Surety insurance continues to consolidate in 2026 as a guarantee tool increasingly used by Spanish companies, especially in sectors linked to construction, infrastructure, renewable energies, and public procurement.
Forecasts indicate that this modality will continue to grow at a faster rate than bank guarantees, driven, among other factors, by the digitalization of processes and more agile guarantee management.
The increase in projects and tenders is generating a greater need for bid, performance, advance payment, and execution guarantees.
Furthermore, the expected activity in the Spanish real estate market during 2026 reinforces the opportunities for this type of solution, especially in areas such as residential, hotel, logistics, and infrastructure.
The renewable energy sector continues to be one of the markets with the greatest potential for surety insurance.
Energy projects may require different types of guarantees related to connection points, construction, supply, project execution, or fulfillment of contractual commitments.
Companies that regularly participate in tenders and bids from Public Administrations need to present guarantees to back certain contractual obligations.
In this context, surety insurance can become an alternative to bank guarantees and allow companies to keep their financing lines available for other business needs.
Surety also applies to operations related to customs, tax obligations, and foreign trade.
For companies with international activity, there are solutions designed to guarantee certain economic or contractual obligations arising from their operations.
Among the sectors where surety insurance presents the greatest opportunities are:
One of the main arguments in favor of surety insurance is its ability to offer guarantees to third parties without necessarily resorting to the company's bank lines.
In commercial terms, the idea can be summarized simply:
“You don't need to use your bank line to guarantee your contracts.”
This feature can make surety particularly interesting for companies that need to provide guarantees recurrently and, at the same time, want to preserve their bank financing capacity.
In Spain, companies like CESCE currently offer specific surety insurance solutions, complementary to other products related to credit and business internationalization.
The growth in tenders, investment in infrastructure and renewables, and the search for financing alternatives suggest that surety insurance will continue to gain importance within companies' financial and commercial strategies during 2026.
