Products For Carriers
(Insurers, MGUs, and Brokers Who Underwrite Surety Accounts and Bonds)
Bond-Pro Carrier Edition
Bond-Pro's flagship Surety automation software platform utilized by Insurers, MGUs and Brokers who underwrite. It provides comprehensive Contract & Commercial Account Underwriting, Financial & WIPs Analysis, Indemnity Tracking, Collateral Management and Funds Control. It also delivers functionality for tracking Special Arrangements including Resinsurance, Co-Surety and Fronting. Carrier Edition supports the many methods and channels by which Surety Bonds are issued including through Employees, Agents and/or directly to Consumers.
Carrier Edition Add-Ons
Consumer Portal
An online, self-service, public-facing interface that enables producers and/or direct customers with no Surety knowledge to instantly and securely select a desired bond product, apply for it, receive an underwriting approval, review a quote, submit payment, and download executed documents electronically. Overall, this multi-channel portal enhances efficiency, streamlines workflows, improves customer service, and increases collaboration between insurers and their clients.
Bond Expedite®
A valuable add-on feature to the Consumer Portal that enables Agents to initiate the Surety bond application process, send a notification to the customer, and collaboratively assist them to through completion. This dramatically increases closure rates and improves the overall customer experience.
Agent Portal
A web interface designed for appointed agents and sub-agents to efficiently issue new bonds and renewals and collaborate in real-time with their insurance carrier. Agents can manage various bond-related tasks, including cancellations, reinstatements, and modifications. The system requires single sign-on (SSO) and integration with agencies and sub-agencies, ensuring seamless access and maximum simplicity. It supports enterprise registration and provisioning, with pricing based on the number of agents and sub-agents, as well as transaction volume.
Surety Claims Management
Bond-Pro's Claims Management is a cost-effective module that meets the specific needs of Sureties (low volume, high severity claims). It includes recording first notice of loss and tracks important details about a claim, including information about claimants and adjusters. Strategies for subrogation and litigation are planned, and events are scheduled to achieve the best outcomes. Integrated with Bond-Pro's Workbench, claims workflow is customizable, allowing for tailored processes and communications.
SuretyIQ™
Bond-Pro Surety IQ™ provides comprehensive, normalized access to the analysis layer within the Bond-Pro Carrier Edition. It enables users to author detailed reports, interactive dashboards, and actionable insights. This functionality empowers users to leverage data effectively for informed decision-making and strategic planning. The analysis tools are designed to be intuitive and user-friendly, ensuring that even complex data can be easily interpreted and utilized. Additionally, the platform supports customization, enabling users to tailor their reports and dashboards to meet specific business needs and objectives.
