Propeller Bonds Email Format

InsurancePennsylvania, United States11-50 Employees

Propeller Bonds is an InsurTech company based in Philadelphia, Pennsylvania, operating as a managing general agent focused on the surety and fidelity bond market, a sector valued at roughly six billion dollars. It uses a proprietary platform that enables instantaneous underwriting and issuance of bonds, aiming to create efficiency across carriers, agents, customers, and obligees. The platform can be branded by agencies, allowing agents to leverage their existing client networks while maintaining commissions and expanding bond activity for both experienced professionals and those without specialist surety knowledge. With decades of experience in both insurance operations and technology, Propeller Bonds has developed software solutions for major carriers and agencies. In 2023, it announced a partnership with the National Association of Professional Insurance Agents, North Dakota chapter, illustrating an effort to broaden distribution through professional networks.

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