18
carriers run their surety business on TSC
TRUSTED BY SURETY CARRIERS
Submissions arrive incomplete
Financials, WIP schedules and indemnity details come in by email and PDF, often with gaps.
Underwriting files built by hand
Underwriters pull together financials, prior bonds and outside data before they can decide.
Agency-issued bonds rekeyed
Bonds executed under Power of Attorney arrive later as PDFs and are typed into the bond record.
Intake
PDF, Word, Excel and image submissions are converted into structured records.
- PDF, Word, Excel and image intake
- Missing fields flagged before underwriting
- Routing by appetite, geography and contractor profile
- Producer portal to submit, track and retrieve
Underwriting
Review contract, commercial and renewal business with financials, WIP and prior bonds in the underwriting file.
- WIP, indemnity and financials pre-loaded
- Prior bond record attached
- 3 Cs scoring based on your underwriting framework
- Credit, court, lien, SAM.gov and adverse media checks
- Approve, refer or decline, with the next action shown
Rating
Rating set by bond program and distribution partner.
- Custom rating algorithms, factors and tiers
- Rates and product access by distribution partner
- Product changes made by your product team
Issuance
Issue approved bonds, generate documents and create the carrier bond record.
- Automated issuance and document generation
- Compliance checks at issuance
- Bond record created at issuance
Servicing
One bond record from issuance through riders, renewals and cancellations.
- Contract and commercial bonds
- Riders, modifications, renewals and cancellations
- Claims and billing data sent downstream through TDX
- Recovery from the principal
Agencies on TSBA
The Digital Highway will exchange submissions, rates, underwriting questions and issued bond data between TSBA and TSC.
Bonds from outside the network
BondImport.AI extracts, validates and normalizes bond data from PDFs, emails and attachments.
Direct entry
Your operations team enters bonds in TSC with the same validation and audit trail.