Merchants Makes the Top 10

April 12, 2024

For the first time in its history, Merchants Bonding Company finished the fiscal year among the top 10 sureties in the United States, ranked at number eight in the preliminary year-end results issued by the Surety and Fidelity Association of America (SFAA). The final results will be released over the next few months, but historically the rankings remain the same.  

Realizing a Vision

In 2015 Merchants set its vision to become one of the top 10 sureties through long term profitable growth. The strategic journey has included adding surety expertise in many new locations, investing in industry-leading technology, promoting unique relationship building programs, and cultivating a culture of collaboration. All while maintaining our proven, common sense underwriting approach. The results have been strong profitability, low losses, and steady organic growth of our surety market share.

Partners in Success

Merchants is extremely grateful and appreciative of our agent partners. This achievement would not be possible without the industry’s best agents and we sincerely thank them for choosing Merchants to serve their clients' surety needs. Equally important are the contributions of Merchants' associates and their dedication to common sense solutions and first class relationships. 

Twice the Enterprise

Merchants' ever-growing team of surety professionals are now passionately pursuing our next vision of becoming twice the enterprise through innovation and responsible growth, and looking forward to many more milestones.