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Surety

Committed to excellence

We are a leading provider of surety products in Canada. Our expertise in underwriting, and risk and claims management enables us to deliver unsurpassed customer service. As a strategic subsidiary of The Travelers Companies, Inc., we have access to the unmatched capacity of the largest writer of surety in North America, and the local knowledge and authority to successfully meet the unique bonding needs of companies of all sizes – from local builders to Canada’s largest construction companies.

Focused on total account solutions

Over the years, Travelers Canada has consistently provided creative solutions, offering brokers and customers a wide range of surety and warranty products to meet all of their needs. Our team works with each account, taking the time to understand each customer’s unique needs and risks, providing uncompromised focus and dedication to delivering flexible and innovative solutions.

We’re specialists

We specialize in contract surety, commercial surety, developer surety, new home warranty and title insurance.

Contract Surety

Contract surety bonds are bonds that the government or an owner of a construction project may require a contractor to obtain. Travelers Canada is a leading contract surety provider with the capacity to handle all types and sizes of surety accounts. We have a strong commitment to the construction industry and are active members of the largest surety and construction associations in North America. Our capacity, expertise and unique perspective, set us apart. Our contract surety bonds include:

  • Bid bonds – Bid bonds afford protection to a project owner (obligee) in the event a successful bidder will not enter into a contract and will not provide the required surety bonds or other security
  • Performance bonds – Performance bonds provide protection to the obligee if the contractor defaults on its obligations under the bonded contract
  • Payment bonds – Payment bonds guarantee that the contractor will pay subcontractor, labor and material bills associated with the
    construction project

Commercial Surety

Commercial surety bonds are critical to the operations of many commercial companies. Travelers Canada’s commercial surety team has the industry knowledge and business tools to help customers assess their risk and take advantage of their commercial surety bonding opportunities. We can write on a program basis, including QuickWrite programs, and we are able to write U.S. bonds. Our commercial surety bonds include:

  • Court and judicial bonds
  • Customs and excise bonds
  • Fiduciary bonds
  • Licence and permit bonds
  • Lost instrument bonds
  • Miscellaneous bonds
  • Single trip shipment coverage
  • Waiver of probate bonds (letter of indemnity)

 Developer Surety

Travelers Canada is a leading provider of specialized surety products for new homes and related services for builders and developers across Canada. We offer bonds that are preferred alternatives to letters of credit to meet the security requirements of Tarion Warranty Corporation and certain municipalities. We also provide deposit insurance permitting purchasers’ deposits to be used to fund construction, while at the same time affording protection to purchasers against loss.

New Home Warranty

Since British Columbia’s introduction of the Homeowner Protection Act and Regulations in 1999, we've been the leading home warranty provider in the province. We continue to deliver unsurpassed customer service with our team of experienced underwriters, knowledgeable technical representatives and dedicated support staff. Travelers Canada helps provide security and peace of mind to new homeowners in British Columbia.

Title Insurance

Title insurance provides a home purchaser and their lender with comprehensive no-fault protection against title risks inherent in real estate transactions. A Travelers Canada title insurance policy guarantees that the insured owner or lender has a direct claim if the specified title risks cause a loss. And there are no requirements to prove negligence.

For more information about Travelers Canada's surety products, please contact your insurance broker or locate a Travelers Canada broker near you.

© The Travelers Indemnity Company. All rights reserved.
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