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Surety

Surety solutions

Zurich’s expertise comes from our extensive network of regional underwriters who can assess your surety bond needs. Zurich helps meet the specific needs of international and nationally based construction firms, as well as financially viable local contractors and commercial entities.

Why Zurich?

Zurich surety helps your business succeed by offering:

  • Underwriters with meaningful authority in our regional offices across Canada, as well as access to our Group member underwriters in the U.S.
  • Experienced contract and commercial surety underwriters who manage surety risks of various sizes.
  • Surety capacity of $2 billion or more to qualified customers.
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Solutions for surety

Contract surety

Zurich provides qualified construction companies with a wide variety of contract surety bonds. The businesses range from small to large firms performing public works projects, as well as private construction projects.

Types of contract bonds:

  • Bid bonds
  • Performance bonds
  • Labour and material payment bonds
  • Prequalification letter
  • Agreements to bond
  • Supply bonds and more
Public-private partnerships: We also provide an innovative surety solution for the fast growing public-private partnership (PPP) market. Our PPP performance bonds help meet the unique needs of PPP contractors delivering large infrastructure projects in North America.

Commercial surety

Zurich specialists understand the breadth of surety risks and have designed solutions tailored to the needs of large and regionally based companies.

Types of commercial bonds:

  • Licence and permit bonds
  • Court bonds
  • Customs and excise bonds
  • Lost document bonds
  • Mining and reclamation bonds
  • Environmental surety bonds and more

Zurich’s commercial surety approach includes:

  • Account-based commercial surety: Zurich offers meaningful surety capacity and underwriting insights to multinational and regionally based companies that require large individual bond capacities or many bonds in multiple regions.
  • Transactional commercial surety: Zurich’s transactional based segment is designed for qualified customers who require a limited number of surety bonds each year.

International surety

Surety bonds are an integral need for growing companies. Companies headquartered outside of Canada and the U.S. may need guidance on effectively bonding their large scale obligations and construction projects. Indemnity agreements need to account for unique legal aspects in Canada and other countries. Surety for internationally-based customers require a deep understanding of the construction marketplace, the associated risks of each local market, and ways to manage and mitigate those risks to achieve success for the customer and the surety.

With one of the largest global networks in the industry, Zurich is one of the leading providers of surety capacity to internationally-based customers. We work with a team of international surety underwriters to provide contract and commercial bonds to companies in Canada, the United States and many other countries.

Zurich’s international network of licensed insurers offer surety bonds in 23 countries in the Americas, Europe and Asia-Pacific, helping our customers in the growing, vibrant international construction arena.

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