Surety
Underwriting, claims, recovery, loss control, and risk management services provided by surety specialists.
Discover the Benefits of AIG's Surety Products
With a focus on large credit lines we have the underwriting expertise, capacity, and global reach to customise a surety bond precisely for you.
Free up your capital
Surety bonds are a viable alternative to bank bonds or letters of credit, improving your liquidity by freeing up bank lines for working capital and possible acquisition financing.
New opportunities
Transferring the risk of contractor default to a surety bond opens up your job tender opportunities, supporting order book grants and cash-flow contractor default can be transferred to a surety.
Worldwide support
Many of our clients operate in a global marketplace. We recognise the need for global support with surety centres of excellence in London, New York, Toronto, São Paulo, Hong Kong, Shanghai, Sydney and Singapore.
Customised solutions
We handle traditional and non-traditional surety with equal ease and can customise a wide variety of products to match the diverse needs of our clients.
- Contract Bonds
- Bid bonds
- Performance/Labour & material payment bonds
- Supply bonds
- Advance payments
- Alternative to bank performance letter of credit
- Commercial bonds
- Court/Judicial bonds (e.g. appeal bonds)
- Licence & permit bonds
- Construction
- Engineering (mechanical and electrical)
- Energy (traditional and alternative)
- Project finance deals
- All other sectors with a bond requirement (other than financial guarantee)
- Infrastructure
- Telecommunications
- Support services
- Transportation
- Over 70 years’ surety underwriting experience
- Flexibility and ability to consider projects up to 10 years’ duration
- Significant capacity available
- Work closely with brokers and intermediaries at a local, regional or international level as required.