Charting Merchants' Course - 2022 Annual Report
April 13, 2023
Profitable growth strategies, common sense solutions, and the development and implementation of powerful technology drove Merchants Bonding Company’s successes in 2022.
Record Premium Increase
Financial highlights include a record increase in direct premium and an excellent increase to the company’s surplus, along with significant growth in the commercial, contract, and specialty solutions divisions.
Strategic Planning Charts Merchants' Course
2022 was also defined by a meaningful strategic planning process that charted the course for Merchants’ future. The dynamic, intense process played out across the year, and yielded a new vision and purpose that can always serve the company. Merchants’ evolved purpose “to be the most trusted team in surety” was actually inspired by the value we place on relationships with our partners, and is a recognition of the integral role they play in all our successes.
For more information about the performance of Merchants Bonding Company and the Merchants Bonding Company Foundation please see our 2022 Annual Report.
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