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Jack Rosenberg, Partner and PresidentRosenberg and Parker is not built like a typical brokerage. Founded in 1944, R&P is the largest independent surety-only brokerage & advisory firm in the world that prioritizes client outcomes over growth for its own sake. The firm integrates deep technical expertise with aligned incentives and disciplined execution to help clients reduce costs, unlock liquidity, and improve access to surety credit.
Operating across the U.S, Toronto, and London, it’s placed bonds across six continents while working with over 40 Fortune 500–sized companies and six of the ten largest private equity sponsors globally and supports $20 billion in bonded obligations. That track record has positioned R&P as a Top Independent Surety Broker globally. R&P has come a long way from its humble beginnings as a small broker catering to Greek, Jewish, and Italian contractors based in the heart of Philadelphia.
R&P, founded by Charles K. Rosenberg, has experienced exponential organic growth over the last five years. That growth has been shaped less by scale than by two principles Charlie instilled early in the company’s inception: integrity and a clear rejection of ego-driven behavior. Across three generations, the culture remains centered on knowledge and domain expertise grounded in a team-orientation that prioritizes firm outcomes over individual recognition.
While the company’s current size, sophistication, and level of innovation would be unrecognizable to its founder, his grandson believes there are still core values that are unmistakable. “What Charlie would recognize is the integrity, but also the level of expertise behind it,” says Jack Rosenberg, Partner and President. “We expect our people to understand clients’ businesses in detail and to take ownership of outcomes. That is what allows us to deliver consistently.”
This philosophy shapes how the company is built. Unlike large brokerages, where generalist producers control relationships while specialists remain under-incentivized, R&P prioritizes depth over breadth. The company frames this as a principal-agent problem: those who own client relationships are often not doing the technical work or sharing in the economics, which weakens outcomes. At R&P, producers with deep technical expertise who originate and grow accounts participate directly in the economics, aligning expertise, responsibility, and long-term performance. This ensures those closest to the work are accountable for results, improving underwriting quality and client outcomes.
R&P compounds its expertise through a One-Team approach. Unlike firms where producers operate independently and compete internally, every prospect call involves two producers, with one leading while the other listens. The logic is simple: someone focused on the next question cannot fully absorb the last answer; with two people, nothing is missed. The goal is not to sell, but to identify client problems and earn the right to solve them, often before they are fully surfaced internally.
The discipline extends to market engagement. R&P combines technical expertise with senior underwriting relationships, delivering fully analyzed submissions rather than raw data. Underwriters can focus on decisions instead of being bogged down with basic analysis, increasing speed and confidence. Over time, this consistency has built credibility and improved execution on complex risks.
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What Charlie would recognize is the integrity, but also the level of expertise behind it. We expect our people to understand their clients’ businesses in detail and to take ownership of outcomes. That is what allows us to deliver consistently.
This is especially evident in the private-equity and energy spaces. By emphasizing capital structure, cash flow, and the specific performance risks being undertaken by the sureties over traditional balance sheet metrics, R&P has expanded how risks are evaluated, delivering measurable outcomes in over 30 cases where traditional brokerage models fell short.
R&P takes a contrarian stance on tangible net worth, not treating it as a disqualifier, particularly when cash flow remains strong. This approach guides how it structures risk. Over the past five years, premiums have grown from $35 million to over $170 million, while maintaining a near-zero loss ratio, reflecting its underwriting discipline.
R&P’s London office opened in 2025 in response to client demand. Due to surety not being a statutory requirement, the London market evolved to view surety as a structured credit product. The hiring of Mark Holt, Adrian Luto, and Howard Gibbs has strengthened R&P’s credibility and execution across Europe.
Looking ahead, the company remain focused on delivering value through expertise, innovation, integrity, and service. These are the four pillars on which the company was founded and built, and they continue to guide R&P through its more than 80 years in business.
Precision, Alignment And Expertise in Surety Brokerage
Executives evaluating independent surety brokers confront a market where technical depth and execution discipline often sit apart from client ownership. Large brokerage models distribute responsibility across generalist producers and specialist teams, which can dilute accountability at the point where risk is structured and presented. This fragmentation becomes visible when complex bonding requirements emerge, particularly where underwriting judgment must extend beyond standard financial metrics. In such cases, outcomes depend less on access to markets and more on how effectively a broker interprets a client’s business, translates that into credit terms and sustains consistency across thousands of transactions.
