Marsh vs Travelers Surety Bonds

Marsh McLennan Agency brokers contract, commercial and international surety; Travelers underwrites commercial and contract surety through agents.

What Is Marsh?

Marsh is a global insurance broker and risk advisor. In the United States it places coverage through core Marsh teams and through Marsh McLennan Agency for many middle-market buyers, including technology, cyber, property, casualty and benefits programs. 1,2,3,4

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What Is Travelers Insurance?

Travelers is a U.S. property-casualty insurance group that markets business coverage, including a technology practice, through independent agents and brokers. Buyers can investigate CyberRisk Tech, a small-business technology-services policy, and other commercial lines, then confirm the issuing company and California availability on a quote. 6,7,8

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What Are Surety Bonds?

A surety bond is a three-party agreement: a surety guarantees an obligation your business (the principal) owes to a customer or other party (the obligee) if your business defaults. It isn't insurance that pays your business for its own losses. 11,12

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Key Differences in Surety Bonds

Middle-Market Brokerage Versus Direct Underwriting

Marsh McLennan Agency, Marsh's middle-market subsidiary, arranges bonds rather than writing them. Travelers underwrites commercial and contract surety itself.

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.

An MMA placement still depends on a surety MMA does not name; a Travelers bond, if issued, is Travelers paper. 5 9

International Surety Versus Travelers' Bond-Type Catalogue

MMA lists contract, commercial and international surety. Travelers lists bid, performance and payment, construction materials supply, court, custom, depository, ERISA fidelity, license and permit, lost instrument, miscellaneous, notary, official, release of lien and utility bonds. Travelers' reviewed page does not describe international surety as a named practice. 5 9

Named Supervisor Versus Finding an Agent

MMA names a Surety Department Supervisor and describes advisor-led placement. Travelers directs buyers to find an agent and tells agents that surety applications sit in its forms library. MMA reports more than 150 professionals across all 50 states; Travelers' commercial surety ranges from individuals to multinationals. 5 9 10

What to Confirm in Surety Bonds Quotes

  • Ask MMA which surety it will use and whether international surety applies. 5
  • Ask Travelers which legal entity writes the bond. 9
  • Match the obligee form to MMA's three buckets or Travelers' type list. 5 9
  • Confirm penal sum and rate; neither page publishes them. 5 9

Offering Details

Marsh vs Travelers Surety Bonds: documented features by provider

CriteriaMarsh McLennan Agency Surety BondsTravelers Surety Bonds
Role in This Line

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.

Travelers underwrites surety bonds directly through two practices, commercial surety and contract surety, rather than only brokering bonds written by other sureties. 9Company-reported. Surety-bond product page, as read on 2026-09-23.

Issuing Insurer

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 reviewed surety-bond page does not name the specific underwriting entity for a bond; Travelers' related professional-liability pages attribute management and professional liability products to Travelers Casualty and Surety Company of America and its property-casualty affiliates, but that page does not cover surety. 9Not publicly disclosed. Surety-bond page as read on 2026-09-23; the entity named elsewhere is not confirmed as the surety issuer.

Who It’s For

Not described in the reviewed sources.

Travelers says commercial surety serves both individuals and businesses ranging from small companies to multinational companies, while contract surety is supported by underwriters focused on construction industry risk. 9Company-reported. Commercial surety and contract surety descriptions on the surety-bond page.

Coverage Features

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.

Travelers lists bond types including bid, performance and payment bonds, construction materials supply bonds, court bonds (judicial, fiduciary and probate), custom bonds, depository bonds, ERISA fidelity bonds, license and permit bonds, lost instrument bonds, miscellaneous bonds, notary public bonds, official bonds, release of lien bonds and utility bonds. 9Company-reported. Bond-type list on the surety-bond page; a given bond type's terms and availability are underwriting-specific.

Limits and Retentions

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 reviewed surety-bond page does not publish bond-amount limits, premium rates or underwriting capacity figures. 9Not publicly disclosed. Surety-bond page as read on 2026-09-23.

Risk Services

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.

How to Apply

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.

Travelers directs buyers to find an insurance agent to obtain a surety bond, and separately tells agents that surety bond application forms are in its agent forms library alongside management and professional liability applications. 9,10Company-reported. Surety-bond page CTA and the E&O page's agent-forms link.

Full Comparison

More Marsh vs Travelers Comparisons

Other Surety Bonds Comparisons

Sources

Marsh

  1. Marsh | Leader in risk, strategy, people, and investments. Marsh; Hero and capability tiles; FAQ: What does Marsh do?; industries served; Is Marsh the same as Marsh McLennan? January 2026 brand change. Accessed 2026-09-16.
  2. Compensation guide for US clients. Marsh; US broking segments; broker role; retail commissions, client fees, wholesale, insurer consulting, contingent and supplemental commissions; Marsh LLC and Marsh USA LLC; page 3: broker role and Marsh & McLennan Agency segment; page 7: copyright © 2024 Marsh LLC. Accessed 2026-09-16.
  3. Marsh McLennan Agency (MMA). Marsh; Middle-market US organizations; wholly-owned subsidiary; business insurance, employee health and benefits, retirement, private client. Accessed 2026-09-16.
  4. Technology | Insurance Broking & Risk Management. Marsh; Opening Technology Practice description; practice links including data center insurance, fintech and Stratus; Talk to us. Accessed 2026-09-16.
  5. Surety Bonds to Mitigate Company Risk. Marsh McLennan Agency; Opening positioning and stats (150+ surety professionals across all 50 states; $353 million in surety premium for nearly 10,000 clients; 95% of all contract bonds in the U.S. written in our markets); Surety Coverage: Contract Surety, Commercial Surety, Joint ventures and teaming agreements, International Surety; Benefits of Surety. Accessed 2026-09-23.

Travelers

  1. Technology Insurance. Travelers; Technology insurance products we offer: CyberRisk Tech, Global Companion Plus+, general liability, commercial property, workers compensation, commercial auto, umbrella; startup-to-established-leader audience. Accessed 2026-09-16.
  2. Travelers Producer Compensation Disclosure (United States). Travelers; Independent producers; seven compensation types; Simply Business, Inc. and InsuraMatch, LLC ownership; The Travelers Indemnity Company footer; Northfield Excess & Surplus Lines product list. Accessed 2026-09-16.
  3. Contact Us. Travelers; Business insurance sold through independent agents; business claims 1.800.238.6225; MyTravelers for business features. Accessed 2026-09-16.
  4. Surety Bond. Travelers; Surety bonds provided by Travelers: bid, performance and payment, construction materials supply, court, custom, depository, ERISA fidelity, license and permit, lost instrument, miscellaneous, notary public, official, release of lien, utilities; Commercial surety; Contract surety. Accessed 2026-09-23.
  5. Errors and Omissions Insurance (E&O). Travelers; Applications and forms for agents: surety bond forms library. Accessed 2026-09-23.

Surety Bonds Guide

  1. Glossary of Insurance Terms. National Association of Insurance Commissioners; Surety Bond; Fidelity. Accessed 2026-09-16.
  2. Surety bonds. U.S. Small Business Administration; Opening guarantee of work completion; Contract or commercial bonds; Bid, Payment, Performance, Ancillary; Eligibility > credit, capacity, and character. Accessed 2026-09-16.

Updated . Spot, a product of Tools for Enlightenment, publishes this research and works in the commercial insurance market. The comparison applies the same criteria to both providers. Editorial policy. To suggest a correction, contact Spot with the page URL and supporting source.

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