Surety Seven

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Surety Seven

Join us on a journey to transform India's financial landscape! Our passionate team is dedicated to educating and advising on the benefits of surety bonds as your path to a brighter, more secure future. Be a part of India's growth story with us. Start your educational journey now.

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Contact Information

Address: H-258, Ashok Vihar, Phase-1, Delhi-110052

Phone: +91 9911557724, +91 9717024265

Email: support@suretyseven.com

Disclaimer: Surety Seven technology Private Limited is a registered technology company. We are providing software support to streamline surety insurance underwriting in India. We do not solicit any kind of insurance.

De-risking
Bharat's
Progress

With elite insurance expertise powered by breakthrough technology. Surety Seven is set to be the face of Bharat reclaiming it’s eminence.

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Name

55%

of Surety Bonds have been powered through our technology

1237

Crores value of risk assumed by Insurers and Re-insurers for Surety Bonds powered by us

lakh crores is the total value of guarantees required in India in the next 3 years

India’s first Surety Tech Provider on a mission to set up India’s first Surety focused Insurance company.

Risk Management

Bank Guarantees

Surety Bonds

EASE OF QUALIFICATION

Primarily examine collateral quality & liquidity, less focus on contractor capability.

Assess contractor's capability & mitigate risk of default.

FINANCIAL IMPACT

Reduce lines of credit, appear as contingent liabilities.

Minimal impact on existing lines of credit & financial statements.

USAGE FLEXIBILITY

Generally standardised, with limited flexibility for customization.

Can be tailored to fit various project sizes and durations.

According to estimates, the Surety Bond Market in India is set to reach 93 Lakh Crores and we see ourselves at the forefront of this boom.

How Surety Seven is leading the Surety Bond Revolution

Feb 2022

Surety Bonds become Legal Tender

Aug 2022

The idea of Surety Seven is brought up by the founders

Dec 2022

Bajaj Allianz launched India's first surety bond insurance

Jan 2023

IRDAI relaxed rules to promote surety insurance business growth

Apr 2023

Surety Seven tech powers the first analysis for Surety Bonds

Aug 2023

India’s first surety(bid) bond powered by Surety Seven tech is issued

Sep 2023

India’s first surety bond powered by Surety Seven other than Ministry of Road transport and highways

Sep 2023

First surety bond powered by Surety Seven for the insurance arm of India’s largest bank

Nov 2023

NHAI accepted first insurance surety bond from SBI for TOT bid

Nov 2023

First surety bond with 90%+ Facultative support powered by Surety Seven

Feb 2024

First performance bond with 90%+ Facultative support powered by Surety Seven

Apr 2024

Surety Seven software gets recommendation from on the of the largest Re-insurers in India

About Us

Welcome to our digital haven, where innovation meets passion! We are a dedicated team driven by the belief that every idea deserves to be heard. Join us as we embark on a journey to transform imagination into reality, one bond at a time.

Pranjal Aneja

Chief Executive Officer

Uditt Lamba

Chief Technology Officer

Jai Sachdeva

Head Of Engineering

Blogs

Leveraging Indemnity Agreements for Enhanced Surety Bond Recovery: A Strategic Advantage for Indian Insurance Companies in a Challenging Legal Framework - Surety 007 - Promoting Surety Bonds through Technology

This white paper examines the current challenges faced by Indian insurance companies issuing surety bonds, particularly as they are classified as unsecured creditors under the Insolvency and Bankruptcy Code (IBC) 2016. This classification limits their recovery prospects in insolvency scenarios. To navigate these challenges, insurers increasingly rely on indemnity agreements with contractors (the indemnifiers) to […]

Power of Customs Bonds through India’s Surety Market: A Comprehensive Guide to replacing expensive Bank Guarantees - Surety 007 - Promoting Surety Bonds through Technology

Customs Bonds are crucial for businesses engaged in import and export, ensuring adherence to government regulations and securing financial obligations for customs duties. As India’s market adapts to the Insurance Regulatory and Development Authority of India’s (IRDAI) approval of surety bonds on February 2, 2022, Customs Bonds represent a transformative opportunity. In this article, we […]

Performance Bond in India - Know its Benefits and Working

Learn about performance bond in India. Understand their purpose, advantages, and how they help ensure safe business deals. performance bond construction

Importance and Benefits of Surety Bonds For NHIDCL

Understanding The Importance Of Surety Bonds For NHIDCL Projects in India With Surety Seven

Credit bottleneck of growth: Solution Surety Bonds | Surety 007

Discover how Surety Bonds are transforming India's infrastructure growth by unlocking credit and boosting liquidity

RBI draft guidelines on infrastructure financing | Surety 007

Explore RBI's draft guidelines on infrastructure financing. Discover hits, misses, and suggestions by Pranjal Aneja, CEO of Surety Seven

Made with Love

and Chai

in Delhi