eSURETY and its online surety bond underwriting platform has been recognized as a Top 25 Insurance Technology Company by CIO Applications. Each year, the magazine’s editorial team evaluates the myriad technology solutions available in the insurance arena and showcases those that are proven to be the most robust, cost-effective and flexible.
eSURETY’s cloud-based platform allows customers worldwide to apply for a bond, secure a quote, make payment and complete the bond, all within a minute or two and in the applicant’s own language and currency. Throughout the life of a bond, eSURETY’s system automatically generates a PDF for every transaction and embeds electronic signatures and seals as required. An optimized database contains records for an agency’s complete book of business to support easy analysis and reporting.
In its award summary, CIO Applications editors said, “eSURETY has been serving as a backbone of the surety bond industry for 20 years — transforming traditional surety systems through technology, innovation and compliance measures, saving both time and money.” The publication praised eSURETY’s automated, rules-based decision engine and its ability to deliver against an underwriter’s need for clarity, simplicity, timeliness, information gathering or retention and cost efficiency.
“We like to say our platform includes the bells and whistles many clients don’t even know they need yet,” said eSURETY CEO Daniel Buckles. He pointed to the platform’s tools for security and compliance, credit card processing, credit connectivity, hosting services and business intelligence as examples of eSURETY’s advantages beyond initial risk assessment. “Knowing that CIO Applications noted our comprehensive approach, we’re particularly thrilled to have the external validation this award represents,” Buckles added.
About eSURETY (eSURETY.net):
Founded in 1998, eSURETY is a privately held company that provides a cloud-based automated surety bond underwriting system. The eSURETY platform allows surety agents to create and issue a variety of new bonds exclusively online while satisfying the most demanding corporate and regulatory compliance requirements for 30% of the top 30 surety bond companies.