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Suretyship insurance

Bid, advance payment, performance and maintenance suretyship insurance.

Suretyship insurance for business

ERGO surety insurance provides a means to secure contractual obligations. This insurance ensures that if the policyholder fails to fulfil contractual obligations for various reasons (or fulfils them improperly),  the insured (beneficiary) will be compensated for the direct losses incurred.

To secure your company’s obligations to the customer, you can choose from a number of our insurance options. Our range of surety insurance types will allow you to cover various types of obligations to the customer, whether under the terms of the customer’s procurement, the terms of a contract between you and the customer or statutory requirements.

Why to choose ERGO insurance?

Market leader

We have many years of experience in suretyship insurance, leading the market

Insurance contracts up to 5 years

We offer long-term insurance coverage as needed

Focus on customer

We offer exclusive customised solutions to meet your needs

Securing non-standard obligations

Our insurance services are available to cover a wide range of the policyholder’s liabilities, including facilities abroad

Market leader

We have many years of experience in suretyship insurance, leading the market

Insurance contracts up to 5 years

We offer long-term insurance coverage as needed

Focus on customer

We offer exclusive customised solutions to meet your needs

Securing non-standard obligations

Our insurance services are available to cover a wide range of the policyholder’s liabilities, including facilities abroad

What is covered by suretyship insurance?

All insured events

Depending on the policyholder’s needs, we can provide the following types of suretyship insurance:

  • bid surety insurance;
  • performance surety insurance;
  • advance payment surety insurance;
  • maintenance surety insurance.

What is covered by suretyship insurance?

20+

countries across the ERGO Group

1200

team members in the Baltics

640 000+

customers in the Baltics

90+

products

Terms and Conditions of Suretyship Insurance