# Propeller Bonds

> Digital surety bond platform for agents and brokers

## At a glance

| Field | Value |
| --- | --- |
| Type | MGA |
| Region | NA |
| Headquarters | Philadelphia, Pennsylvania, USA |
| Founded | 2020 |
| Employees | 11-50 |

## Overview

Propeller Bonds is a surety and fidelity bond MGA that provides a digital issuance platform for insurance agents and brokers across North America. Founded in 2020 and headquartered in Philadelphia, Pennsylvania, the company targets the USD 6 billion surety bond market by automating quote, payment, and policy issuance functions that traditionally required manual underwriting and paper-based processing.

The company underwrites contract bonds, commercial surety bonds, and fidelity bonds, offering access to approximately 10,000 bond obligations through a white-label agent portal. Arch Capital Group serves as the primary capacity provider and acquired Propeller Bonds in 2024, with Skyward Specialty Insurance and Amwins also serving as distribution and underwriting partners.

Propeller distributes exclusively through agents and brokers, with a network exceeding 9,000 agency partners as of 2025. The platform processes over 70,000 transactions annually, enabling agents to issue bonds in minutes versus days under traditional processes. The company reports a 93% reduction in time agents spend on bond issuance compared to legacy workflows.

## Products & services

### Surety Bond Platform

An automated digital portal for quoting, paying, and issuing surety bonds across contract, commercial, and fidelity categories.

**Key features:**

- Contract bonds covering construction and project\-based work
- Commercial surety bonds including license, permit, and miscellaneous categories
- Fidelity bonds for employee dishonesty and crime coverage

*Target users:* Insurance agents and brokers seeking digital surety bond issuance

*Distribution:* Wholesale through agent and broker network \(white\-label portal\)

### White\-Label Agent Portal

A customizable portal granting appointed agents and brokers access to the full catalog of approximately 10,000 bond obligations.

**Key features:**

- Instant approval and policy issuance without underwriting intervention
- Digital policy amendments without reapproval
- Credit and debit card payment processing

*Target users:* Independent agencies and regional brokers

*Distribution:* Direct access for appointed agency partners

## Links

- Website: <https://propellerbonds.com>
- Directory profile: <https://insurtechlist.com/companies/propeller-bonds/>
- Faq: <https://faq.propellerbonds.com/faq>
- Pricing: <https://propellerbonds.com/pricing/>
- Linkedin: <https://www.linkedin.com/company/propellerbonds>
- Press/news: <https://propellerbonds.com/podcasts-press-releases/>
- Agency sign\-up: <https://propellerbonds.com/get-started/>
- Bond application: <https://propellerbonds.com/need-a-bond/>

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*Last updated: 2026\-06\-15*