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You are here: ULLICO : Insurance Products : Property Casualty and Professional Liability : Surety Bonds
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Surety Bonds

ULLICO Casualty Group is the risk solutions provider for labor and employers who utilize union workers. We value ourselves as business partners with the contractor and agent. As the managing general underwriters for ULLICO Casualty Company, we demonstrate a sense of urgency in our dealings and are responsive in our underwriting decisions. We consistently strive to understand the contractor's needs and business while developing our relationship.

Our Contract Surety Bond Program offers competitive rates and work programs for established contractors. We also offer options for smaller contractors to provide them with the chance to compete for projects. Thus, we help qualified smaller contractors thrive with the goal of creating jobs for union workers.

ULLICO Casualty Company, a member of the Surety Association of America, has a U.S. Department of Treasury listing of $8.297 million as of July 1, 2009 and is licensed for surety in 47 states and the District of Columbia. ULLICO Casualty Company is rated B+ with "a positive outlook" by A.M. Best Company as of December 31, 2009.

With ULLICO's surety initiative, we realize there is a strong market demand from smaller contractors. We continue to educate small union contractors on the benefit of our surety program, enabling them to pre-qualify for the work programs they can manage.

We provide a market for prime contractors and first tier subcontractors. We also are a market for lower tier and specialty accounts.

We offer surety bonds with flexible working capital, net worth and premium standards. We write bonds for maximum work programs up to $5 million for single jobs and up to $15 million for aggregate work on hand. Available Contract Surety products include bid, payment and performance bonds.

For further information about our Contract Surety Bond Program, please contact Ed Titus, Vice President of Surety, or John O'Brien, Vice President of Marketing.

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