Surety Bonds & Guarantees
Allianz Trade surety bonds offer a powerful guarantee for the fulfilment of a contract across a wide range of UK industries.
What are surety bonds?
How do surety performance bonds work?
A surety bond creates a triangular relationship between you (the supplier or contractor), your employer (the project owner) and a surety bond company such as Allianz Trade.
Allianz Trade Surety Bond benefits
With Allianz Trade’s financial strength, our surety bond expertise and our alternative to bank bonds, contract surety is a given whilst freeing up bank lines of credit.
Reliability
Our AA rating means our bonds can be relied upon by clients globally, and are often a preferred product.
Liquidity
Our alternative to bank bonds doesn’t restrict your banking credit or reduce liquidity.
Growth
Our surety bonds give you and project owners the confidence to tackle ambitious projects.
The surety bonds we offer
Allianz Trade issues a variety of different types of surety bonds to meet the particular needs of different sectors and circumstances. These include:
How to obtain a surety bond
1. Apply online
New customers (including brokers) apply for a bond facility, sharing bond requirements and financial information online
2. Confirmation
Enquiries need to pass our initial checks during the online process, then we email to confirm whether we can help
3. Underwriting
Our underwriting team capture additional information from you as part of the underwriting process
4. Surety bond issued
Once the facility is in place and your bond application is complete, your bond is issued
New customers (including brokers) can apply for a bond facility online by providing financial information and initial bond requirements.
The online process takes around 5 minutes, with an immediate decision in principle given on whether the application meets our minimum underwriting criteria.
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