Recently Zurich announced that it will require all agencies to generate a minimum of $25,000 in annual premium in order to maintain their appointment. This change means that hundreds of agencies throughout the country will lose their ability to place bonds directly with Zurich. However, Surety Placement Services (SPS) can offer you an easy solution to ensure that your clients are able to maintain their bond with Zurich the next time it renews or for future needs.
Surety Placement Services is one of Zurich’s largest agency producers. Last year SPS was among Zurich’s top ten agencies nationally and we have already exceeded our total for all of 2009 in the first six months of this year. Our relationship with Zurich is rock solid. We have a direct line of communication with some of Zurich’s top national underwriters. Thus, we can get you a fast, accurate response. That means no 1-800 numbers and no waiting for an entry level underwriter to see what their boss says. In fact, many of our clients who already have an insurance relationship with Zurich STILL choose to go through us to get their bonding done because it is easier, faster, and they can take comfort in knowing that we will find them a bonding solution.
Our in house authority allows us to approve most bonds immediately. Presentation is everything for your larger accounts as well. Don’t get a declination when you should have received an approval because of your presentation to the surety. Let us do that for you.
If you have a client with a bond at Zurich, don’t go through the hassle of placing it with another surety and risk losing your client’s bonding capacity. Simply BOR the relationship to SPS and we can seamlessly renew the bond through our authority with Zurich.
In addition, if you do not meet Zurich’s new minimum premium requirements, but would like to maintain the ability to offer Zurich bond programs to your clients simply contact me at (866) 430-3322 or go to SuretyPlace.com and one of our surety professionals would be happy to help you.
