JW Surety Bonds, a major relationship producer, was acquired by National Special Insurance Broker Risk Strategies, along with sister business Bryant Sureties, Inc. and Lance Surexie Bond Associates, Ltd.
JW Surety Bonds was established in 2003 and has offices in all 50 states, with its main office in Pipersville, Pennsylvania. It provides real-time on quoting capabilities, a straightforward software and placement procedure, and claims defense.
The company places a variety of bonds, such as loyalty, court, permit, and permit bonds. Securities for freight brokers, car dealers, and mortgage brokers are its areas of expertise. According to the company, it writes insurance and bonds totaling more than$ 4 billion annually.
Guarantee ties happen to be a niche among areas in the world of real estate and casualties. In announcing the acquisition, JD Weisbrot, president and chief insurance agent at JW Surety Bonds, stated that" finding the right companion for our group of companies was crucial to be able to level and sustain our company."
The terms of the agreement were never made public.
Risk Strategies is based in Boston and has access to all significant security markets. It serves businesses, nonprofits, public institutions, and individuals. Boston, New York City, Chicago, Toronto, Montreal, Grand Cayman, Miami, Atlanta, Dallas, Nashville, Washington, D.C., Los Angeles, and San Francisco are just a few of the more than 100 rooms that Risk Strategies has.
