Jet Surety
“Can a digitally-native surety bond provider eliminate traditional insurance intermediaries and underwriting friction by embedding real-time open banking data into the bond vetting process?”
HQCharlotte, North Carolina, United States
IndustryFintech / Insurtech
The story
Jet Surety (operating as Jet Insurance Company) is a surety and fidelity bond provider focused on simplifying the bond purchasing process for small businesses nationwide. The company has modernized a traditionally paper-heavy, middleman-driven industry by leveraging technology — most notably integrating Mastercard Open Banking to enable real-time financial data verification for bond vetting and fraud reduction, replacing manual underwriting processes.
Product timeline
2024
Integrated Mastercard Open Banking Solutions to power accurate bond vetting and fraud reduction in surety bond underwriting.· banking
The stack
1 layer disclosed in Jet Surety’s embedded-finance stack
Open banking
Accounting gap: none