PEDERSEN & SONS SURETY BOND AGENCY - Key Persons


Neil P. Pedersen - Shareholder

Job Titles:
  • Second Generation Owner
  • Shareholder -
Neil P. Pedersen is a second generation owner of Pedersen & Sons Surety Bond Agency, Inc. Neil began his surety career at Pedersen & Sons while in college and also worked at two other surety bond agencies. Part of Neil's unique underwriting approach was learning from three different, seasoned surety agency owners. Neil has been a part of Pedersen & Sons since its founding in 1992. When founder William Pedersen's business partner was retiring, she proposed that Neil work for her so that she could train him to take her place. Neil wanted to partner with his father and jumped at the opportunity. Neil worked during the day while studying finance. During this time, he honed his underwriting skills and became known as a go-to surety professional who quickly could solve a client's problems. In 2015, after Neil built his own book of business, he obtained equity in the company and now operates the business as an owner. Neil knows that that obtaining a surety bond can be stressful. He prides himself on his professionalism and superior surety bond knowledge so the client can devote his or her attention to the underlying case. Clients who want a superior level of service turn to Pedersen & Sons Surety Bond Agency and know that they will not have to worry about obtaining the surety bond. The firm welcomes clients that want to focus on the practice of law and preparation of legal arguments instead of performing the duties of a surety bond agent. Neil obtained his Property and Casualty License in New Jersey in 2010. He has a B.S. in finance from Ramapo College and is certified in risk management (ARM) from the Insurance Institute of America, the insurance industry's respected knowledge leader. Neil resides in Manhattan. In his free time, he explores neighborhoods in search of the highest quality rice balls, soup dumplings and gyros. Neil loves art and has memberships at the Whitney and the Metropolitan Museum. Recently, Neil started seeing operas at Lincoln Center and his favorite to date is Cavalleria Rusticana & Pagliacci.

William J. Pedersen - Founder, Shareholder

Job Titles:
  • FOUNDER
  • SHAREHOLDER
  • Founder and Shareholder -
  • Member of the Oradell Bridge Club
Bill began his career as a surety bond underwriter in 1986 and has over 30 years of surety underwriting experience. Bill followed his family's entrepreneurial path and founded Pedersen & Sons Surety Bond Agency in 1992. Bill listens carefully when an initial bond inquiry is made and asks many questions that uncover novel, creative solutions to court bond underwriting. He also saves a client's time by getting it right the first time. Over the years, Bill is proud to have helped many young law firm associates look good on cases by making the bond process smooth and error-free. Those same lawyers have continued to do business with Pedersen & Sons, now as partners, giving Bill pride in how his business has grown from referrals. Bill is certified in risk management (ARM) and surety (ASFSB ) from the Insurance Institute of America. Bill was raised in Queens, and has a bachelor's degree from New York University. He has been married for over than 30 years, has three grown sons and resides in Northern New Jersey with his wife and Standard Poodle. Bill is a member of the Oradell Bridge Club, New Jersey Football Officials Association, Northern Chapter, and volunteers as a Facilitator at Mood Disorders Support Group in Manhattan, a non-profit that supports individuals with depression and bipolar disorder, as well as their families and friends. Bill began his career as a surety bond underwriter in 1986 and has over 30 years of surety underwriting experience. Bill followed his family's entrepreneurial path and founded Pedersen & Sons Surety Bond Agency in 1992.Bill listens carefully when an initial bond inquiry is made and asks many questions which uncover novel, creative solutions to court bond underwriting and saves a client's time by getting it right the first time.