Merchants Bonding Company Awarded for Technology Leadership
November 7, 2025
Merchants Bonding Company™ was honored to be recognized by the Technology Association of Iowa (TAI) at the prestigious Prometheus Awards - which spotlight leadership and innovation in technology.
Merchants’ Chief Information Officer, Brad Rasmussen, was named CIO of the Year for his visionary leadership - advancing the company’s technology strategy and driving innovation that enhances both efficiency and customer experience. Under his direction, Merchants has leveraged digital solutions to streamline underwriting, improve data accessibility, and expand tools that empower agents and partners.
“This is such a special honor from the Technology Association of Iowa,” said Rasmussen. “I’m truly humbled to be this year’s recipient. I wouldn’t be here without the incredible support of Merchants’ leadership, our amazing technology team, and all my fellow Merchants associates.”
Merchants was also a finalist in the Best Technology Company Culture category, recognizing its commitment to using technology to foster collaboration, creativity, and continuous learning across the company. Merchants’ forward-thinking culture supports innovation while staying grounded in its long-standing brand promise: delivering common sense underwriting and first class experiences in every relationship.
“These recognitions from TAI speak to how deeply technology is embedded in Merchants’ culture and the way we do business,” said Larry Taylor, Chairman of the Board and President of Merchants Bonding Company. “Under Brad Rasmussen’s exceptional leadership, Merchants continues to prove that innovation and relationships go hand in hand. We are so proud of Brad's win, and to be recognized not only for what we build, but for how we build it—with purpose, collaboration, and a commitment to excellence and integrity in all we do.”
The Prometheus Awards celebrate Iowa’s most innovative individuals and organizations, honoring the remarkable technology achievements that are shaping the state’s future. Learn more about the Prometheus Awards.
