Surety

U.S. Insurance Products

Overview

Sompo International acquired Lexon Surety Group, LLC on June 1, 2018. Now one of the 10 largest surety companies in the U.S. marketplace, Sompo International utilizes a nationwide network of independent agents and brokers and our surety products are available in 50 states, Washington D.C., Guam, the Northern Mariana Islands, the U.S. Virgin Islands, and Puerto Rico. 

Our Surety team has extensive experience in all surety products and has the expertise to underwrite a wide range of exposures – from traditional to hard-to-place accounts – to meet the varying needs of our clients. 
 

Target Clients

We offer a full spectrum of surety products for a broad range of target industries including:

  • General, trade, environmental, and heavy construction contractors and sub-contractors
  • National/regional home builders and developers
  • National and international publicly traded and privately held companies
  • Financial services companies
  • Service companies with an emphasis on transportation, waste, and security sectors
  • Energy companies in the oil, gas, and coal sectors

Products

We offer a full suite of surety products including:

  • Performance & Payment Bonds
  • License & Permit Bonds
  • Probate & Court Bonds
  • Non-Construction Performance Bonds
  • U.S. Customs Bonds
  • Additional Commercial & Contract Surety Bonds

Capacity

  • Aggregate Bond Program limits up to $180M for qualified clients

Underwriting/ Claims Capabilities

  • Consistent and detailed underwriting approach
  • Dedicated claims team with specialized surety expertise
  • Extensive experience working with contractors and surety agents
  • Emphasis on responsive service

Nationwide Agent Network

We work through a nationwide network of knowledgeable and experienced independent agents and brokers and can connect you with the agency best suited to handle your specific need. Inquiries regarding new agency appointments should be directed to suretybilling@sompo-intl.com.  

Financial Strength