BOSS Bonds Partners with Kingdom Bonding to Deploy SuretyBonds.Market Platform
Cincinnati, OH
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August 27, 2024 12:28 PM Eastern Daylight Time
BOSS Bonds Insurance Agency, a subsidiary of General Indemnity Group (GIG), announced today it has partnered with Kingdom Bonding of Fairfax, VA to deploy BOSS Bonds’ industry-leading SuretyBonds.Market (SBM) platform.
BOSS Bonds’ exclusive SBM platform is the leading technology solution for agents to deliver surety bond solutions to clients seamlessly. Industry experts meticulously crafted this advanced surety portal to streamline processes and enhance efficiency within the surety sector and throughout the surety value chain.
The platform allows agents to monitor and manage their clients’ bonds throughout every stage, from application and underwriting to issuance and renewals. The SBM portal is supported by the surety experts at BOSS Bonds, allowing agents like those at Kingdom Bonding to focus on their specialty, while offering their clients the best surety solutions on the market.
“We are excited that Kingdom Bonding has deployed SuretyBonds.market to unlock surety bond solutions for their construction and contractor customers,” said Rick Bredow, BOSS Bonds’ head of business development. “This partnership will allow Kingdom Bonding to better serve its customers online by putting advanced technology into the hands of insurance agents, allowing them to confidently capture more income in this often-overlooked segment of insurance.”
“BOSS Bonds was instrumental in helping in the success of Kingdom Bonding, whose focus is to help minority-led construction companies achieve generational wealth and break free from poverty cycles,” said Neb Aynu, founder and owner of Kingdom Bonding. “Our purpose is to educate, nurture and grow bonding opportunities for our contractors. This technology helps us do just that by making it easy and seamless for those in the construction space to acquire contractor license bonds and other types of bond products.”
Aynu also pointed out that the technology helps with better customer-facing and back-end systems for agents that provide all the support insurance agents selling bonds need. “The technology on the backend that BOSS Bonds offers allows our agency to perform operationally much more effectively and to better serve our customers. That coupled with actual live support offers a seamless bonding experience that only BOSS Bonds can offer.”
Aynu admits that there was a higher calling for him to start Kingdom Bonding and after a year in business, it is coming to pass, “There is a huge racial wealth gap in this country and what I can do is make an impact on that inequity by helping minority contractors understand how to get bonded and to do so easily so they can get more business.”
About BOSS Bonds Insurance Agency
BOSS Bonds is a leading hub for comprehensive surety solutions. With over 40 years of experience among its agents, BOSS Bonds is licensed in all 50 states with the distinction of being a National Surety Managing General Agency. Its seasoned agents possess unparalleled insight into market preferences for various bonds, from securing the most competitive rates available to leveraging established relationships to securing the best bond programs tailored to a client’s needs. BOSS Bonds is a subsidiary of General Indemnity Group, LLC.
General Indemnity Group
General Indemnity Group, LLC (“GIG”) is an insurance holding company founded in 2015. It specializes in acquiring and operating companies that underwrite and distribute insurance products. GIG’s current holdings include surety insurance agencies, as well as an “A- Excellent” (AM Best rating) monoline surety insurance company. GIG is a wholly owned subsidiary of Boston Omaha Corporation, a public holding company with businesses engaged in diverse activities including advertising, real estate, insurance, broadband and other investments. For more information, visit www.bostonomaha.com. Learn more about GIG at www.gi.insure.
Forward-Looking Statements
Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbour protections for forward-looking statements to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, underlying assumptions and other statements, which are other than statements of historical facts. The Company desires to take advantage of the safe harbour provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbour legislation. The words “believe,” “anticipate,” “intends,” “estimate,” “forecast,” “project,” “plan,” “potential,” “may,” “should,” “expect,” “pending” and similar expressions identify forward-looking statements. The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, our management's examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs, or projections.
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Contact Details
BOSS Bonds Insurance Agency
Randolph Pitzer
+1 630-210-1631
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