{"id":1169,"date":"2025-09-25T11:53:44","date_gmt":"2025-09-25T11:53:44","guid":{"rendered":"https:\/\/safetree.in\/blog\/?p=1169"},"modified":"2026-02-06T12:32:35","modified_gmt":"2026-02-06T12:32:35","slug":"safetree-launches-report-on-insurance-surety-bonds-in-india-and-ai-underwriting-tool","status":"publish","type":"post","link":"https:\/\/safetree.in\/blog\/safetree-launches-report-on-insurance-surety-bonds-in-india-and-ai-underwriting-tool\/","title":{"rendered":"SafeTree Launches Report on Insurance Surety Bonds in India and AI Underwriting Tool"},"content":{"rendered":"<h2>Launch of &#8220;Insurance Surety Bonds in India: From Policy to Practice and SafeTree AI Tool\u201d<\/h2>\n<p>It was a proud moment for <a href=\"https:\/\/safetree.in\/\">SafeTree<\/a> to launch its report &#8216;Insurance Surety Bonds in India: From Policy to Practice and SafeTree AI Tool&#8217; during workshop &#8216;Implementation of Insurance Surety Bonds and e-BGs&#8217; organised by National Highways Authority of India (NHAI), held in New Delhi. The report was released by Mr Rajendra Kumar, Member, Finance, NHAI, Nilesh Sathe, Ex Member, IRDAI, and Mr Ashish Kumar Singh, CGM (Finance), NHAI.<\/p>\n<p><!--more--><\/p>\n<p>The report provides a comprehensive analysis of the <a href=\"https:\/\/safetree.in\/surety-bond\">insurance surety bond<\/a> market in India\u2014tracing its regulatory evolution, benchmarking international models such as those in the United States and Brazil, and proposing actionable solutions to address gaps in underwriting capacity, contractor credit data, and operational scalability in India.<\/p>\n<p>The event also highlighted SafeTree\u2019s AI-based underwriting tool, designed to assist insurers in evaluating unrated MSME contractors using a composite of financial, sectoral, and project-specific data. This initiative aims to reduce the time taken by Insurance companies to analyse contractors\u2019 data and bridge the information gap that often limits the issuance of bonds to only large, rated contractors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Launch of &#8220;Insurance Surety Bonds in India: From Policy to Practice and SafeTree AI Tool\u201d It was a proud moment for SafeTree to launch its report &#8216;Insurance Surety Bonds in India: From Policy to Practice and SafeTree AI Tool&#8217; during workshop &#8216;Implementation of Insurance Surety Bonds and e-BGs&#8217; organised by National Highways Authority of India [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[122],"tags":[123,141,140],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SafeTree 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