Travelers Guarantee is the leading provider of surety products in Canada and offers a wide variety of property and casualty insurance products and services to customers across Canada. Travelers Guarantee has continued to build on the successes of the past and embrace the future with enthusiasm. Through teamwork committed to excellence, we bring diversity of thought, perspective and greater creativity to the marketplace in offering innovative surety and insurance protection products and services to our customers:
Contract Surety
Commercial Surety
Developer Surety
Home Warranty
Title Insurance
Risk Solutions
As a wholly owned subsidiary The Travelers Companies, Inc., Travelers Guarantee has a unique position in the Canadian market. We have the benefit of access to the resources and additional capacity of The Travelers Companies, Inc., yet the local knowledge, authority and large talent pool of experienced staff to underwrite and execute the business in Canada.
The Travelers Companies, Inc. is the second-largest writer of property and casualty insurance in the United States, total assets of approximately $115 billion and No. 89 on the Fortune 500 list of largest US companies. Travelers Guarantee participates in its global surety treaties, enabling us to provide unmatched capacity and a deep base of underwriting expertise for all of our products and services.
Our goal of having the best and most knowledgeable staff in our Montreal, Toronto and Vancouver regional branches is fundamental in the way we do business. Our team is constantly striving for higher levels of underwriting excellence, building more valuable relationships with our brokers and clients and achieving more profitable results for all of our stakeholders.
Financial Strength
On May 7th, 2008 A.M. Best Company assigned Travelers Guarantee Company of Canada an issuer credit rating of A+ and affirmed the financial strength rating of A (Excellent). In a press release issued on May 7th, 2008, A.M. Best stated:
“The ratings and outlook of Travelers Guarantee Company of Canada reflect its strong capitalization, improved operating performance, excellent brand recognition and solid business profile as a specialty lines writer in the surety segment.”
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¹ Founded in 1899, A.M. Best Company is a global full-service credit rating organization dedicated to serving the financial and health care service industries, including insurance companies, banks, hospitals and health care system providers.
