BOSS Bonds Insurance Agency, a subsidiary of General Indemnity Group (GIG), has announced a strategic partnership with Kingdom Bonding, based in Fairfax, Virginia, to implement its innovative SuretyBonds.Market (SBM) platform.
This collaboration is set to significantly enhance Kingdom Bonding’s ability to offer comprehensive surety bond solutions, particularly targeting the construction and contractor industries.
The SBM platform, developed by BOSS Bonds, is designed to simplify and optimize the surety bond process. It offers agents a seamless experience to manage bonds at every stage, from application and underwriting to issuance and renewals.
Rick Bredow, Head of Business Development at BOSS Bonds, highlighted that the deployment of the SBM platform will empower Kingdom Bonding to serve its clients more effectively. By leveraging advanced technology, insurance agents can expand their offerings within the surety bond market.
Neb Aynu, Founder and Owner of Kingdom Bonding, expressed that the partnership aligns with Kingdom Bonding’s mission to support minority-led construction firms in securing financial stability. Aynu also emphasized that the SBM platform not only enhances customer-facing interactions but also improves back-end operations, leading to greater efficiency and superior customer service. He noted that the integration of advanced technology with live support offers a unique and seamless bonding experience.
With over four decades of industry experience, BOSS Bonds operates as a national surety managing general agency, licensed in all 50 states.
Earlier this year, GIG rebranded BOSS Bonds following its merger with South Coast Surety Insurance Agency. This rebranding consolidated the various surety agencies acquired by GIG since 2017, establishing BOSS Bonds as a comprehensive provider of surety products and solutions for insurance agents and clients across the country.
In addition to rebranding, GIG integrated SuretyBonds.Market (SBM) under BOSS Bonds.