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

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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

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Mike Kayes

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

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We bring creative thinking and an entrepreneurial spirit to the insurance business and are uniquely positioned to help you succeed.

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