CHARLOTTE, N.C.--(BUSINESS WIRE)--The Bond Exchange (www.bondexchange.com) is pleased to announce the launch of an automated surety bond system built exclusively for professional insurance agents. In keeping with The Bond Exchange focus on high-quality service and underwriting, the new system eliminates the time agents consume quoting and issuing through multiple cumbersome systems by providing a single point of entry to over 20 surety carriers, ensuring fast turnaround and the best pricing for their customers.
“We are thrilled to launch our new surety platform for our customers,” said David Gonsalves, president of The Bond Exchange. “The team members involved in this multi-year project come from diverse backgrounds, including retail insurance agency experience, providing the perspective necessary for a complete reimagining of the process insurance agents must navigate to obtain surety bonds for their customers.”
The platform pairs innovative processes with The Bond Exchange’s extensive industry experience and knowledge. “The backbone of the system is our bond database, built and maintained over the last 35 years, which contains more than 10,000 unique surety bond requirements and information allowing us to automate the entire quoting, policy administration and agent-to-client communication process,” said Mr. Gonsalves.
Agents can access the new surety platform by enrolling online at www.bondexchange.com/enroll.
About The Bond Exchange
Based in Charlotte, North Carolina, The Bond Exchange is the leading national surety-focused wholesale-only agency serving the bonding needs of insurance agents for over 35 years. Licensed in all 50 states and appointed with multiple surety companies, The Bond Exchange provides a “one-stop-shop” for agents to efficiently quote and issue bonds online, ensuring a fast turnaround and the best pricing for their customers.