Issue surety bonds like modern software.
A surety bond is a three-party promise: the principal commits to perform, the obligee holds the right to demand, and the surety backs it financially. uBind is the platform the surety runs on — application, underwriting rules, issuance and lifecycle in one configurable system.
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Traditional surety, modern experience.
Surety has been paper-heavy and broker-mediated for a century. uBind gives the businesses that write it modern software — a branded application journey, your underwriting rules, your documents, and the portfolio tracked to project completion.
What is a bond?
A three-party financial guarantee. The principal promises to perform, the obligee holds the right to demand, the surety backs it with capital if the principal defaults. Not insurance — an underwritten guarantee.
3-party contractWho issues them?
Sureties and their underwriting agencies, MGAs adding a bond class, brokers placing them, and insurtechs launching a surety product. Their customers are contractors, developers and vendors — almost every commercial project over $150k needs one.
Issuers, agencies & brokersHow does it work?
Applicants apply through your branded journey. Your rules decide what sits inside appetite and what refers, so underwriters only see the referrals. Documents generate from your templates, and the bond is tracked to release.
Your rules, your wordingsWhat can you charge?
Market premium runs at roughly 1-3% of the bonded amount a year. Yours is whatever your rating rules say — priced on contract value, term, bond class and the principal’s financial strength, and changed without a release.
Configurable ratingThe right bond for every stage of the contract.
Different bonds cover different obligations at different points in the project lifecycle, and most large projects stack two or three. Each is configurable as its own product, with its own rating, wording and referral rules.
Bid bond
Submitted with a bid to guarantee that if the contractor wins, they’ll honour their bid price and enter into the contract. Protects the owner from bid-shopping.
Performance bond
Guarantees the contractor will complete the project according to the contract terms — on time, on spec, on budget. The core bond most projects require.
Payment bond
Guarantees that subcontractors, suppliers and labourers will be paid by the main contractor. Prevents liens on the project by unpaid parties.
Maintenance bond
Covers defects and workmanship issues after project completion. Kicks in when the performance bond ends, typically for 12-24 months.
From application to release, in 5 steps.
Traditional surety runs on paper, email and rekeying. On uBind the whole sequence is one configured workflow — your journey, your rules, your documents, your portfolio. How fast it runs is set by your appetite and your team.
Bonds for every kind of promise.
Surety isn’t just construction. These are the classes a bond book can cover — anywhere a contract needs a financial backstop — and each one is configurable as its own product on the platform.
Construction & infrastructure
The largest bond category. Commercial building, civil works, roads, bridges, energy — every material project uses performance and payment bonds.
Government contracts
Public works often mandate performance and payment bonds for tenders above threshold amounts. Common for federal, state, local and utility contracts.
IT & technology projects
Large IT implementations, cloud migrations, digital transformation programmes — increasingly bonded to guarantee delivery of complex multi-year contracts.
Service contracts
Facilities management, cleaning, security, catering, waste — service delivery contracts with performance obligations to public and private clients.
Supply & procurement
Manufacturing supply contracts, procurement guarantees, equipment leasing — bonds securing the delivery of goods over the life of the contract.
Development & subdivision
Land development bonds, subdivision bonds, environmental restoration bonds — bonds required by councils and regulators before development approval.
What the platform brings to a bond book.
What uBind gives a surety business on day one, and what it saves it from building.
The uBind platform allows us to offer [our] partners direct access to our deposit bond service online. The platform recognises which partner site the application form is embedded into, tailors question sets for each partner and offers the option to display custom branding. We can confidently grow this network without having to worry about increased technological overhead, with one place to roll out updates to all our partner forms instantly.
What surety providers ask before going digital.
If yours isn’t here, send us a line. Someone who actually built the platform reads every inbound.
As a bond issuer, how do I sell online and manage performance and surety bonds in one platform?
uBind enables seamless digital management of performance, bid, and maintenance bonds within a central platform.
It transitions your operations from manual, paper-based administration to automated digital workflows – streamlining issuance, automating deeds and certificates, and providing real-time visibility over your bond portfolio.
Can I automate the end-to-end process from application to bond issuance?
Yes. uBind automates the full workflow from application submission through credit assessment, rating, approval, and digital issuance.
The platform handles configurable underwriting logic so that eligible bonds can be issued instantly while maintaining control over risk assessment and compliance requirements.
How can I generate bond documents and legal deeds using the platform?
uBind provides precision document generation by automatically producing high-fidelity bond certificates and deeds of indemnity based on your approved templates.
This ensures consistency with your legal wording and removes the risk of manual errors in critical contractual documents.
How can I monitor my bond portfolio and exposure in real time?
uBind provides a central dashboard that gives you real-time visibility across your bond portfolio.
You can track total exposure, premium income, bond status, and upcoming expiries – creating a single source of truth for operational oversight and portfolio management.
Can I configure rating rules for different bond types?
Yes. uBind allows you to configure flexible rating logic based on contract value, bond duration, credit ratings, and other risk factors.
This ensures pricing remains aligned with your underwriting strategy while giving you the flexibility to adapt rules as business requirements evolve.
How can I manage bond lifecycle changes such as extensions or amendments using the platform?
uBind supports full lifecycle management for every bond issued.
You can process extensions, cancellations, amendments, and renewals through structured workflows – with every action recorded in a full audit trail for transparency and compliance.
Can bonds be issued and shared digitally with stakeholders?
Yes. uBind enables secure digital distribution of bond documents, reducing reliance on wet-ink signatures where digital alternatives are accepted.
Bonds can be securely shared and verified online, providing a smooth experience for principals, obligees, and brokers.
Can uBind integrate with my existing systems and external credit data providers?
Yes. uBind supports seamless API integration with CRM systems, financial platforms, accounting software, and external credit check providers.
This ensures data consistency across your ecosystem and allows real-time data enrichment during underwriting and bond issuance.
What’s the difference between a surety bond and insurance?
Who are the three parties in a surety bond?
How much does a surety bond cost?
What happens if a bond is called?
Can brokers place bonds on the platform?
Yes. uBind supports both direct-to-principal applications and broker-mediated placements, with commission tracked automatically. Brokers get their own portal, their own commission terms and their own view of the pipeline, and the surety keeps one book across both channels. Brokers add real value on complex bond programmes, large facilities, cross-border bonding and negotiations with obligees.
See if we fit, in under a minute.
Tell us who you are and what you’re trying to ship. We’ll come back within 24 hours with a 30-minute tailored demo — real product, real screens, on your data shape.
- A founder reads every inbound — not an SDR funnel.
- 30-minute live demo · real screens, not slideware.
- Pricing transparent on call two · in writing.
- Talk directly to experts who know insurance technology inside and out
Which one of these is you?
Pick the closest — we’ll route you to the right specialist.
What scale are you running at?
Rough annual GWP — helps us shape the demo.
When are you looking to move?
Be honest -“just exploring” is a fine answer.
How do we reach you?
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Thanks — we’ve got it.
A specialist who actually works on the platform will be in touch within one business day with a calendar link.