A Surety Bond is a written promise that an insurance company will protect your assets and back up the promises made by someone else. Phillips Brokerage will work with you to find outstanding products supported by value-added services to commercial banks, savings and loans, insurance companies, finance and loan companies, and credit unions.
Construction Bonds - Bid, Performance and Payment Bonds and Supply bonds for contractors with program capacity needs from “First Bond” to $25 million.
Fidelity Bonds - ERISA (Pension Plans), Business Services Bonds (Janitorial)
Financial Institution Bonds and D&O Coverage - Commercial Banks and Savings Institutions, etc.