Brokers

Wholesale Broker Support

Specialist Surety & IBG Placement Support for Brokers

If you are an insurance broker with a client requiring a surety bond or Insurance Backed Guarantee, SB&G can provide specialist wholesale placement support while you retain the client relationship.

Wholesale Broker Support

20+ Surety Markets

Standard & Complex Cases

Surety & IBG Expertise

Broker to Broker

Extend Your Offering Without Building an In-House Surety Desk

Surety and Insurance Backed Guarantee enquiries can be specialist, time-sensitive and difficult to place through standard insurance markets. SB&G works with other brokers who need access to specialist expertise and relevant markets for a client requirement.

We can support you behind the scenes with the placement process, helping you understand the information required, market appetite and potential structure while you continue to manage your client.

Why Brokers Work With SB&G

Specialist Knowledge

We focus on surety and related guarantee requirements and understand the underwriting, wording and security issues that can affect placement.

Wider Market Access

Access to a broad range of surety markets can help identify alternative options where the obvious market is not suitable.

Support for Difficult Cases

We can assist with cases involving new companies, SPVs, weaker financials, unusual wording, increased capacity or previously declined applications.

Products We Can Support

Wholesale support is available across the main surety and guarantee products handled by SB&G.

Performance Bonds ABI, conditional, on-demand and bespoke contract bond requirements. Advance Payment Bonds Advance, stage payment, mobilisation and fabrication requirements. Section, Road & Sewer Bonds Section 38, Section 278, Section 104 and infrastructure bonds. Retention Bonds Alternatives to cash retention under construction contracts. Materials Bonds Off-site, stored and advance-paid materials requirements. Insurance Backed Guarantees IBG requirements for roofing, waterproofing, glazing, cladding and other specialist construction works.

Your Client Relationship Remains Important

Our role is to provide specialist placement support to the originating broker. We understand the importance of protecting the relationship you have built with your client and providing clear communication throughout the process.

Broker-Led Relationship

We can work with you as the originating broker rather than attempting to replace your client relationship.

Clear Communication

We help explain what information may be required and what issues are influencing the underwriting process.

Specialist Placement

The objective is to identify a suitable market and structure, subject to underwriting and provider appetite.

How the Wholesale Process Works

Step 1

Send the Requirement

Provide the bond or IBG requirement and the information currently available.

Step 2

Initial Review

We review the case and identify any additional information that may be needed.

Step 3

Market Approach

The requirement can then be presented to suitable markets according to the risk and product.

Step 4

Placement Support

We support the process through quotation, wording and completion where a suitable offer is available.

Have a Client Requirement to Place?

Send the requirement to our specialist team and we can review the case with you. For wholesale broker enquiries, email us directly or call to discuss the requirement.

Email the Wholesale Team Call 020 4571 3398

GET A QUOTE

CALL US

02476 017 646

020 4571 3398