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Main Street America Adds Third-Party Functionality to Bonds System

Main Street Station for Bonds now allows high-volume clients to initiate, approve or order bonds.

Main Street America Group agents can now register their clients to initiate and approve bonds—or order bonds themselves—through new third-party functionality in its Main Street Station for Bonds ordering and processing system.

The platform, which launched in January 2008, includes simple miscellaneous surety bonds, license and permit bonds, probate and court bonds and fidelity bonds.

The Jacksonville, Fla.-based parent of NGM Insurance Company, Old Dominion Insurance Company, Main Street America Assurance Company, MSA Insurance Company, Great Lakes Casualty Insurance Company and Grain Dealers Mutual Insurance Company says that the capability will allow client organizations that regularly produce high bond volume to reduce their transaction and mailing costs.

“Our new third-party functionality … [gives] our agents a tool to … increase business with their customers while earning commission on each transaction,” says Brian Beggs, vice president of Main Street America’s bonds department.

Nathan Golia is senior editor of Insurance & Technology. He joined the publication in 2010 as associate editor and covers all aspects of the nexus between insurance and information technology, including mobility, distribution, core systems, customer interaction, and risk ... View Full Bio

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