Zurich's specialist Surety unit has been at the forefront of the surety bond market for over 65 years. A Zurich bond is a guarantee of the obligations of one counterparty to another, with the guarantee that Zurich will cover any potential loss and damages up to the agreed bond limit.
Our appetite is to support strong financially sound organisations based both in the Benelux requiring meaningful surety capacity of €10million or more and typically having revenues in excess of €100 million.
More details about our solutions
- Performance bond - a guarantee to an employer of the performance of a contract, in accordance with terms and conditions.
- Advance payment bond - a guarantee given when money is paid before goods or services are supplied.
- Retention bond - a guarantee issued in place of money that would otherwise be held as retention.
- Road and sewer bond - bonds to ensure that statutory obligations in relation to the construction and maintenance of roads or sewers are fulfilled.