The Surety Market: A Lucrative Landscape for Brokers

As the Surety market grows, technology is increasingly vital in helping brokers connect clients with the right Surety solutions. Tinubu serves as a key technology partner, empowering brokers and carriers with scalable, efficient tools to enhance their market position.

“Tinubu’s vision is to be the premier digital ecosystem for Surety—seamlessly connecting brokers, carriers, and all key Surety participants,” said Yaron Ben-Zvi, General Manager and Chief Operating Officer, Tinubu Surety. “By driving automation and digitization, we’re making workflows more efficient and ensuring that data flows effortlessly between stakeholders.”

With decades of experience serving brokers with diverse operational needs, Tinubu continuously adapts to market demands, enabling clients to maximize efficiency and growth. 

Tinubu Surety Solution for Brokers & Agents—A Game-Changer

Managing bond forms, ensuring accuracy, and navigating administrative processes can create bottlenecks and inefficiencies. The Tinubu Surety Solution for Brokers & Agents (TSBA) is the industry-leading surety bond processing and file management platform. In 2024, the TSBA platform processed approximately 320,000 contract, commercial, and bid bonds. TSBA was designed to increase efficiency and provide a centralized solution for managing the entire bond lifecycle.
With TSBA, brokers and agents can process bonds for nearly up to 1,000 Surety carriers, MGAs, and subsidiaries across any type of bond – contract, commercial or bid.

While TSBA is a comprehensive platform solution for brokers and agents, the following key features are favorites among brokers and agents: 

Streamlining Bond Processing

Tinubu’s platform automates key steps in the bonding process, reducing manual labor and minimizing the potential for human error. This automation accelerates processing times, allowing brokers and agents to serve clients more efficiently and accurately. Faster turnaround times improve client satisfaction while boosting agent productivity. 

The platform’s streamlined processing integrates seamlessly with existing systems through robust APIs, which can create connections to agency management systems such as  Epic and Sagitta. This allows brokers to maintain their preferred workflows while leveraging Tinubu’s efficiency-driven approach.

Electronic Bonding

E-bonding has become a critical component of Surety industry growth, making the process more secure, efficient, and reliable for all parties involved—brokers, agents, sureties, obligees, and contractors. For brokers and agents handling a high volume of bonds, efficiency isn’t just a convenience—it’s a competitive advantage.

Tinubu delivers an end-to-end electronic bonding solution, connecting seamlessly with hundreds of obligees, including over 70 Departments of Transportation. Our system integrates with bidding platforms like BidExpress, enabling smooth electronic verification. With instant access to bid results—rankings, amounts, and competitive data—brokers and agents can manage and report on transactions with ease, even in complex, multi-system environments.

Unrivaled 30,000+ Bond Form Library

Tinubu’s extensive bond form library is the largest in the industry, offering immediate access to over 30,000 bond forms. This vast repository significantly reduces the time and effort to source bond forms. Bonds can be sourced and issued in minutes, which is particularly valuable for high-volume, low-margin transactions.

The library’s depth enables TSBA users to quickly find the forms needed for various jurisdictions and bond types. The bond library takes a crowdsourced approach to collecting bond forms, ensuring a diverse and comprehensive selection.

Bond forms can be saved as favorites, ensuring frequently used documents are readily available. If an agent needs a bond form they have not issued before, they can search for it in the library, much as one might do a Google search, and then client information auto-populates. The ease of accessing a rich repository of bond forms is a top feature of the TSBA platform.

“The platform is so easy to use. Love the bond form library and the billing integration to Epic,” shared a TSBA Customer in a recent Net Promoter Score (NPS) survey.

How Leading Brokers Grow with TSBA

1. Shaping the Platform and Driving Volume

Tinubu’s largest TSBA customer by volume processes over 100,000 transactions annually with over 100 active users — a testament to the platform’s operational efficiency.

This agency has been in the industry for decades and has been a Tinubu customer for more than 10 years. With their Surety transaction volume and industry expertise, this customer has been instrumental in shaping the TSBA platform’s development to meet real-world needs for high-volume agencies. Their input has led to enhancements in reporting, bond form access, and workflow design — improvements that now benefit all platform users. 

This customer achieves significant transaction volume year-over-year due to TSBA’s streamlined processing and automation capabilities. The customer also requires tailored reporting capabilities, including detailed insights into transaction volume, agent performance, and financial outcomes. In response to these needs, Tinubu developed customized producer and service-level reports, which have since become the default reporting standard on the platform.

2. Positioned for Growth Through M&A 

A mid-sized broker is growing aggressively through mergers and acquisitions while on the TSBA platform. Last year, they processed 11,000 transactions with about 30 active users. As the broker acquires smaller firms, TSBA enables seamless onboarding and data consolidation. The platform’s ability to handle data migrations and integrate with external systems ensures that merger and acquisition growth does not disrupt existing operations. By growing with TSBA, the broker has established a scalable foundation to support continued M&A activity and increasing operational complexity.

3. Leveraging e-Bonding to Streamline Contractor Operations

One TSBA customer stands out for its high volume of e-bonding activity, working closely with contractors to provide a seamless digital experience – highlighting TSBA’s flexibility and market reach. Tinubu’s e-bonding system supports electronic signatures and seamless submission to obligees by providing a BVN (Bond Verification Number), accelerating the bid process for the firm and its clients.

This customer works with many contractors through TSBA to efficiently manage electronic bonding requirements. Tinubu’s e-bonding solution allows contractors – through existing TSBA brokers and agents – to subscribe for a reasonable yearly rate, making it an accessible option for smaller firms while providing significant efficiency gains. 

A Unified Platform for Brokers and Agents of All Sizes

From high-volume leaders to growth-focused firms and contractor-driven agencies alike, TSBA is a versatile and valuable platform for Surety brokers. The platform’s robust bond form library and ability to streamline complex workflows give brokers and agents a competitive edge, enabling them to operate more efficiently and confidently scale.

By empowering brokers and agents to issue bonds and manage the bond lifecycle with greater speed, accuracy, and insight, TSBA positions Tinubu as a critical partner in driving broker and agent success and strengthening the broader surety market.

“I have a history with Tinubu and the founders. We as a team created the platform in the mid-90s,” stated a TSBA Customer in a recent NPS survey. “Tinubu has evolved, remains the industry leader, and has proven that over time.”