Allstar Financial Group offers a specialized surety bond program for travel agencies and travel management companies that must meet the bonding requirements of the Airlines Reporting Corporation (ARC). This ARC Surety Bond program is designed to support agencies involved in airline ticket transactions and settlement services within the United States, including both traditional storefront agencies and online booking platforms.
Overview of the ARC Surety Bond Program
The ARC Surety Bond is a critical requirement for any business that wishes to participate in the ARC settlement system. The bond ensures that travel agencies fulfill their financial obligations when issuing airline tickets and handling payments on behalf of ARC-member airlines. Allstar Financial Group, a trusted Brokerage General Agency, connects agents with strong markets for these bonds and provides expert support throughout the process.
Ideal Accounts and Appetite
This program is tailored for travel agencies, consolidators, and travel management companies operating in the U.S. that are either applying for or renewing their participation in ARC's accreditation program. Whether your client is a startup agency seeking ARC approval or an established travel business expanding operations, this bond is a required part of regulatory compliance. Allstar works with a wide range of financial profiles, including those that may require collateral support.
Coverage Highlights and Advantages
The ARC Surety Bond guarantees that the bonded agency will properly account for and remit payments due to airlines through the ARC system. Key features include:
- Coverage for financial settlement obligations between travel agencies and airlines
- Support for both brick-and-mortar and online travel agencies
- Access to multiple carriers to accommodate a variety of financial backgrounds
- Competitive terms based on financial strength and collateral availability
Underwriting Notes and Minimum Premiums
To secure a quote, applicants must submit a completed License, Permit, and Miscellaneous Bond application, which must be signed, dated, and witnessed. Financial statements are required, and collateral may be necessary depending on your client’s financial standing. Minimum premiums vary based on bond amount, financials, and underwriting criteria. Allstar’s underwriting team works closely with agents to find the best possible solution for each account.
Territories and Availability
Allstar Financial Group offers this ARC Bond program in most states, including AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI, and WY. Availability may vary depending on carrier and underwriting considerations.
Why Work With Allstar Financial Group
With access to multiple carriers and deep experience in the surety marketplace, Allstar Financial Group is well-positioned to help agents secure the ARC bonds their travel industry clients need. Their team offers responsive service, flexible underwriting, and a commitment to helping you grow your book with specialized and hard-to-place risks.
Frequently Asked Questions
What types of accounts are a good fit for this ARC Bond program?
This program is ideal for U.S.-based travel agencies, online booking platforms, and travel management companies that need to meet ARC bonding requirements to issue airline tickets.
What application materials are required to get started?
Agents must submit a completed and signed License, Permit, and Miscellaneous Bond application, along with financial statements. Collateral may be required depending on financials.
Is the bond available in all states?
The ARC Bond program is available in most U.S. states, including major markets like CA, FL, NY, and TX. Contact Allstar for state-specific availability.
Can startups or new travel agencies qualify?
Yes. Startups can qualify depending on their financial backing and ability to provide collateral. Allstar works with a range of financial profiles.
What makes Allstar Financial Group a strong partner for agents?
Allstar offers access to multiple carriers, responsive underwriting, and expertise in the surety space, helping agents place hard-to-find bonds efficiently.
Need help placing an account? Connect with a market specialist.