Frenkel & Company’s Surety Division is licensed to issue surety bonds worldwide. We have an “appointed power of attorney” agreement with the top 25 United States surety markets. Our team works seamlessly with these insurance companies to provide “ready access” to Frenkel & Company issued bonds within a 24 to 48 hour timeframe. Extensive industry resources, relationships, and our market presence make it possible for us to negotiate better pricing and broader coverages for clients. Our emphasis on client loyalty supersedes a focus on Frenkel compensation, foregoing the short lived bond/agent relationships practiced by some of our competitors.
Frenkel’s stellar reputation in the insurance marketplace compels us to work as your trusted business advisor and to practice the highest level of discretion. Our broker/client relationship begins with a Surety team consultation to ensure that your management strategies are appropriately structured to meet your company’s business goals. Such expectations include: financial analysis, capacity considerations, collateral options, contract reviews, fund control, indemnity issues, joint venture arrangements, market selections, and rate structures. Upon conclusion of this review, a designated Surety account manager will continue to offer the personal attention and insurance expertise you deserve—the kind of service that has been a Frenkel mainstay since 1878.
Anthony Spina, CPCU, AFSB, SRIS, ARM