Our Surety solutions
Our specialist surety unit has been at the forefront of the surety bond market for over 65 years developing long-standing customer relationships through all economic cycles.
We provide access to surety bonds in 25 countries, helping customers enter new international markets.
Contract Surety bonding
Contract Surety Bonding involves a three party agreement by which one party (the Surety) guarantees to a second party (the project owner/the beneficiary) the successful performance of a contract by a third party (the contractor/ the principal).
Simply, a Zurich bond is a guarantee of the obligations of one company to another, with the assurance that Zurich will cover any potential loss up to the agreed bond limit.
Beneficiaries of a Zurich bond can be assured that not only has Zurich assessed the financial strength of the contractor, but also its ability to fulfill its obligations to completion.