Surety

Simkiss & Block was  founded as a surety brokerage operation over 40 years ago and still specialize in this area as one of the largest independent surety brokers in the country. We maintain strong and deep relationships, on both a local and home office level, with the largest commercial surety companies in the world. These relationships have proven to be an invaluable asset in developing programs best suited to meet client needs. Virtually every year we are recognized by at least one of the major sureties as their largest independent producer nationwide. Our broad market representation, combined with our attention to detail and customer satisfaction, has enabled us to develop valued partnerships with many national companies. Our client roster includes publicly and privately owned companies of all sizes and spanning all industries from construction to manufacturing to financial services to technology and everywhere in between. We have obtained these clients on the basis of our expertise, creativity and service that other brokers could not match in this highly specialized niche. We recognize that no two bond needs are the same and every solution needs to be customized to the specifics of the client and their particular situation. We focus each negotiation with an underwriter on the details of that client’s credit profile, the actual obligation of the underlying bond form and we think outside the box to find the solution that provides maximum value to that client. We pride ourselves on being highly responsive to our clients’ needs, and make use of state of the art technology to help us do so. We utilize a web-based system through which we process and track each bond, and are able to provide electronic bonding where allowed by obligees. We can provide powerful and customized data to our clients about their surety programs in real time. Our experts regularly negotiate surety programs which include:

  • Performance & Payment Bonds
  • Subdivision and other bonds for homebuilders and developers
  • Court Bonds – including Plaintiff and Defendant
  • Fiduciary / Probate Bonds – including administrators, executors, trustees & guardians
  • Tax Bonds
  • Material & Supply Bonds
  • Financial Guarantee Bonds – including uses as alternatives to letters of credit
  • License & Permit Bonds
  • Environmental Bonds
  • Financial Institution Bonds
  • Self Insurance Bonds

Testimonials

By providing outstanding services and utilizing their many years of experience in the surety business, Simkiss & Block has helped us create an outstanding surety program that we believe is one of the best in the homebuilding industry.

When we needed an important and difficult bond which our global broker had not been able to produce, we turned to Simkiss & Block.  They arranged it in a week on very favorable terms and we have relied on Simkiss & Block ever since for all our surety needs with great satisfaction.  They have earned our full recommendation.

610-727-5300

Simkiss & Block

2 Paoli Office Park
P.O. Box 1787
Paoli, PA 19301-0826

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