General Indemnity Group
Digital surety insurance MGA built on proprietary technology for rapid bond approvals
Overview
General Indemnity Group (GIG) is a surety insurance MGA and holding company serving insurance agents and end consumers nationwide across all 50 states. Founded in 2015 and headquartered in Boston, Massachusetts, GIG operates as a wholly owned subsidiary of Boston Omaha Corporation (NYSE: BOC), a diversified holding company with operations in broadband, billboards, and bonds (surety insurance).
GIG underwrites surety bonds through United Casualty & Surety Insurance Company (UCS), its AM Best A- Excellent-rated monoline surety carrier. The company distributes these products through BOSS Bonds, a national surety managing general agency licensed in all 50 states, and through SuretyBonds.Market, a proprietary digital portal that automates the bond approval process for agents and end consumers.
In FY2024, GIG reported total revenue of USD 23.9M, a 35% increase from USD 17.7M in FY2023. UCS grew written premiums by 40% that year and increased Policy Holder Surplus by 86% to USD 40.7M following a capital contribution from Boston Omaha Corporation.
Products & Services
United Casualty & Surety Insurance Company (UCS)
A monoline surety insurance carrier with an AM Best A- Excellent rating. UCS functions as the capacity provider within the GIG holding structure, writing surety bonds for agents and consumers nationwide. In 2024, UCS grew written premiums by 40% and increased Policy Holder Surplus by 86% to USD 40.7M.
Key Features
- Monoline surety bonds
- Nationwide coverage
Target Users: Insurance agents, commercial insurance customers, consumers requiring surety bonds
Distribution: Wholesale through BOSS Bonds MGA; direct through SuretyBonds.Market portal
BOSS Bonds
A national surety managing general agency licensed in all 50 states. BOSS Bonds serves as the distribution hub for GIG, aggregating the company's surety agency acquisitions and connecting agents and brokers to surety products.
Key Features
- Surety bond placement across all 50 states
- Full-service surety agency support
Target Users: Independent insurance agents and brokers
Distribution: Wholesale via independent agents and brokers
SuretyBonds.Market
A proprietary digital portal that automates the surety bond application and approval process. The platform serves agents and consumers seeking rapid bond approvals by eliminating manual friction through real-time data and digital workflows.
Key Features
- Automated bond approval workflows
- Real-time data integration
- Agent and consumer-facing self-service
Target Users: Insurance agents, consumers needing surety bonds
Distribution: Direct (digital portal)
At a Glance
- Founded
- 2015
- Headquarters
- Boston, MA
- Employees
- 11-50
Category & Focus
Last updated: 2026-05-17