One of the most cost effective ways to finance your contract security obligations are surety bonds. We can design and deliver a flexible and effective bonding program, operating alongside your traditional banking lines of credit.

— PRODUCTS AND SERVICES

Surety Bonds

Tailored solutions to meet your requirements

Contact Us

Improving the flexibility and profitability of your business

We are a team of dedicated professionals who strive to improve the flexibility and profitability of your business through the use of surety bond products. Surety bonds are a cost-effective alternative to bank guarantees. Both are unconditional and payable on demand, however unlike a bank, surety bond providers do not require a specific security over a company’s assets and do not require the bonds to be supported by cash or other collateral.

As one of the world’s leading arrangers of surety bonds, our specialists will ensure we tailor a solution to meet your requirements that will free up committed funding lines otherwise pledged to a financier. Our experienced team can advise you on the various types of bonding options available and which best suit your own situation. We have a close relationship with all the major surety bond providers.

Our Products and Services

We offer a range of surety bond-related products, including;

  • Performance Bonds

  • Contract Bonds

  • Bid Bonds

  • Advance Payment Bonds

  • Retention Release Bonds

  • Maintenance Bonds

  • Off-Site Material Bonds

  • Petroleum Bonds

  • Lease Bonds

Key Contact

Placeholder image

Mike Kayes

Head of Credit Specialties
Mike.Kayes@lockton.com
+64 27 257 8834

Questions? We'll guide you in the right direction.

Ask us about our products, services or anything else on your mind. Our insurance and risk specialists are here to help.

Contact us

Latest from Lockton

Explore the evolving risks facing NZ meat and poultry businesses, from cyber and biosecurity to product recalls, supply chain disruption and business interruption.Have your risks outgrown your insurance?

Lockton Expands Wellington Presence with Appointment of Industry Leaders

Lockton is pleased to announce the opening of its new Wellington office, strengthening its presence in New Zealand Lockton is pleased to announce the opening of its new Wellington office, strengthening its presence in New Zealand

Five Years of Lockton New Zealand

 Lockton New Zealand Today, as the business celebrates its fifth anniversary, that vision remains as clear as ever. Lockton New Zealand Today, as the business celebrates its fifth anniversary, that vision remains as clear as ever.

Lockton appoints Patrick Hunter as Pacific Head of Risk Consulting

Lockton, the world's largest privately owned insurance brokerage, has appointed Patrick Hunter as Pacific Head of Risk Consulting.

Lockton, the world's largest privately owned insurance brokerage, has appointed Patrick Hunter as Pacific Head of Risk Consulting.
See all news and insights

With a global footprint of 150+ offices and partner offices, find one near you.

Find an office
global communication network concept