The Evolution of Bond Exchange
Blog Introduction: Bond Exchange has been providing insurance agents with the service and expertise necessary to satisfy their customers’ surety bond needs since 1977. Over the course of forty years, Bond Exchange has grown and evolved as a company, expanding its services and offering new opportunities for customers to get the bonds they need. Let’s take a look at the journey of Bond Exchange throughout this time period.
From CNA Surety to J.E.P Capital
In 1999, Bond Exchange was acquired by Western Surety Company (now CNA Surety). As part of this acquisition, Bond Exchange continued to service the bond needs of Western’s large group of independent agents, along with Nationwide and independent agents. This acquisition was a major step in Bond Exchange’s growth as it expanded its client base significantly.
In 2012, J.E.P Capital Inc acquired BondExchange from CNA Surety which meant even more opportunities for growth for the company. In 2015, they entered into a referral relationship with Northeast Agencies Inc., an affiliate of Allstate Insurance Company, allowing them to build relationships with even more customers.
BondExchange Entering the Digital Age
In 2016, BondExchange launched their website BondExchange.com which provides customers with an easy-to-use online platform for trading and investing in bonds. This allows people from all walks of life – families, millennials and baby boomers alike – to access these services without needing to visit an office or contact someone directly . This online platform is user-friendly and offers real-time tracking and reporting on your investments so you can stay up-to-date on progress as well as view historical performance data on your accounts at any time.
BondExchange continues to provide individuals with reliable services that have evolved over forty years in order meet customer needs in today’s digital age. From being acquired by CNA Surety in 1999 to launching their website in 2016, BondExchange has become a leader in providing secure bonds through innovative technology such as their easy-to-use online platform that allows regular people to trade and invest in bonds without leaving home or having prior knowledge about investments or markets . With their commitment to quality service , it’s no wonder why so many people continue turn to them for all their surety bond needs.
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