The Arch Insurance Surety team is highly committed to the construction market and provides consistent underwriting and innovative solutions to meet our customer needs. We take a comprehensive underwriting approach and seek to understand what makes each company unique.
Underwriting Strategy and Philosophy
Arch bonds well-managed, well-capitalized construction companies with demonstrated expertise. Our Field Office personnel understand the nuances in their assigned territories. Home Office is available to meet with accounts throughout the underwriting process.
Types of bid, performance and payment bonds::
Preferred target market accounts have bonded cost to complete between $10 million and $200 million. We can accommodate larger programs for the most high-quality accounts.
Attributes of our ideal customer include:
- Demonstrated success with projects of similar size and scope
- Proven management
- Profitable operations with effective systems and controls in place
- Strong, liquid balance sheet relative to program requirements
- Excellent character of principals
Arch Surety works with agents and brokers specializing in Surety (NASBP, National brokers). Consistent with our appetite we invite brokers to inquire about an appointment with Arch.
Insurance coverage is underwritten by a member company of Arch Insurance Group Inc. This is only a brief description of the insurance coverage(s) available under the policy. The policy contains reductions, limitations, exclusions and termination provisions. Full details of the coverage are contained in the policy. If there are any conflicts between this document and the policy, the policy shall govern. Not all coverages are available in all jurisdictions.