Thought Leaders. Trusted Advisors.

The Surety & Fidelity Association of America (SFAA) is a nonprofit, nonpartisan trade association that represents all segments of the surety and fidelity industry. We promote the value of surety and fidelity bonding and its vital protections, through advocacy, outreach, promotion and education.

SFAA 2022 Year in Review

News & Events

SFAA Annual Meeting Highlights 2022 Accomplishments and Initiatives; Membership Elects Board

The Surety & Fidelity Association of America (SFAA), a nonprofit, nonpartisan trade association representing all segments of the surety and fidelity industry, held its annual meeting last week in Washington, D.C. with more than 185 members and guests attending.

SFAA and NASBP Host Successful Legislative “Fly-In”

The Surety & Fidelity Association of America (SFAA) and the National Association of Surety Bond Producers (NASBP) hosted a Legislative Fly-In on March 30, 2023. The Fly-In enabled surety professionals from across the country to educate members of Congress and staff about the value of construction surety bonds and advocate for their legislative priorities.

EY Report: Surety Bonding Provides Strong Economic Value and Strengthens Performance for Public and Private Construction Projects

A new study released today, The Economic Value of Surety Bonds, finds public and private construction projects protected by surety have lower rates of contractor default, lower cost of completion in the case of default, and are finished faster than non-bonded projects.

Our Impact

Since 1998, the surety industry
has protected more than

$11.5 trillion

in contract and commercial surety
exposure – approximately $690
billion in 2020 alone

Over $28 billion in losses
were paid out, and another

$60 billion

in loss adjustment, underwriting
and general expenses were
incurred since 1998

Since 2010, the fidelity
industry has paid over

$5.7 billion

in losses, and another $5.7 billion in
loss adjustment, underwriting and
general expenses were incurred.

Member Companies

Research & Programs

Small & Emerging Contractors

Helping small and emerging contractors with their bonding needs.