About TGS

Who we are

Trade Guaranty + Surety Limited (TGS) is a commercial surety bond provider operating across Australia and New Zealand. TGS underwrites retention bonds for subcontractors in the construction sector, helping contractors release tied-up retention capital through commercial surety undertakings.

How we distribute

TGS distributes exclusively through authorised brokers in the National Credit Insurance (NCI) and Steadfast Group broker networks. All bond applications are originated and managed through your introducing broker. TGS does not accept direct applications from contractors.

If you do not have an existing relationship with an NCI or Steadfast broker, contact NCI directly to be connected with an authorised broker in your area.

Our approach

Every TGS bond is backed by a credit assessment of the contractor, director personal indemnities from all company directors, and — where the credit assessment requires it — property-backed security. TGS underwrites creditworthiness as a secured lender. We do not issue bonds speculatively.

All TGS bonds are reinsured, providing security of payment to Beneficiaries for the life of each bond.

Legal and regulatory

TGS products are commercial surety undertakings, not insurance. Bond services in Australia are facilitated via NCI (AFSL 233817). TGS is registered with ASIC as a foreign company operating in Australia.