Surety Bonds
What is a Contract Performance / Surety Bond?
✓ Provides protection to the contract principal against default by the contractor
✓ Identical to a bank guarantee in all material respects
✓ Commonly referred to as Bonds, Surety Bonds, Insurance Bonds, Unconditional
Undertakings, or Bank Guarantees (if issued by a Bank)
Effective 5th January 2025, Assetinsure’s Surety Division has transitioned to Credeq Australia Pty Ltd (Credeq Australia).
Credeq Australia will replace Assetinsure as the exclusive surety managing agent for Swiss Re in Australia and New Zealand.
For existing customers and distribution partners, nothing has changed in how you work with us – same team, same service, same underlying instrument.
For more information, please click here to be directed to the Credeq Australia Surety site.