BOSS Bonds Partners with Associated Insurance Services to Deploy SuretyBonds.Market Platform

BOSS Bonds Partners with Associated Insurance Services to Deploy SuretyBonds.Market Platform

By Staff Writer on July 08, 2024
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BOSS Bonds Partners with Associated Insurance Services to Deploy SuretyBonds.Market Platform
Learn how BOSS Bonds and Associated Insurance Services are transforming the surety bond industry with the SuretyBonds.Market (SBM) platform. Discover how this partnership streamlines bond management and enhances client service.

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BOSS Bonds Partners with Associated Insurance Services to Deploy SuretyBonds.Market Platform
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Post Summary

What is the SuretyBonds.Market (SBM) platform?
The SBM platform is a cutting-edge technology developed by BOSS Bonds to streamline the surety bond process, from application and underwriting to issuance and renewals.
What is the purpose of the partnership between BOSS Bonds and Associated Insurance Services?
The partnership aims to enhance Associated Insurance Services’ ability to deliver comprehensive surety bond solutions while leveraging the SBM platform to improve efficiency and client service.
How does the SBM platform benefit agents?
The platform allows agents to monitor and manage their clients’ bonds at every stage, improving efficiency and enabling them to focus on their specialties.
What industries does the SBM platform target?
The SBM platform is designed to support industries like construction and contracting, where surety bonds are critical for compliance and project success.
How does BOSS Bonds support agents using the SBM platform?
BOSS Bonds provides expert guidance and support, ensuring agents can seamlessly deliver surety bond solutions to their clients.

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BOSS Bonds Insurance Agency, a subsidiary of General Indemnity Group (GIG), announced today it has struck a partnership with Associated Insurance Services of Boise, ID to deploy BOSS Bonds’ industry-leading SuretyBonds.Market (SBM) platform.

BOSS Bonds’ exclusive SBM platform is the leading technology solution for agents to seamlessly deliver surety bond solutions to clients. This advanced surety portal was meticulously crafted by industry experts to streamline processes and enhance efficiency within the surety sector and throughout the surety value chain.

The platform allows agents to monitor and manage their clients’ bonds throughout every stage, from application and underwriting to issuance and renewals. The SBM portal is supported by the surety experts at BOSS Bonds, allowing agents like those at Associated Insurance Services to focus on their specialty, while offering their clients the best surety solutions on the market.

“We are thrilled that Associated Insurance Services has deployed SuretyBonds.market to unlock surety bond solutions for their customers,” said Rick Bredow, BOSS Bonds’ head of business development. “This partnership represents our efforts to put advanced technology into the hands of insurance agents, allowing them to confidently capture more income in this often-overlooked segment of insurance.”

“BOSS Bonds helped us to unlock the potential of offering surety bonds to our clients in a way that we have not seen from a technology platform previously,” said Clint Paskewitz, CRA® Paskewitz, commercial risk director of Associated Insurance Services. “The SuretyBonds.Market platform and the entire BOSS Bonds customer service team has been a godsend for helping us to achieve our vision of offering the broadest set of insurance products to our customers, with surety bonds now being one of those offerings in our portfolio.”

Apply for Surety Bonds Through Our New Partner Portal

Take advantage of the combined expertise of Associated Insurance Services and BOSS Bonds. Visit their portal now to get bonded quickly and access dedicated surety guidance.

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Associated Insurance Services

About BOSS Bonds Insurance Agency

BOSS Bonds is a leading hub for comprehensive surety solutions. With over 40 years of experience amongst its agents, BOSS Bonds is licensed in all 50 states with the distinction of being a National Surety Managing General Agency. Its seasoned agents possess unparalleled insight into market preferences for various bonds, from securing the most competitive rates available to leveraging established relationships to secure the best bond programs tailored to a client's needs. BOSS Bonds is a subsidiary of General Indemnity Group, LLC.

General Indemnity Group

General Indemnity Group, LLC ("GIG") is an insurance holding company founded in 2015. It specializes in acquiring and operating companies that underwrite and distribute insurance products. GIG’s current holdings include surety insurance agencies, as well as an "A- Excellent" (AM Best rating) monoline surety insurance company. GIG is a wholly owned subsidiary of Boston Omaha Corporation, a public holding company with businesses engaged in diverse activities including advertising, real estate, insurance, broadband and other investments. For more information, visit www.bostonomaha.com. Learn more about GIG at www.gi.insure.

Forward-Looking Statements

Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “believe,” “anticipate,” “intends,” “estimate,” “forecast,” “project,” “plan,” “potential,” “may,” “should,” “expect,” “pending” and similar expressions identify forward-looking statements. The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, our management's examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs, or projections.

Key Points:

What is the SuretyBonds.Market (SBM) platform, and how does it work?

The SuretyBonds.Market (SBM) platform is an advanced technology solution developed by BOSS Bonds to simplify and optimize the surety bond process. It allows agents to:

  • Monitor and manage bonds: Track bonds through every stage, from application to renewal.
  • Streamline workflows: Reduce administrative burdens and improve efficiency.
  • Enhance client service: Provide transparency and real-time updates to clients.

The SBM platform is supported by BOSS Bonds’ team of surety experts, ensuring agents like those at Associated Insurance Services can focus on their specialties.

What is the significance of the partnership between BOSS Bonds and Associated Insurance Services?

The partnership between BOSS Bonds and Associated Insurance Services marks a significant step forward in the surety bond industry. Key benefits include:

  • Enhanced capabilities: Associated Insurance Services can now offer more comprehensive surety bond solutions.
  • Technology-driven efficiency: The SBM platform simplifies bond management, enabling agents to deliver faster, more reliable solutions.
  • Focus on client service: Agents can provide better support and transparency to their clients.

How does the SBM platform benefit agents and their clients?

The SBM platform provides several advantages for agents and their clients:

  • For agents:
    • Simplifies the bond application and underwriting process.
    • Provides tools to manage bonds throughout their lifecycle.
    • Reduces administrative tasks, allowing agents to focus on client relationships.
  • For clients:
    • Ensures transparency and real-time updates on bond status.
    • Speeds up the issuance and renewal process.
    • Improves overall customer experience.

What industries does the SBM platform primarily serve?

The SBM platform is designed to support industries where surety bonds are critical, including:

  • Construction: Ensuring compliance and project success for contractors.
  • Contracting: Streamlining bond management for subcontractors and general contractors.
  • Retail and small businesses: Providing tailored solutions for businesses requiring license and permit bonds.

By focusing on these industries, the SBM platform addresses the unique challenges faced by professionals in high-demand sectors.

How does BOSS Bonds support agents using the SBM platform?

BOSS Bonds provides comprehensive support to agents using the SBM platform by:

  • Offering expert guidance: Helping agents navigate the complexities of surety bonds.
  • Providing training and resources: Ensuring agents can maximize the platform’s capabilities.
  • Delivering competitive solutions: Offering affordable rates and fast approvals.
  • Maintaining transparency: Allowing agents to track commissions, applications, and renewals in real time.

Partner with BOSS Bonds to leverage the SBM platform and transform your surety bond operations.

What makes the SBM platform a game-changer in the surety bond industry?

The SBM platform stands out as a game-changer due to its:

  • Comprehensive features: Covers every stage of the bond lifecycle, from application to renewal.
  • User-friendly interface: Simplifies complex processes for agents and clients.
  • Expert support: Backed by BOSS Bonds’ team of surety professionals.
  • Focus on efficiency: Reduces administrative burdens and accelerates bond issuance.
This innovative platform sets a new standard for delivering surety bond solutions.

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