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SuretyPro

Practical Surety Solutions Available in US and Canada

Novum SuretyPro provides thoughtful underwriting, clear communication, and disciplined bonding solutions for small and mid-sized contractors. We deliver practical paths to support where risks can be understood, structured, and monitored.

Products

Bid Bonds

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Performance Bonds

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Labor & Material Bonds

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Maintenance Bonds
 

Commercial Surety Bonds


Lien Bonds (Canada only)

Submission Requirements

Agency cover letter

Contractor questionnaire

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Current financial statements

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Work-in-progress schedule

Banking information & financial disclosure

Contract and bond forms

Details regarding prior claims or tax issues

Broker Access

Existing Brokers

Licensed brokers with approved accounts can log in to submit and manage surety applications.

US Contact:

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Ken Morotto
ken.morotto@novumuw.com

860.989.4601

Canada Contact:

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Robert Chiarantano

robert.chiarantano@novumuw.com

416.845.1035

View Novum Canada offerings:

Novum Canada

Underwriting Approach

Broker-led submissions and communication

Defined indemnity and security expectations

Evaluation of work program and contract exposure

Funds control, collateral, verified liquidity, and monitoring

Financial review based on national standards

Why Choose SuretyPro?

Fast, Responsive Underwriting: Same-day triage for complete submissions, subject to complexity and authority and prompt preliminary feedback.

Practical Solutions: Funds control, collateral, verified liquidity, and monitoring when appropriate.

Agent-First Approach: Defined appetite and expectations with clear conditions and transparent communication. 

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