The fully automated surety bond platform. A bond for anything — 10,000 types, all 50 states, most issued in under 2 minutes. Acquired by Arch in 2024 with A+ carrier backing.
Propeller Bonds was founded in 2020 with a mission to make surety bonding digital and accessible to independent agents. In 2024, Arch — rated A+ (Superior) by AM Best — acquired Propeller as their primary capacity provider and strategic partner. That acquisition validates Propeller's platform and provides the strongest possible financial backing for the bonds issued through it. Today Propeller processes up to 400 bonds per day across nearly 9,000 agency partners nationwide.
The platform offers access to more than 10,000 surety bond types across contract, commercial, and fidelity categories — with more being added each month. Most bonds under $25,000 are issued instantly, signed and sealed electronically, in under 2 minutes. For larger or more complex bonds, Propeller's underwriters handle the more complex submissions while straight-through processing handles the routine ones. The agent experience is white-labeled, meaning Options Insurance clients get the same fast, digital experience through our relationship with Propeller.
Dane Roti manages Options Insurance's Propeller Bonds relationship. Surety bonds are a niche that most independent agencies either decline or handle poorly — the complexity and variety of bond types makes them time-consuming without the right platform. Propeller solves that problem. For clients who need a bond — contractor license bond, notary bond, court bond, title bond, business license bond, or nearly any other type — Propeller almost certainly has it in their library, and Dane can issue it fast.
Why Dane says Propeller has a bond for anything — and why that matters.
Propeller's library covers virtually every surety bond type: contractor license bonds, business license bonds, permit bonds, notary bonds, court bonds, probate/estate bonds, title bonds, DMEPOS bonds, customs bonds, motor vehicle dealer bonds, and thousands more across commercial, contract, and fidelity categories. For a client who needs an unusual or specialized bond type, Propeller almost certainly has it. New bond types are added monthly. The breadth of the catalog is the single most compelling reason Dane reaches for Propeller first.
Most bonds under $25,000 are issued instantly — signed and sealed electronically, delivered in under 2 minutes. For clients who need a bond to close a contract, satisfy a licensing requirement, or meet a court deadline, that speed matters enormously. What was historically an archaic, paperwork-heavy process that could take days is now a 2-minute digital transaction. Propeller reports a 93% reduction in time-to-issue compared to traditional surety processes.
Arch Insurance acquired Propeller in 2024 as their primary capacity provider. Arch is rated A+ (Superior) by AM Best — the second-highest possible rating. For obligees (the parties requiring the bond) who need confidence in the surety company's ability to pay claims, Arch backing provides top-tier financial strength. For clients in regulated industries where surety bond quality matters, this is a meaningful differentiator from smaller or unrated surety platforms.
Dane's experience with Propeller is consistent: easy underwriting and a smooth application process. The white-labeled portal handles the entire workflow digitally — application, underwriting, payment, issuance, and delivery. No paper forms, no faxes, no waiting for underwriter callbacks on standard bond types. For the complex submissions that require human underwriting, Propeller's team handles them without creating friction for the agent.
No carrier is perfect. Here are the honest trade-offs to know about Propeller Bonds.
Propeller writes surety bonds exclusively. All other coverage needs go through our other carrier relationships.
Bonds over the $1M credit-based threshold require traditional financial underwriting. The instant-issue speed advantage applies primarily to smaller commercial and license bonds.
Propeller has been issuing bonds since 2020. Arch acquisition provides strong backing, but the operating track record is shorter than traditional surety carriers.
Here's who belongs with Propeller — virtually anyone who needs a surety bond.
"Propeller has a bond for anything — easy underwriting and a smooth application process. When a client needs a bond, I go to Propeller first. The platform is fast, the catalog is huge, and the Arch backing means the bond will hold up."
— Dane Roti, Commercial Lines Agent, Options Insurance
Already a Propeller Bonds client through Options Insurance? Here are the resources you need.
Propeller's full bond catalog — 10,000+ bond types searchable by name, industry, or state. If you know what bond you need, Propeller almost certainly has it. If you're not sure, Dane can help identify the right bond type.
For most bond placements, Dane handles the entire process digitally through Propeller's agent portal. For unusual bond types or questions about a specific requirement, Propeller's surety experts are available for support.
Propeller's digital platform for quoting, binding, and managing bonds. White-labeled for Options Insurance — the same fast, digital experience Dane uses for every bond placement.
Propeller's bonds are backed by Arch Insurance, rated A+ (Superior) by AM Best. For obligees who require confirmation of surety company financial strength, Arch's A+ rating provides the strongest possible assurance.
Dane is Options Insurance's lead commercial lines agent and primary Propeller Bonds placement agent. He reaches for Propeller first when any client needs a surety bond — the catalog covers virtually every bond type and the instant-issue process means clients get what they need fast. "Propeller has a bond for anything — easy underwriting and a smooth application process."
Tell us a little about what you need. One of our agents will follow up — usually same business day.
No obligation. We'll identify the right bond type and issue it fast through Propeller.
Tell us what bond you need — or describe the situation and we'll identify the right bond type and issue it fast.
Start Your Free Quote →The opinions expressed on this page reflect the experience of Options Insurance agents based on policies placed and client feedback received over 15 years. Individual results may vary. Options Insurance is appointed with Propeller Bonds as an independent agent. This review is not sponsored, approved, or endorsed by Propeller Bonds or Arch Insurance. AM Best, J.D. Power, and NAIC data are sourced from publicly available reports and are cited for informational purposes. Ratings are subject to change. Propeller Bonds is a digital MGA acquired by Arch Insurance in 2024. Bonds are underwritten by Arch Insurance Company, AM Best A+ (Superior). Bond availability and terms vary by type and state. Instant issue available for most bonds under $25,000. Comparison data is based on publicly available third-party research. Coverage availability and terms vary by state, risk profile, and underwriting criteria. This page does not constitute a coverage guarantee or binding commitment.