About Us
At Phillips Schroeder Surety we believe placing bonds should be easy, never complicated – so we put our clients at the heart of what we do. We pour our years of experience into providing you with the best service and access to the best price on the market, every single time.
Why We Exist
After more than 10 years working in the surety market, we found that it was difficult to find a broker that added value and really, truly put their clients first. Instead, placing a bond was complex, time-consuming and it was all too easy to pay over the odds.
We wanted to change that, so we flipped the script and created a service that puts clients at the heart of everything we do – from demystifying their first bond through to long-term, cost-saving bond strategies that make sure everyone goes home happy.
How We Do Business
We believe in a surety solution built on integrity, ingenuity and the power of expertise. This is how we put it into practice so it works for you:
Bespoke Strategy
Our 10+ years of specialist experience allows us to tailor the best possible surety strategy for your business – no-one else’s.
Fair Pricing
We guarantee you the best rate available and take you through your options with full transparency, so you can make an informed decision.
Fast Responses
Our people are productive, never overworked: so they can give you faster access to quotes, wording reviews and bond issuances, as quickly as you need them.
Personalised Service
Each of our clients has a dedicated account manager, so they can build an in-depth understanding of your business needs. It’s a relationship that will last for as long as you work with us.
Who We Are
Meet the team delivering your personalised service
Rick Phillips
Managing Director
Rick lives and breathes the surety market, having joined Allianz on their management trainee scheme in 2008 after graduating with a degree in Business and Law. Rick then progressed successfully to become Senior Underwriter at Euler Hermes where he spent nine years, culminating in the management of the Surety needs of over 200 large corporate clients. During his tenure, Rick identified a clear gap in the market for a truly client-centric brokerage, and thus PSS was born. Conceived in 2017, the business has grown steadily to the point PSS now issues bonds which cover over £2bn of contracts each year. This is in no small part thanks to Rick’s meticulous attention to detail in understanding the surety market, enabling him to seamlessly manage his client’s bond facilities, ensuring that capacity is optimised, cost is minimised and the administrative burden of the bond management process is taken away from his clients, freeing up Senior Management time to focus on other priorities.