Sompo International

About Bond Safeguard Bond Safeguard was incorporated on June 15, 1971, under the provision of the Illinois Insurance Code. Electronic filing for pre-executed bonds is currently available only in Illinois and Indiana at this time However, the company is licensed to transact business within the following states: Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Minnesota, Mississippi, Missouri, Montana, Nevada, New Hampshire, New Jersey, North Carolina, North Dakota, New Mexico, Ohio, Oklahoma, Rhode Island, South Dakota, South Carolina, Tennessee, Texas, Utah, Virginia, West Virginia, Washington, Wisconsin, Wyoming, the District of Columbia, and the Territory of Guam. Products include a wide range of licensing and compliance bonds. A simplistic underwriting guide along with the neccessary applications are provided to every agent.

Lexon Surety Group, based in Mount Juliet, TN, was acquired by Sompo International in 2018, becoming one of the top 10 surety companies in the U.S. market. With a focus on a wide range of industries including construction, financial services, and energy, they offer a comprehensive suite of surety products such as Performance Payment Bonds and License Permit Bonds. Their team of experienced underwriters provides consistent and detailed underwriting services, supported by a dedicated claims team with specialized expertise. Operating through a nationwide network of independent agents and brokers, Lexon Surety Group offers significant aggregate bond program limits for qualified clients, showcasing their strong financial strength and commitment to responsive service.Generated from the website