MBC Financial has a long history of creating exceptional insurance programs for contractors across Ontario. We understand the losses that can occur in the construction industry, and we build programs that respond quickly and equitably when they do.
Our construction division is staffed by experts with years of experience dealing with all types of contractors and related industries — from general contractors and trades to heavy civil and infrastructure builders.
Coverage Highlights
- Builder's Risk Coverage
- Equipment Floaters
- Environmental Liability
- Design and Professional Liability
- Employment Practices
- Fleet Insurance
- Blasting, Shoring, Underpinning
- Contractor's Liability
- Wrap-Up Liability
- Directors and Officers
- United States Liability & Worker's Compensation
- CCDC Compliance
We Offer
- Professional advisors
- 24-hour claims service
- Tailored insurance programs
Contract Surety Bonding
Our centralized surety team provides a high level of expertise arranging surety terms for our clients. The surety team routinely assists clients with preparing the information required to obtain the most beneficial bonding facility — whether it’s first-time bonding or increasing your capacity.
All bonds are prepared by our team using powers of attorney from major surety companies. Non-standard or customized bonds are dealt with quickly and accurately, and all types of bonding are routinely underwritten.
We ensure you have access to a full line of products required to protect your interests, including:
- Bid Bond
- Surety's Consent
- Performance Bond
- Supply Bond
- Lien Bond
- Tender Bond
- Agreement to Bond
- Labour and Material Payment Bond
- Maintenance Bond
- Release of Lien Bond
Contractors' Equipment
- Coverage for rented, leased or borrowed equipment
- Replacement cost on newer equipment
- Loss of income due to loss of use of equipment
- Rental reimbursement for equipment
- Electrical damage to stationary and mobile equipment
Risk Management Services
- Loss Control Design
- Custom Policy Wordings
- Alternative Risk Financing
- Centralized Surety Team
- Fleet Safety Consulting
- Contract Analysis
- Team Approach
- Premium Finance
- Business Continuity Planning
- Customized support team for quick issuance of required documents/bonds
Let's build a program
that fits your business.
Talk to an MBC commercial advisor — no call centres, no runaround.
