Merchants Bonding Mutual Group
Highly Engaged Employees
Highly Engaged EmployeesInsurance · Iowa, United States · 201-500 Employees
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Overview
Headquarters
6700 Westown Pkwy, West Des Moines, Iowa...Phone Number
(515) 243-8171Website
www.merchantsbonding.comRevenue
$215 MillionIndustry
ZI Rank: 4
Signal Type
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About Merchants Bonding Mutual Group
Merchants Bonding Company specializes in surety bonding, offering a range of products including contract and commercial surety bonds, fidelity bonds, and specialty solutions. Established in 1933, the company has maintained an 'A' (Excellent) rating from A.M. Best since 1958, demonstrating its commitment to financial stability and customer service. Their target clients include contractors and businesses requiring bonding solutions for various obligations. Merchants also emphasizes technological innovation and a proactive approach to claims management, ensuring a seamless experience for agents and clients alike.Explore more
Merchants Bonding Mutual Group Org Chart
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Revenue
Number of Employees
Type
Funding
Founded In
Merchants Bonding Mutual ...
$215M
201-500
Private
-
1933
DB
Donald BlumChief Financial Officer & Treasurer
Company Profile Activity
Activity Insights
Merchants Bonding Mutual Group is experiencing very low activity levels compared to other companies in the Insurance sector.
What does this means?
Merchants Bonding Mutual Group is drawing exceptional interest within the Insurance industry, suggesting notable developments or strong market momentum, learn more about Merchants Bonding Mutual Group.
Merchants Bonding Mutual Group Tech Stack
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Merchants Bonding Mutual Group News & Media
AM Best Upgrades Issuer Credit Ratings of Merchants Bonding Company (Mutual) and Merchants National Bonding, Inc.
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has upgraded the Long-Term Issuer Credit Ratings (Long- Term ICRs) to “a+” (Excellent) from “a” (Excellent) and affirmed the Financial Strength Rating (FSR) of A (Excellent) of Merchants Bonding Company (Mutual) and its affiliate, Merchants National Bonding, Inc. Both companies are collectively known as Merchants Bonding Co (Mutual) Group (Merchants Bonding) and are domiciled in West Des Moines, IA. The outlook of the Long-Term ICRs has been rAM Best Revises Issuer Credit Rating Outlook to Positive for Merchants Bonding Company (Mutual) and Merchants National Bonding, Inc.
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the Long-Term Issuer Credit Rating (Long-Term ICR) outlook to positive from stable and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICR of “a” (Excellent) of Merchants Bonding Company (Mutual) and its affiliate, Merchants National Bonding, Inc. The outlook of the FSR is stable. Both companies are collectively known as Merchants Bonding Co (Mutual) Group or the group and are domiciled in West DesInsurance Automation Group Debuts Advanced Surety Technology at NASBP Annual Meeting
WESTBROOK, Maine, April 17, 2019 /PRNewswire/ -- Insurance Automation Group, the developers of iAutomate: Erlon Surety and Applied Systems Platinum Integration Partner, unveils its latest surety platform at the National Association of Surety Bond Producers Annual Meeting in Austin, TX....Insurity Announces Merchants Bonding Company in Production with SIMS Claims
HARTFORD, Conn.--(BUSINESS WIRE)--Insurity, a leading provider of core insurance processing and data integration and analytics solutions, today announced that Iowa-based mutual company Merchants Bonding Company is in production with SIMS Claims to support administration of its surety bond claims. After a six-month implementation, Merchants Bonding has successfully replaced its legacy claims system with SIMS Claims to provide a modern platform enabling simplified and streamlined claims processin
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Merchants Bonding Company specializes in surety bonding, offering a range of products including contract and commercial surety bonds, fidelity bonds, and specialty solutions. Established in 1933, the company has maintained an 'A' (Excellent) rating from A.M. Best since 1958, demonstrating its commitment to financial stability and customer service.... Read More
