system updates

BondExchange Now Offers Subscription Payments For Surety Bonds

BondExchange Now Offers Subscription Payments For Surety Bonds To be successful as an insurance agent in today’s day and age requires you to constantly increase the amount of value you add to your customers. As the industry becomes more and more digitized, simply being able to issue policies is no longer enough. Now, you have …

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BondExchange Automates the SBA Surety Program

BondExchange Automates the SBA Surety Program The Small Business Administration’s (SBA) Surety Bond Guarantee Program (SBG program) has helped countless up-and-coming contractors secure bonds they otherwise would not qualify for. However, obtaining these bonds is often a time-consuming process that causes headaches for agents and can lead to contractors missing out on bids. With this …

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BX Rider Tool

New BX Tool Allows Agents to Issue Riders For Surety Bonds Online

New BX Tool Allows Agents to Issue Riders For Surety Bonds Online Mid-term changes to surety bonds have long been a cumbersome and unprofitable affair for insurance agents. Whether your customer needs their business name or address changed on their bond or they need to change their bond’s term, the process of issuing a rider …

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North Carolina Professional Employer Organization Bond

North Carolina Professional Employer Organization Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain a North Carolina Professional Employer Organization bond At a Glance: Lowest Cost: $1,000 per year or $100 per month Bond Amount: $100,000 Organizations whose liabilities outweigh their assets must purchase an additional bond in …

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High Point Insulation Contractor Bond

High Point Insulation Contractor Bond

High Point Insulation Contractor Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain a High Point Insulation Contractor bond Important Note: North Carolina requires insulation contractors to obtain a statewide general contractor license, under the specialty classification S(Insulation), and contractors that do not meet the working capital requirements …

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BondExchange Autofill

System Update: Quote Bonds Faster With New Autofill Feature

System Update: Quote Bonds Faster With New Autofill Feature May 16, 2022 Our primary goal at BondExchange is to develop helpful technology for insurance agents to quickly obtain surety bonds for their customers. With our latest system update, we cut down on the application inputs for our agents with a new type-ahead feature. What’s Changed? …

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