Coverage Highlights
Argo Surety specializes in supporting commercial and contract bonds for international surety clients, offering competitive rates, quick responses and a thoughtful underwriting approach to the obligation and country in which surety is needed. Argo Surety has capacity to support up to $500 million for qualifying customers. Our underwriting approach is tailored for each need, with consideration of the individual risk profile and bonded obligation, as well as the country-specific requirements.
Coverage Available
- Contract bonds
- Commercial bonds
Coverage Amounts
Minimum bond premium:
- $10,000/bond (excluding Canada ($500/bond) and Mexico ($5,000/bond))
- $100,000/account
Coverage Limits
Bond program capacity*:
- $100 million single
- $500 million aggregate
*Net of collateral
Appetite & Availability
Targeted classes
Include:
- Service contractors
- Transportation
- Manufacturing
- Coal/mining
- Energy/oil and gas
- Industrial equipment
- Waste services
- Technology
- Retail
- Insurance/financial services
- Public utilities
- Healthcare
- Home builders
Geographic availability
- Licensed:
- United States
- Puerto Rico
- U.S. Virgin Islands
- Guam
- American Samoa
- Fronting capabilities:
- North America (Canada/Mexico/Dominican Republic)
- All EU countries and the U.K.
- Australia
- Central and South America (Guatemala/Costa Rica/Panama/Chile/Uruguay/Colombia/Peru/Argentina