Lance Surety Bond Associates Bridges the Surety Gap for Insurance Agencies
July 19, 2010 – Lance Surety Bond Associates Inc., a Doylestown, PA-based surety bond agency able to write bonds in all 50 states, announced that they have launched a campaign to become the surety bond source for more insurance brokers. The agency has implemented a number of broker-friendly programs and procedures designed to attract insurance brokers in search of a fast and easy way to get their clients bonded.
According to the company’s President, Victor Lance, “Our agency deals exclusively with surety bonds. We have no interest in writing insurance so insurance brokers can rest assured that we will be a supplement to their business. In essence, we can be a full-fledged bond department added to service your clients, without costly overhead. We guarantee great rates for principals and excellent broker commissions.”
Lance Surety’s website has a very straightforward application process, with state-of-the-art web based software. Insurance brokers can sign up for a brokerage account on their website which will allow them to manage principal accounts online. Their specialized software in conjunction with their wealth of markets allows Lance Surety to offer credit-based instant online approvals directly out of their office for most types of surety bonds, which speeds up the bonding process exponentially. For example, due to their high volume of auto dealer bonds, Lance Surety is able to instantly approve 99% of auto dealer applicants via their online application.
With twenty different surety bond markets, Lance Surety possesses the ability to handle all types of commercial, contract and court bonds with a capacity of up to $250 million. Their agency can also handle subdivision and site-improvement bonds for developers, which have been very difficult for some agencies to place given the economic conditions of the past couple years.
“Being backed by some of the top sureties in the country gives our agency access to exclusive, unique bond programs. We feel that these specialty programs separate our company from the competition and can be an invaluable asset to broker clientele and surety bond customers in general,” said Lance.
For more details visit http://www.lancesurety.com
Toll-free: 877-514-5146