Marsh vs Mylo Surety Bonds

Marsh McLennan Agency (MMA), Marsh's middle-market subsidiary, arranges surety bonds through a dedicated surety practice rather than underwriting them itself. ⁵Company-reported. MMA surety insurance page.

Mylo brokers commercial surety bonds by comparing quotes from multiple surety providers rather than acting as the surety itself. ⁸Company-reported. Surety bonds product page.

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. ⁵Not publicly disclosed. MMA surety insurance page as read on 2026-09-23.

The surety bonds product page does not name the specific surety company that would issue a given business's bond. ⁸Not publicly disclosed. Checked the surety bonds product page on 2026-09-23.

Not described in the reviewed sources.

Mylo markets surety bonds to businesses whose local government requires a bond to hold a business license or permit. ⁸Company-reported. Surety bonds product page.

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. ⁵Company-reported. MMA surety insurance page, Surety Coverage section.

Mylo explains a surety bond as a three-way agreement between the business (principal), a government authority (obligee) and an insurance company (surety): the surety pays the government authority if the business violates its license or permit, and the business must then reimburse the surety. ⁸Company-reported. Surety bonds product page; a structural description, not a specific bond's terms.

Mylo warns that if a business cannot reimburse the surety after a bond payout, the surety may sue, the business could lose its license, and it could become harder to obtain a bond in the future. ⁸Company-reported. Surety bonds product page FAQ.

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. ⁵Company-reported. MMA surety insurance page; company-reported statistics, not independently verified, and do not indicate bond size or capacity for an individual client.

The surety bonds product page does not publish typical bond amounts or premium ranges; these depend on the license or permit requirement and the business's profession. ⁸Not publicly disclosed. Checked the surety bonds product page on 2026-09-23.

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. ⁵Company-reported. MMA surety insurance page, Benefits of Surety and Surety Coverage sections.

Not described in the reviewed sources.

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. ⁵Company-reported. MMA surety insurance page.

Mylo says it can recommend the right bond for a business, compare quotes across surety bond providers, and find the best combination of coverage and price. ⁸Company-reported. Surety bonds product page "How will Mylo help me find the right bond?" section.