Heffernan Insurance Brokers vs Marsh Surety Bonds

Heffernan offers surety bonds two ways: as an on-demand Quick Insure product for any business needing a bond, and as a coverage option bundled into its Marine Cargo transportation-insurance programs for freight forwarders and logistics companies. ^4,5Company-reported. Surety Bonds and Marine Cargo pages as read on 2026-09-23.

Marsh McLennan Agency (MMA), Marsh's middle-market subsidiary, arranges surety bonds through a dedicated surety practice rather than underwriting them itself. ¹⁰Company-reported. MMA surety insurance page.

Not described in the reviewed sources.

The reviewed page does not name a specific surety insurer for a standard bond; MMA says it offers national market representation, implying the issuing surety varies by placement. ¹⁰Not publicly disclosed. MMA surety insurance page as read on 2026-09-23.

Heffernan says surety bonds are relevant to businesses whose contracts require them, and within its transportation practice markets bonds specifically to freight forwarders, customs brokers, and import/export operators. ^4,5Company-reported. Surety Bonds and Marine Cargo pages as read on 2026-09-23.

Not described in the reviewed sources.

Heffernan's Quick Insure FAQ says available bond types include performance bonds, payment bonds, and license or permit bonds, describing a bond as a financial guarantee that contractual obligations will be met. ⁴Company-reported. Surety Bonds page as read on 2026-09-23; does not describe bond amounts, obligee requirements, or underwriting criteria.

MMA offers Contract Surety for construction and similar projects, Commercial Surety issuing license and permit bonds nationwide (in lieu of or alongside letters of credit and other banking obligations), and International Surety for global operations facing varied regulatory requirements. ¹⁰Company-reported. MMA surety insurance page, Surety Coverage section.

Neither reviewed page publishes bond-amount ranges, pricing, or underwriting thresholds. ^4,5Not publicly disclosed. Surety Bonds and Marine Cargo pages as read on 2026-09-23.

MMA says it has more than 150 surety professionals across all 50 states, placed $353 million in surety premium for nearly 10,000 clients, and that its markets write 95% of all contract bonds in the U.S., according to the company. ¹⁰Company-reported. MMA surety insurance page; company-reported statistics, not independently verified, and do not indicate bond size or capacity for an individual client.

For its Marine Cargo program, Heffernan says it has in-house underwriting authority for faster, more flexible quoting and exclusive access to major insurance carriers, plus interactive online tools for declaration issuance and claim reporting. ⁵Company-reported. Marine Cargo page as read on 2026-09-23; described for the marine-cargo program generally, and the reviewed page does not confirm the same underwriting authority applies to the stand-alone Quick Insure bond product.

MMA lists competitive indemnity package negotiation, industry benchmarking, joint-venture and teaming-agreement prequalification support, continuity and ownership-transfer consulting, and competitive program design review as services tied to its surety practice. ¹⁰Company-reported. MMA surety insurance page, Benefits of Surety and Surety Coverage sections.

For the on-demand product, Heffernan directs buyers to request a quote online or call a listed phone number; for the marine-cargo program, it directs freight forwarders to a named contact and an online client portal for policy management. ^4,5Company-reported. Surety Bonds and Marine Cargo pages as read on 2026-09-23.

You work with an MMA surety specialist directly; the page names a Surety Department Supervisor and describes advisor-led placement rather than an online bond application. ¹⁰Company-reported. MMA surety insurance page.