A more effective approach centers on aligning expertise, incentives and client outcomes within the same point of responsibility. When the individuals structuring a surety program also own the relationship and share directly in its long-term performance, decision-making tends to sharpen. This alignment creates a feedback loop where execution quality, not volume, determines success. It also encourages deeper industry specialization, enabling brokers to engage underwriters with context that goes beyond surface-level financials. The ability to frame risk in a way that expands underwriting appetite often determines whether a client gains access to capacity, reduces cost or unlocks liquidity tied up in letters of credit.
Consistency in execution remains equally critical. Surety is not a static placement exercise but an ongoing process involving continuous bond issuance, negotiation and adaptation to new obligations. High-performing brokers distinguish themselves through reliability at scale, ensuring that routine transactions are handled with precision while retaining the flexibility to respond to novel requirements. This balance between repeatable execution and adaptive problem-solving shapes the client experience over time, particularly for organizations managing large volumes of bonds across multiple jurisdictions.
Proactivity also separates leading firms from transactional intermediaries. Rather than waiting for clients to surface issues, effective brokers identify structural inefficiencies in advance, whether in capital allocation, covenant design or market positioning. This forward-looking posture requires a combination of analytical capability and market credibility. Underwriters respond differently to submissions that reflect deep understanding, allowing them to move quickly from evaluation to decision. The result is not only faster execution but also more favorable terms, as clarity reduces perceived risk.
Integrity plays a quiet but decisive role in this process. Transparent communication with both clients and surety markets builds long-term trust, which becomes particularly valuable when navigating periods of financial stress or unconventional structures. Brokers that prioritize accuracy over short-term advantage tend to maintain stronger relationships, enabling them to advocate more effectively on behalf of clients when it matters most.
Within this framework, Rosenberg & Parker stands out through its specialist focus on surety and its alignment of expertise with client outcomes. It is focused on this discipline, ensuring that those managing relationships also possess deep technical knowledge and direct economic interest in performance. This structure contributes to consistent execution across large bond volumes while enabling tailored solutions that expand what the market is willing to underwrite. Its proactive engagement with both clients and surety markets allows it to structure transactions that reduce costs, release liquidity and improve access to credit. Combined with a longstanding emphasis on integrity and trust, it offers a level of execution consistency and long-term client continuity that aligns closely with the demands of complex surety programs.
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Independent Surety Brokers Info
Q1
What Should Businesses Understand About Independent Surety Brokers?
Independent Surety Brokers help businesses secure bond capacity without tying the discussion to a single carrier’s appetite or a broad insurance sales agenda. The work is technical: contract obligations, balance sheets, collateral, project risk, ownership structure and bond wording all matter. A strong broker translates those details into a surety submission that gives underwriters confidence while helping clients preserve capital, meet bid requirements and move through complex obligations with fewer surprises.
Q2
How Does Rosenberg and Parker Approach Surety Brokerage?
Rosenberg and Parker works as a surety-only brokerage, which gives its team a narrower and deeper field of focus than a general insurance broker. Founded in 1944, it has built its practice around surety bonds, advisory work and long-term bond program support. That concentration matters because Independent Surety Brokers often have to explain complicated credit, collateral and guarantee questions in a way that both clients and underwriters can act on.
Q3
Why Does Independence Matter in Surety Placement?
Independence matters because surety placement is rarely a one-size decision. Independent Surety Brokers can compare appetite, structure and capacity across markets rather than steering a client toward a limited internal product set. For businesses, that can affect how quickly a bond is placed, how much collateral is required and whether the surety program can grow with larger contracts, new geographies or more demanding obligee requirements.
Q4
What Types of Problems Can a Surety Broker Help Solve?
Bonding issues often surface when a company is bidding, expanding or facing new contract terms. Independent Surety Brokers can help organize financial statements, clarify backlog, explain project history, discuss indemnity terms and prepare underwriters for unusual risks. A weak submission can slow approval or create unnecessary collateral pressure. A careful broker keeps the discussion focused on credit strength, contract performance and the practical reason the bond is needed.
Q5
What Makes Rosenberg and Parker Relevant for Complex Surety Needs?
Rosenberg and Parker is known for focusing entirely on surety rather than treating it as one line inside a larger insurance menu. Its work extends across contract and commercial surety needs, with practice depth in areas such as construction, energy and financial sponsors. Independent Surety Brokers with that kind of focus can help clients think beyond a single bond and consider how a broader program supports growth, liquidity and market access.
Q6
How Should Companies Evaluate Surety Brokerage Support?
Companies should look closely at how a broker prepares submissions, communicates with underwriters and handles changes after the first bond is issued. Independent Surety Brokers should be able to explain bond structure, collateral tradeoffs, surety appetite and timing in plain business terms. A useful test is to review a real contract, financial package or renewal scenario and ask how the broker would improve the path to approval.
