Surety

Surety

IAT Surety

As one of the largest privately-owned surety providers, IAT Surety offers a broad range of products and solutions to both construction and non-construction companies and individuals. For more than 100 years, we have been recognized for our commitment to underwriting a broad range of surety risks and for loyalty to our clients through unpredictable business cycles.

Our primary focus includes small to mid-sized contractor (GC’s/subs/engineering/heavy highway) performance and payment bond obligations. In addition, we offer a comprehensive commercial surety suite of products, such as, compliance, probate, financial guarantee, customs, contract and many other obligations.

Through close partnerships with our network of partners, our regional offices have the resources to make quick and informed underwriting decisions.

IAT’s Surety business unit is headquartered in Newark, NJ with more than 20 regional office locations across the country.

Since becoming a member of IAT Insurance Group in October 2018, our Surety team has benefited from enhanced financial resources. At the close of 2019, IAT reported $3.1 billion of cash and invested assets. IAT Insurance Group and its business units are rated A- “Excellent” by AM Best with financial size categories ranging from VII to XI. Surety business is written through Harco National Insurance Company (AM Best A- XI).

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