NEW SMALL CONTRACTOR BONDING PROGRAM ANNOUNCED

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Avalon Risk, LLC and Bankers Insurance Company announce a new bonding initiative for emerging contractors. 

Small contractors as well as M/W/D Business Enterprises will now have a new option in their pursuit of surety bonds from an A.M. Best “B+” rated and United States Treasury “T-Listed”surety company.

Avalon Risk, LLC is a leading wholesale intermediary in the surety industry and has assisted hundreds of emerging and certified contractors obtain surety bonding.

Bankers Insurance Company is a well established surety insurance company now committed to providing bonding to qualified emerging contractors. 

This new program is designed to assist contractors obtain and maintain bonding for both public and private works construction.

It is specifically designed to address the difficulty that small and certified contractors face in the marketplace when applying for bonds. 

The Program Is Tailored For:

  • Small and emerging contractors seeking public works
  • M/W/DBE firms
  • Public Agency Mentoring and Set Aside Programs
  • Public Bonding Assistance Programs
  • Minority participation goals on large scale public and private projects
  • Community outreach programs for public and private projects

Avalon/Bankers will be distributing the program through local agents and brokers. Have your insurance or bonding agent call Avalon for details. 

Don’t have a bonding agent? Call Avalon directly and we’ll provide a list of our preferred agents in your area. Visit our website at www.avalonriskllc.com for our staff contact information.

 

Contract Surety Products

Our contract surety operations focus on small to medium sized specialty contractors and real estate developers generally in the eastern United States markets. We are experienced in identifying quality management teams within contracting firms and superior performers within almost any given specialty of contracting.

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Commercial Surety Products

Avalon has developed a unique expertise in providing surety products for specialized industries ranging from real estate to health care. We also have experience in handling surety programs for companies in or near bankruptcy or those in need of complicated collateralized court bond support such as multiple appeal bonds.

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Surety Related Services

  • Project Monitoring Services
  • Project Funds Disbursement Services


With surety and lending markets hardening and with more enforcement of construction Trust Fund and Prevailing Wage regulations, Avalon has recognized a growing need for third party project monitoring and funds disbursement services in the construction and real estate development industries.

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