Annual Report

Delve into our company’s financials,
milestones, and partnerships.

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Stronger Through Growth

At Gray Surety, we never stop striving to better ourselves, our services, and the experiences we provide our clients. In 2024, this commitment to continual progress was robustly reflected in our performance metrics – all of which showed remarkable growth.

$70,000,000

in direct premiums

$30,019,354

from new accounts

$127,000,000

surplus

35%

premium growth

#37

ranking in Top 100

2,424

contract submissions

1,092

new contract accounts

2

new offices

How Our Progress Lines Up

Direct Premium

Millions

Surplus

Millions

Direct Premium

Surplus

Top 100 Rank

2024 37
2023 37
2022 44
2021 48
2020 51

Shaping the Future With Strength and Expertise

As we build on 2024’s achievements, Gray Surety remains dedicated to strengthening relationships and providing innovative surety solutions.

Moving Ahead

In 2025, Gray Surety will continue to provide valuable underwriting expertise and timely, dependable service to professional bond agents across the country. As always, we will adhere to sound underwriting principles that promote contractors’ best interests and protect agents’ revenue streams as well as our own.

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Discover the Gray Surety Difference

Experienced underwriters, comprehensive solutions, generous limits, and prime locations – see how working with
Gray Surety can revolutionize your business.