MBIA (NYSE:MBI) Inc is a financial services company specializing in credit enhancement and financial guarantee insurance for public finance and structured finance obligations. Established in 1973 as the Municipal Bond Insurance Association, the firm has evolved into a leading provider of insurance and risk transfer solutions. By underwriting and reinsuring municipal bonds, asset-backed securities, and other fixed income instruments, MBIA seeks to improve market liquidity and lower borrowing costs for issuers.
The company’s core offerings include financial guarantee insurance, surety and performance bonds, and tailored credit enhancement products. Through these services, MBIA provides investors with contractual protection against payment default, helping issuers access more favorable interest rates. Over time, the firm has expanded its capabilities to address the needs of public entities, infrastructure projects and structured finance deals, supporting both traditional and innovative financing structures.
MBIA’s operations span multiple regions, with a primary focus on U.S. public finance markets. The company also serves clients in Europe, Asia and Latin America, working alongside state and municipal governments, school districts, transit authorities, and private sector issuers. By collaborating with underwriters, financial institutions and issuers around the globe, MBIA helps facilitate the execution of large-scale capital projects and essential public works through enhanced credit profiles.
Governed by an experienced board of directors and led by Chief Executive Officer William H. Kurt II, MBIA emphasizes disciplined underwriting and rigorous risk management. The senior management team brings together professionals from across the insurance, investment banking and public finance sectors, all committed to maintaining strong capital positions and delivering tailored solutions that meet the evolving needs of both issuers and investors.
