Novum Underwriting Partners Launches SuretyPro in US
- Jul 22
- 1 min read
Cleveland, OH – Novum Underwriting Partners is pleased to announce the launch of its comprehensive surety program, SuretyPro. This program offers coverage across the United States and provides brokers with access to contract surety, commercial surety, and specialty surety products.
SuretyPro operates with defined underwriting authority from its carrier partners. The Novum Online proprietary system provides streamlined underwriting, fast turnaround times, and competitive pricing for construction bonds, development bonds, litigation bonds, and commercial surety products.
Products
· Bid Bonds
· Performance Bonds
· Labor & Material Bonds
· Maintenance Bonds
· Commercial Surety Bonds
Underwriting Approach
· Financial review based on national standards
· Evaluation of work program and contract exposure
· Defined indemnity and security expectations
· Broker-led submissions and communication
This expansion to Novum's portfolio of specialized insurance solutions reinforces our commitment to providing innovative coverage options across diverse sectors. Novum delivers national capacity backed by insurers rated A- or better by AM Best. Our approach is grounded in long-standing surety principles: careful underwriting, clear authority, and a focus on long-term account stability.
For more information about SuretyPro, please contact:
Steve Golia
Ken Morotto
About Novum Underwriting Partners
Founded in 2019, Novum Underwriting Partners is a managing general agent and pioneering InsurTech company that leverages advanced technology and data-driven solutions. With a focus on efficiency, transparency, and exceptional customer service, Novum provides innovative insurance programs across various sectors.