Business Details
26 Years
experience
Specialist Travel Insurance Bonds in Caterham
Established in 2000, Wentworth Surety is a specialist insurance broker dedicated to providing surety bonds for the travel industry. Our team focuses exclusively on travel-related bonding solutions, offering tailored advice to small companies, new ventures, and large travel organisers. With over 25 years of industry expertise, we maintain strong relationships with underwriters and regulatory bodies to ensure compliance and competitive terms. Our three-step bonding process prioritises client understanding and early engagement, enabling efficient underwriting and rapid response to variations. We specialise in unsecured insurance bonds, which free up capital for business growth while meeting licensing requirements.Our services cover ATOL, ABTA, IATA, and other travel-specific bonds, with a 90% client retention rate demonstrating our commitment to long-term partnerships. We operate under Financial Conduct Authority authorisation and maintain strict adherence to data protection standards. Our director, Kevin Standen, has played a pivotal role in shaping the travel bonding market through innovative solutions and industry advocacy. We provide comprehensive support for management buy-outs and complex risks, often facilitating syndicated bond arrangements. Our approach combines specialist focus with personalised service, ensuring clients receive expert guidance throughout the bonding lifecycle.
Services
ATOL Bonds
ABTA Bonds
IATA Bonds
Irish Bonds
Security Bonds
Details
- Year established: 2000
Highlights and features
- 25+ years specialist experience in travel bonding
- Free expert advice with no monthly fees
- Tailored cover for all business sizes
- 90% client retention rate demonstrates reliability
- FCA-authorised specialist broker
Associations and certifications
- Financial Conduct Authority
Services
ATOL Bonds
We provide Civil Aviation Authority-compliant ATOL bonds to protect consumers and meet licensing requirements. Our specialist team negotiates competitive terms with underwriters while ensuring swift processing. This service enables travel businesses to demonstrate financial security while maintaining operational flexibility through unsecured bond options.
ABTA Bonds
Our ABTA bonding solutions cover both retail agents and tour operators, ensuring compliance with industry standards. We facilitate unsecured insurance bonds that release working capital while meeting regulatory obligations. Our expertise includes handling complex cases and mid-term variations with minimal disruption to client operations.
IATA Bonds
We arrange IATA bonds to secure payments under the Billing and Settlement Plan. Our specialist knowledge ensures compliance with airline industry requirements while optimising bond terms. This service protects travel businesses through professional underwriting rather than restrictive cash deposits.
New Company Bonds
We support new travel ventures by arranging bonding solutions that demonstrate financial credibility. Our service includes business plan guidance and direct underwriter liaison. We specialise in assessing new companies' viability and securing appropriate bonding terms based on management expertise and market potential.
Bond Variations
We manage bond variations to accommodate business growth or regulatory changes. Our streamlined process handles mid-term increases efficiently without requiring additional security. This service ensures continued compliance while maintaining operational flexibility for expanding travel businesses.
People
Kevin Standen
Director
With over 25 years in travel bonding, Kevin pioneered industry reforms and developed rescue packages for insolvent insurers. He maintains strong underwriter relationships and specialises in complex bond arrangements, bringing innovative solutions to challenging cases while leading our specialist team.
Questions
What types of travel bonds do you provide?
We provide ATOL, ABTA, IATA, Irish, coach company, and other specialist travel bonds for UK and Irish operators.
How does insurance bonding differ from bank bonds?
Insurance bonds require no cash deposit, freeing capital for business use, while banks typically demand security deposits with limited interest.
Can new travel companies obtain bonds?
Yes, we specialise in supporting new ventures with business planning guidance and tailored bonding solutions based on management expertise.
How quickly can you arrange a bond?
We prioritise swift processing, with initial quotations typically arranged within 3 working days of receiving complete documentation.
Do you handle bond variations?
Yes, we efficiently manage mid-term variations, often without requiring additional security, to accommodate business growth or regulatory changes.
Are your services free?
Yes, our broking services are completely free with no monthly fees - we receive commission from underwriters.
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