Propeller Bonds

About

Propeller Bonds is an InsurTech company based in Pennsylvania, functioning as a Managing General Agent (MGA) and Managing General Underwriter (MGU) in the surety and fidelity bond market. The company employs between 11 and 50 people and utilizes a proprietary instant-issue surety bond platform to streamline the buying and selling process for customers, agents, and obligees. The company offers a fully automated end-to-end underwriting platform that provides access to over 7,000 surety bonds, including contract, commercial, and fidelity bonds. Key services include distribution, underwriting, billing, and issuance for carriers, as well as agency support through a free bolt-on surety department. Propeller Bonds also provides white-labeling options, allowing agencies to use their branding on the platform. Their product range includes contract bonds, fidelity bonds, commercial bonds, and specialty programs tailored for various industries.