The Partnership Account™
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The Partnership Account™ is a direct credit agreement between you and Colonial Surety Company.
This revolutionary on-line surety management system is designed to improve our customers business and to simplify the surety relationship.
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Online Features |
Execute your own bid bonds
Direct on-line ordering of performance bonds
Direct monitoring of your uncompleted work as reported by the owners of your bonded jobs
On-line updating of actual work in progress
Surety limits in writing
Direct communication with the underwriter and personal bond administrator
Management reports
Confidentiality Agreement
Security
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How the Partnership Account™ works |
The Partnership Account™ is your surety "line of credit". By establishing a Partnership Account™,
you have direct control over your credit activity. You connect to your Partnership Account™ using
Colonial Surety's secure website. Partnership Account™ clients are supplied with a bond issuing
kit, along with a Colonial Surety Company corporate seal. Much like your company's bank or
checking account, you now have the flexibility to print and execute your own bid bonds. |
Execute your own bid bonds |
Your surety line of credit now becomes your company's bond checking
account. We believe that you should have direct control of your own credit activity. We do not find a
need to use a third party to monitor your surety activity. Since we do not sell insurance, we are not
interested in using surety as the traditional leverage to write unrelated business insurance. |
