Surety Bonds
Kerry London has been providing risk management and insurance solutions to the construction industry since 1986 and has specialist knowledge of this market. Our construction bonds experts quickly assess your firm’s individual requirements to arrange the best UK surety bonds available. We have both broking and underwriting experience within our team, which enables us to negotiate the right wordings to fit the needs of your UK construction business.
Our team has excellent relationships with UK surety underwriters which enables them to access a range of bonds to suit both private and public sector developments. We have worked on a wide range of construction projects, including public sector developments such as hospitals, social housing, and the hubCo in Scotland. With this extensive experience in this complex field, our specialist team will help you find the best surety to guarantee your contractual obligations. This means you can get on with the job, whilst your working capital remains available at the bank.
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What you need to know about Bonds
Watch the full video or choose a chapter below.
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- What is a Guarantee Bond?
- What types of Bond are available?
- How are Bonds calculated?
- How can I get a quote for a Bond?
- How much does a Bond cost?
- How long does a Bond last?
- Can a Surety Bond be cancelled?
- What form of wording is typically used?
- Why do I need a Performance Bond?
What bonds do we offer?
We place a large range of bonds, but we specialise in surety bonds for contractors with over £10m revenue. The most common UK bonds we arrange for UK companies are Performance and Contract Guarantees, which cover damages up to a pre-agreed limit when a customer’s contractor defaults on a contract. However, we facilitate and manage a broad range of bonds:
- Advance Payment Bonds
- Customs Duty Deferment Bonds
- Deferred Consideration
- Supply Bonds
- Offsite Material Bonds
- Highways/Development Bonds relating to Roads and Services
- Retention/Maintenance Bonds
If your bond is not listed above, we will still be able to handle your enquiry, so please get in touch with us today to discuss a quote. Our team of specialists will be more than happy to advise you regarding the right solution for your business.
Alternatively, you can complete an online application form for our bonds specialists to review. They will contact you to discuss your requirements.
We are here to help
There is no need to choose between experience and personal service. With Kerry London you have both. Contact us for expert, personal advice on your insurance needs.
