FOR IMMEDIATE RELEASE

Merchants Bonding Company Becomes Silver Sponsor of the American Subcontractors Association

Alexandria, Virginia – March 21, 2024 - The American Subcontractors Association (ASA) is pleased to announce Merchants Bonding Company as a new Silver Sponsor. This partnership demonstrates Merchants’ commitment to supporting the subcontracting community and the ASA's mission to promote the success and profitability of subcontractors in the construction industry.

Merchants, a leading provider of surety bonds, has been serving the construction industry for more than 90 years. Merchants offers a wide range of bonding solutions, a commonsense underwriting approach, and expert guidance to help subcontractors navigate the complexities of the bonding process.

"We are thrilled to welcome Merchants Bonding as a Silver Sponsor," said Richard Bright, CEO of the American Subcontractors Association. "Their expertise and dedication to the subcontracting community align perfectly with our mission, and we look forward to collaborating with them to provide valuable resources and support to our members."

As a Silver Sponsor, Merchants will have the opportunity to engage with ASA members through various events, educational programs, and networking opportunities. This partnership will also allow Merchants to share their knowledge and insights with subcontractors, helping them to grow their businesses and succeed in the competitive construction industry.

"Partnering with the American Subcontractors Association as a Silver Sponsor is a natural fit for us," said David Hewett, Merchants’ Chief Underwriting Officer. "We are committed to providing the tools and resources subcontractors need to succeed. We look forward to working closely with the ASA and its members to foster growth and profitability in the subcontracting community."

To learn more about Merchants Bonding and the American Subcontractors Association, please visit the websites below.

About the American Subcontractors Association
The American Subcontractors Association (ASA) is a national trade association representing the interests of subcontractors, specialty trade contractors, and suppliers in the construction industry. ASA advocates for the rights and interests of subcontractors, promotes fair and equitable business practices, and provides education and resources to help its members succeed. www.asaonline.com

About Merchants Bonding Company
For nearly a century, Merchants Bonding Company has honed its expertise in providing contract and commercial surety bonds, offering first class experiences and a commonsense underwriting approach. Unlike its competitors with multiple lines of business, Merchants’ focus is primarily on surety. Merchants’ unique underwriting philosophy evaluates all accounts on their own merit and places a high value on business and personal net worth. A national leader in surety, Merchants Bonding Company is among the top surety writers in the United States and has had an “A” (Excellent) rating or better from A.M. Best since 1958. www.merchantsbonding.com

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Contact
Michael Kline
Director of Communications
American Subcontractors Association
mkline@asa-hq.com