A i Surety Bonding
- 38 Greensboro, 2nd Floor
- Etobicoke, Ontario
- M9W 1E1
- Phone: (416) 484-4545
- Fax: (416) 900-0322
- Website
Description
The “AAA” is the largest full-service ADR provider in the America. They assists in the design and implementation of ADR systems for corporations, unions, government agencies, law firms and the courts. They also administer mediation, arbitration, and dispute review boards.
Think of Surety Bonding as a money-back guarantee. If you’re a developer planning a construction project, surety is the financial guarantee that the construction company will build your development as specified in the contract. If your company is entering into an obligation with a governmental agency or bureau, a private entity, or a federal, provincial, or local court, surety gives that entity piece of mind that you’ll fulfill the obligation as contractually promised. Surety can assist in guaranteeing just about any obligation that your company can find itself entering into.
A Surety Bond is a guarantee that a company or individual will deliver on a specific obligation. That individual or company is the Principal , and if the principal doesn’t meet the obligation of the contract, than the beneficiary, known as the Obligee , may make a claim. The third party of a deal is the Surety . This is the company that will be paying up on that guarantee if the principal doesn’t follow through as expected.
Ai Surety Bonding prides itself in being a leading surety bond broker in Canada. We are the Surety Bonding Experts - servicing Canada, USA and abroad. As a proud member of the Surety Association of Canada , and by partnering with the best surety companies in the industry, our primary aim is to surpass our clients' expectations, each and every time.
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