The Tinubu Bond Library merges speed, accessibility, customizability and an unparalleled collection of 30,000+ forms into a powerful tool that makes Surety bond issuance significantly faster and more efficient. The library is a powerful tool for Surety professionals. 

Surety Bond Library 101—Why It’s Valuable

A Surety bond library is a centralized, searchable database of bond forms which Surety agents and brokers can use to issue bonds with little (or no) manual work and no underwriting required. 

Why a Bond Library is Valuable for Agents and Brokers:

• Speed: Bonds can be issued in minutes, which is particularly important for high volume, low margin commercial bonds. 
• Efficiency: The time needed to find bond forms, templates and guidelines is significantly reduced.
• Consistency: Makes it easier to use the same forms and language for different issuances of the same bond.
• Reduces or Eliminates Errors: Fields are autopopulated digitally and little manual work is needed, lowering the possibility of incorrect data entry.  

The Tinubu Bond Library—a Competitive Advantage

The Tinubu Bond Library is the largest, most diverse and comprehensive on the market, and it is constantly expanding. Tinubu’s library also stands out for its user-friendly design and the speed with which it can be used.

The library contains around 30,000 different bond forms, accessible as editable PDFs, enabling Tinubu customers to use these forms to issue new bonds in minutes, simply by setting client and rate information. The extensive library includes numerous types of commercial and contract bonds, and different versions of the same form posted under multiple SAA codes, which saves users even more time. The library also holds carrier-specific bonds, complete with letterhead and other design features: those bonds can only be used by the appropriate carrier.

How it Works

The Bond Library is a comprehensive file management system for bond agents, allowing them to find what they need with minimal effort. Once a form is accessed, users input their client details and the form populates automatically for bond issuance.

The Library arranges bonds into four main categories: Generic, Performance and Payment, Standard Bid Bond, and Subdivision. This structure streamlines the search process, enabling agents to navigate and select the appropriate bond easily.

Bond forms can be saved as favorites, ensuring that frequently used documents are always at the fingertips of agents and brokers. If a user wants a bond form they have not issued before, they can search for it in the library, much as one might do a Google search, then simply enter their specific client information, issue it and save it as a favorite for future use. The ease of accessing bond forms is one of our customers’ favorite features of the Tinubu Broker Agent platform. 

Digital Cleanup, Crowdsourced Bond Forms

Can’t find a bond form you need?

Our customers are welcome to submit bond forms to add to the Bond Library.

Many forms in our library initially come as scanned documents that require cleanup for usability. Our team diligently works to digitize these forms, allowing users to fill them out electronically instead of printing, handwriting, and rescanning them. This not only saves time, it also reduces the risk of errors.

We have all types of bonds in our Library. Our bond library takes a crowdsourced approach to collecting bond forms, ensuring a diverse and comprehensive selection that isn’t limited to specific agencies or bond categories. Forms are sourced from a range of industry professionals, as well as state, regional and local governments and municipalities. Before digitization and upload, any transaction-specific or contract-specific details are removed, and we obtain permission from individual carriers before uploading generalized versions of their forms. The library accepts submissions from agencies and brokers, which are then vetted by Tinubu, digitized and uploaded into the system.

Tinubu customers can also submit their own bond forms for digitization and reuse, eliminating the need to recreate them manually. These forms can be saved in the “favorites” queue for easy, quick access. If an agent has a bond form that isn’t currently in our library, we encourage them to submit it so it can be added for broader use. We also maintain carrier-specific forms.

Automatic Update of Forms

When a new version of an existing form comes out, we will add it to the library and replace old forms with the most current version. For example, if the library contains a 2014 version of a government form and a new one is released, we will add that new version to our system and replace the old one. This kind of update happens across the system, so even if a client has a certain bond saved in their “favorites” queue, it will be automatically updated to the latest version, ready for use when it is needed.