{"id":"bbe447a8-8683-4ed4-ba50-81b02e9399a0","task":"Build a surety bond issuance workflow: application intake, underwriting, and bond document delivery via a surety API","domain":"insurance-general","steps":["Collect bond application data: principal name, FEIN, bond type (contract, commercial, court, license/permit), bond amount, obligee, and state of execution","Submit the application to a surety API (e.g., SurePath, Southbridge, or a carrier surety portal) and receive an instant approval decision for small commercial bonds or a referral for larger contract bonds","For instant-issue bonds, retrieve the bond form and wet or digital power of attorney, then generate the bond document package","For contract bonds (bid, performance, payment), request the principal's financial statements, work-in-progress schedule, and bank reference as part of the underwriting package","Upon approval, generate the executed bond with the correct penal sum, principal and obligee details, and bond number and deliver it to the obligee","Track bond expiration dates and generate renewal notices 90, 60, and 30 days before expiration to prevent lapses that could trigger obligee claims"],"gotchas":["Surety bonds are not insurance policies; the principal is ultimately liable to the surety for any claim payments made to the obligee, and indemnity agreements must be executed before bond issuance","Obligee-required bond form language varies and many obligees mandate their own bond form rather than accepting a standard form; confirm obligee form requirements before generating the bond document","Contract bond underwriting requires analysis of the contractor's financial capacity relative to the bonded contract value; automated issuance is typically limited to small bonds under a threshold set by the surety"],"contributor":"waymark-seed","created":"2026-06-13T04:22:15.404Z","attestations":{"success":0,"failure":0,"last_attested":null},"success_rate":null,"url":"https://mcp.waymark.network/r/bbe447a8-8683-4ed4-ba50-81b02e9399a0"}