutions for all bonding needs. From small businesses to Fortune 500 firms we have a multitude of surety bond products in areas such as Contract, License & Permit, Court, Fidelity, Fiduciary and Miscellaneous Bonds. Our experience and expertise in the surety industry, coupled with our considerable resources of Brown & Brown Insurance enable us to deliver extraordinary results to our clients.

Our goal is to create a partnership with our clients, fulfilling their bonding needs. Throughout this partnership, Brown & brown is committed to establishing and maintaining strong surety relationships. This, is the added value that Brown & Brown brings to each and every one of it's clients.

If you have questions, or would like additional information regarding Brown & Brown Surety Services, please contact Deborah Williams Bond Manager at (602) 651-7146 or dwilliams@bbphoenix.com

Contract Bonds
The bonds given in conjunction with construction are known as Contract bonds. They are separated into bid, payment and performance, subdivision, and maintenance bonds. Contract bonds provide a guarantee of performance of a contract or obligation. In the public sector, bonds are required by governments for the purpose of pre qualification and to assure successful completion of public construction contracts. Brown & Brown Surety Services offers the full range of contract bonds with superior service and quick turnaround on bid and final bond requests. To apply for a Contract bond please print and fill out the Contract Bond Questionnaire and FAX it to Deborah Williams at (602)651-7144. To request a Bid Bond, please print and fill out the Bid Bond Request Form and fax it to Deborah Williams at (602)651-7144. To request a Final Bond please print and fill out the Final Bond Request Form and fax it to Deborah Williams at (602)651-7144.

License and Permit Bonds
These are bonds, which are required to obtain a license or a permit in any city, county, or state. These bonds guarantee compliance with underlying statutes, state laws, municipal ordinances, or regulations. Brown & Brown Surety Services offers License & Permit bonds with superior service and quick turnaround.

Court Bonds
A general term referring to bonds required in some action of law.

Fidelity Bonds
Fidelity bonds guarantee the honesty of your employees. These bonds cover losses arising from employee dishonesty and indemnify the principal for losses caused by the dishonest actions of its employees. Brown and Brown offers Fidelity bonds in the categories of Commercial Crime and ERISA (401k).

Fiduciary Bonds
Fiduciary bonds, are required by courts, or legal documents for the protection of those on whose behalf a fiduciary acts. They guarantee a fiduciary will act in an honest and faithful manner regarding all affairs of the person who cannot do so themselves.They are needed under a variety of circumstances, including the administration of an estate and the management of affairs of a trust or a ward.

 

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