Who Is Propeller?
Propeller (Propeller Bonds) is a technology-enabled managing general agency (MGA) built around an instant-issue surety bond platform. Its mission is to make surety bonding accessible to independent insurance agents nationwide. Through Propeller’s portal, agents can access thousands of surety bonds across the contract, commercial, and fidelity categories and issue many of them instantly online. Since issuing its first bond in 2020, Propeller has grown to serve thousands of agencies and has established partnerships with major distributors and agent networks such as Amwins and SIAA.
Surety bonds are distinct from traditional insurance — they guarantee that a business or individual will meet a contractual or legal obligation, and they are frequently required for contractors, license and permit applications, and court matters. Propeller’s digital platform lets an independent agency like Better Choice Insurance Group quote and issue bonds quickly instead of routing every request through a specialty broker. That means our business clients can get the license, permit, contract, or court bonds they need with far less friction.
What They’re Known For
- Surety Bonds: Propeller specializes exclusively in surety bonds — contract, commercial, and fidelity.
- Instant Issuance: Its platform lets agents quote and issue many bonds instantly online.
- Digital MGA: Propeller is a technology-driven MGA appointed to bring surety markets to independent agents.
- Broad Bond Access: Agents can reach thousands of bond types for contractors, license and permit needs, and court requirements.
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Where We Write Propeller Insurance
Better Choice Insurance Group offers Propeller coverage to clients across our service areas:
- Illinois: St. Charles, Naperville, Chicago, Aurora, Schaumburg
- Texas: San Antonio, Dallas, Houston, Austin, Fort Worth
- Indiana: Indianapolis, Carmel, Fishers
- Minnesota: Minneapolis, St. Paul, Bloomington