Services

Surety Bonds

In collaboration with insurance companies, we offer competitive terms for the issuance of surety bonds, with flexible and efficient processes.

Issuance of Surety Bonds

Surety Bonds / Letters of Guarantee (L/G) are no longer solely the domain of banking institutions. Our partnerships with insurance companies allow us to offer our clients competitive terms, as well as fast and effective processes.

What we offer:

Collaboration with insurance companies with high credit ratings.

The high solvency of the insurance companies we work with ensures strong reliability. The Surety Bonds are accepted by both the public and private sectors.

Coverage of almost all types of Surety Bonds for businesses and the public sector.

Our high level of expertise enables us to handle a wide range of Surety Bonds, including special cases. The beneficiaries of the Surety Bonds can be businesses, but also the Greek Public Sector (Public Law Legal Entities and Private Law Legal Entities) such as Ministries, State Authorities & Organizations, Hospitals, Municipalities, and Municipal Enterprises, RAE, ADMIE, DEDDIE, Public Utility Organizations, Port and Marina Management Organizations, Public Works Construction and Management Organizations, Hellenic Republic Asset Development Fund, etc.

Cooperation limits per client.

We respond to individual Surety Bond requests, as well as cooperation limits (usually lasting one year).

Ability for high amounts per Surety Bond.

The maximum amount of a Surety Bond is determined by the risk underwriting policy of the insurance company. The high solvency and size of the insurance company are also linked to its ability to take on higher amounts per Surety Bond.

Durations covering all needs.

The durations of Surety Bonds vary depending on their type. Through our partnerships, we can cover almost all client needs.

Immediate handling of requests.

Our flexible and fast processes enable us to respond to demanding timeframes.

Competitive and personalized pricing.

The pricing is tailored to the risk of each type of Surety Bond, as well as to the residual risk once the offered guarantees/securities are considered.

Taking guarantees within the framework of a personalized relationship with the client.

Risk assessment and the taking of guarantees apply to each Surety Bond and client individually, according to the policies of the collaborating insurance companies.

WHO WE ARE TARGETING

Our insurance program for Surety Bonds is an excellent choice for businesses working with the public sector, the wider public sector, and its companies, as well as private sector companies.

Among others, the program is particularly relevant for:

Construction/Engineering Companies

Companies/Individuals managing and/or investing in Renewable Energy and Energy Storage projects (RES)

Companies operating in Public-Private Partnerships (PPP)

Tobacco & Beverage Companies

Tourism businesses

Our Services
About Surety Bonds

FINASSURANCE

Insurance Agent
Coordinator of Insurance Agents
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