Shea Broadens It’s Surety Markets with the Addition of Three New Sureties

Posted on: November 2nd, 2012 • In News

We are pleased to announce that Shea has been approached and has entered into relationships with Arch Insurance Group, Aspen Specialty Insurance and Philadelphia Insurance Companies to provide Customs bond support for their valued surety accounts and producers.  With the continued expansion of sureties into the marketplace, it has become increasingly important for the newer companies not only to establish a presence but to react quickly to a client’s bond need when taking on new business.  Shea is recognized as an industry leader and “bellwether” for U.S. Customs Bonds and understands the needs of sureties to provide time critical bond placement.  As with all other sureties Shea deals with, these new sureties are rated A or higher by A.M. Best and their surety programs are managed by seasoned industry veterans.   Shea is familiar with the key management personnel in each company from previous positions held with their former surety company, which expedited the establishment of these new relationships.  These companies have notified their various producers of the relationship with Shea and we encourage all brokers who place business with any of these companies to identify an ongoing surety relationship or account when submitting new applications to our office.

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