During the Covid-19 crisis, we are following UK Government guidance to keep our employees safe and look after our valued clients. Read our articles on support for your business.

You can also help us help your fellow businesses - as well as your favourite charity - at this difficult time by recommending us to someone you feel would benefit from our insurance.

Performance Bonds

01615 168 661

Towergate has been providing Performance bonds for over 10 years. Performance Bonds are financial instruments of Guarantee.

They are usually used to provide a guarantee to one company, (the Beneficiary), against another (the Principal) defaulting on its contractual obligations. Many principal contractors now require a performance bond from their sub-contractors before awarding them a contract.

We offer a confidential and personal service, usually involving a Client visit to get the best supporting information and ensure you get the right terms or even to set up an ongoing facility. 

Types of Performance Bonds include:

  • Performance
  • Retention
  • Advance Payments
  • Road and Sewer
  • Restoration
  • Duty Deferment
  • VAT Guarantee

Contact our Nationwide specialist broker in Manchester

5th Floor, 3 Hardman Square, Spinningfields, Manchester, M3 3EB


Coronavirus (Covid-19) – Update for Towergate customers

During the COVID-19 Coronavirus crisis, we want to reassure our customers and partners that we are following UK Government guidance,
and as a result our national offices are closed to both safeguard the health of our employees and our ability to look after our valued clients.
Where possible, our employees are working from home and we are still fully able to support with renewals, new cover requirements and
claims guidance and support. This includes giving our colleagues the ability to work from home or alternative locations,
which we hope will limit the disruption and enable you to speak to us for advice and support should you need it.
Read more