SFAA serves as a thought leader and trusted advisor for the industry
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.
Who We Are
Our association’s more than 450 member companies write 98 percent of surety and fidelity bonds in both the public and private sectors, including construction surety bonds, commercial surety bonds, and a variety of fidelity bonds. While the types of bonds are different, the overarching purpose remains the same – to provide financial protection to businesses, families, and consumers by guaranteeing contractual obligations are met through the securement of a bond. With these protections in place, businesses are able to grow and flourish, critical infrastructure developments are successfully carried through to completion, and companies are protected from wrongful acts of their employees – all of which positively support the economy.
Based in Washington, D.C., SFAA works to promote the value of surety and fidelity bonding by proactively advocating on behalf of our members and stakeholders they serve – both in state houses and on Capitol Hill. Government officials rely on SFAA as a source of accurate, data-driven information and insight on how proposed legislation or regulation will affect the surety and fidelity industry and the overall business community.
What We Do
Advocacy
SFAA advocates, monitors and reports to members on industry-related legislative, regulatory and judicial developments. Staff also presents SFAA’s position on issues to legislatures, agencies, courts, and trade associations and promotes the interests of members.
Education
SFAA provides industry-specific programs to promote the public understanding of, and confidence in, the surety and fidelity bonding industries and to support member training efforts.
Promotion
Promotion of the products of the surety and fidelity industry is at the foundation of all of SFAA’s member services. SFAA has served as the industry thought leader and trusted adviser for over a century, promoting surety and fidelity bonds as the most comprehensive risk management tool.
Expertise
Members can access staff for help on a wide range of matters from risk-type classifications and analysis of bond forms to development of a mentoring program and industry specific recruiting support.
Statistics
As a licensed statistical agent, SFAA collects statistical plan and financial statement data and satisfies members’ mandatory reporting requirements countrywide. SFAA also develops aggregate industry statistical reports available to its members.
Regulatory Services
SFAA develops and files countrywide surety and fidelity manual rules, loss costs and standard fidelity forms. Members may elect to provide SFAA with authorization to file on their behalf or may submit independent filings. Authorizations are filed on a by-state, by-company basis.
Fidelity Forms
SFAA develops and files standard fidelity forms and endorsements for policies, bonds and other forms for optional use by members. Current members are also free to utilize SFAA copyrighted material to develop and file independently.
Networking
Membership provides a valuable forum to discuss topics of common interest within the bounds of SFAA’s Antitrust Guidelines. All members are invited to participate on the SFAA Board’s advisory committees.
Technical Assistance and Program Support
SFAA responds to inquiries and provides assistance, where requested, to organizations and jurisdictions involved in establishing formal state and local programs of surety support for emerging contractors.
Surety Protects
Learn how surety
bonds protect taxpayers,
save time,
reduce costs and
keep projects on track.
Surety Industry Advances Critical Federal Policy
SFAA and NASBO hosted their most successful Federal Legislative Fly-in to date, bringing a record number of surety professionals from across the country to Capitol Hill to engage lawmakers on the value of surety bonding.
The Surety & Fidelity Association of America Foundation Awards Record $90,000 in Scholarships
The SFAA Foundation a 501(c)(3) organization dedicated to expanding the pipeline of qualified applicants within the surety and fidelity industry, has awarded a record $90,000 in scholarships to thirty-one students through its Surety and Fidelity Intern and Scholarship Program.
News & Events
SFAA and NASBP led a Legislative Fly-In with members from across the industry to educate Congress on the value of construction surety bonds and advocate for key legislative priorities. Surety professionals held over 135 meetings with policymakers and staff to emphasize the significant savings that surety bonding provides to taxpayers across the country.
The Surety & Fidelity Association of America Foundation (SFAA Foundation) has awarded a record $90,000 in scholarships to thirty-one students through its Surety and Fidelity Intern and Scholarship Program.
The Surety & Fidelity Association of America (SFAA) has announced that Alex Gleason, Head of Federal Government Affairs, has been named one of the 2025 Top Lobbyists by the National Institute for Lobbying & Ethics (NILE).