Bondex Insurance
Insurance · New Jersey, United States · 11-50 Employees
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Overview
Headquarters
30A Vreeland Rd Ste 120, Florham Park, N...Phone Number
(973) 370-2663Website
www.bondexins.comRevenue
$7.1 MillionIndustry
About Bondex Insurance
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Bondex Insurance News & Media
AM Best Places Credit Ratings of Bondex Insurance Company Under Review With Positive Implications
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has placed under review with positive implications the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Bondex Insurance Company (Bondex) (Florham Park, NJ). The Credit Ratings (ratings) of Bondex have been placed under review with positive implications following the acquisition of its parent, Bondex Insurance Group, Inc., by Builders Insurance Group (Builders). The acquisition closed on Aug. 31, 2022. TheAM Best Upgrades Credit Ratings of Bondex Insurance Company
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has upgraded the Financial Strength Rating to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Rating to “bbb” (Good) from “bbb-” (Good) of Bondex Insurance Company (Bondex) (Florham Park, NJ). The outlook of these Credit Ratings (ratings) is stable. These Credit Ratings (ratings) reflect Bondex’s balance sheet strength, which AM Best assesses as adequate, as well as its adequate operating performance, limited business profile and app
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Frequently Asked Questions Regarding Bondex Insurance
Bondex Insurance Group is a leading provider of surety bonds specifically tailored for the construction industry. The company focuses on assisting small to mid-size construction companies in obtaining surety bond credit, especially in challenging economic conditions. With a fast and accurate underwriting team, Bondex aims to provide solutions where... Read More