Welcome to the website of Allied International Group, Inc.
Surety Bonds
Allied Surety provides wide-ranging construction and commercial surety solutions to companies of all sizes. We offer a superior combination of capacity, industry knowledge and excellent service. Please see below to learn more about our surety and trade credit insurance offerings.
Commercial Surety
Allied provides a wide variety of commercial surety products. Below is a small sampling of the types of bonds that are available.
License & Permit Bonds: These bonds guarantee a corporation or individual will operate in accordance with governmental statutes, regulations, and ordinances. There are dozens of different types of license and permit bonds guaranteeing numerous obligations.
Court Bonds: These bonds are guarantees required by courts at various points in legal proceedings. These include appeal bonds, supersedeas bonds, replevin bonds, cost bonds, etc. As an example, before an appeal can be filed in a civil case, an appeal bond is usually required guaranteeing that the appellant will indeed pay the plaintiff if he/she ultimately loses the suit.
Lost Instrument Bonds: When an individual loses a certificate for a stock or bond or other negotiable instrument, a lost instrument bond must be filed with the transfer agent/issuer of that asset before replacement securities can be issued to the registered owner. Essentially, lost instrument bonds protect the transfer agent from the liability that would arise in the event the lost securities were to re-appear and be negotiated.
Construction Surety
Allied’s long history and deep understanding of the construction industry allow us to offer a superior combination of products and services. We have the capacity and global reach to support the largest contractors and the local knowledge and resources to provide the middle-market with an outstanding combination of products and expertise. Here are some of the types of bonds we offer:
Performance Bonds: Bonds that assure that a contract will be performed according to its terms and specifications. In the event a contractor defaults, these bonds generally obligate the surety to either finance the contractor, undertake the completion of the project, tender a new contractor to the owner or pay the bond penalty.
Payment Bonds: Bonds that assure a contractor will make appropriate, prompt and full payments for labor and material consumed on a project.
Maintenance Bonds: Bonds that assure a project will remain free of defects in workmanship or materials for a specific period of time.
Trade Credit
A company’s accounts receivable can be a powerful tool for managing cash flow, enhancing borrowing power and growing a business. Trade Credit Insurance from Allied can protect your accounts receivable by insuring your unpaid credit balance, which helps assure that you will be compensated for merchandise shipped or services rendered to your commercial customers. Our team of underwriters - focused exclusively on trade credit insurance - can tailor a trade credit program to meet your unique business needs. As experienced trade credit professionals, these underwriters thoroughly understand the intricacies of this business. Let Trade Credit Insurance from Allied unlock the power of your firm’s accounts receivable.