Chubb Implements The BondPro® Enterprise Next Gen® Surety Platform In Support Of Its Transactional Surety Business

▤ Summary

“As we expand in the transactional commercial surety space, our objectives include raising the bar on service, reducing operating costs, and mitigating underwriting risk. We desired a modern software platform with a high degree of automation to facilitate underwriting and issuance, rating, scoring, decisioning, and workflow, coupled with a comprehensive bond forms library,” said Teresa Black, Executive Vice-President of Commercial Surety. It drives greater premiums, improves underwriting efficiency, reduces costs, and mitigates risk. Chubb, an S&P 500 company, is the world’s largest publicly traded property and casualty insurance carrier. Chubb is ranked the 5th largest carrier by the Surety and Fidelity Association of America.

▦ Linked Companies

Bond-Pro

$5M to $10M