Bonds in general
Bonding is recognised by the UK travel industry regulatory authorities as an effective means of providing consumer protection.
There are a number of specialist bond underwriters issuing travel bonds, and our policy is to obtain the most appropriate quotation for the risk. For the larger bonds we will often organise a syndicate of insurers to share the risk.
We are able to provide quotations for the following bonds:
ATOL Bonds – Required by the Civil Aviation Authority (CAA)
ABTA Bonds – Both Retail Agents and Tour Operator Bonds
IATA Bonds – required to protect payments under BSP
Coach Company Bonds – For members of the Bonded Coach Holiday (BCH) section of the Confederation of Passenger Transport (CPT)
Irish Bonds – Provided for RoI Tour Operators and Travel Agents
Miscellaneous Bonds and Guarantees – Airline, Rail, Ferry, and National Express, etc.
Security Bonds – As a last resort, we can also provide all of the above bonds against security, whether it be cash, a letter of credit, or, where time permits, a charge against a property.