From supply chain issues, to labour shortages, to the lasting impact of COVID-19, the Canadian construction market has faced a litany of challenges in recent times – and the right insurance cover has become more important than ever.
However, where can that insurance cover be found – one that is not just competitive on price but packed with the comprehensive features needed and a claims service that backs up the paper it is written on? It’s a quandary facing brokers across the country and they try to locate the very best service for their clients.
Now, based on their own experiences, insurance brokers have spoken in the 2025 edition of the Brokers On Construction survey.
To select the best construction insurers for 2025, Insurance Business Canada sourced feedback from insurance brokers. IBC’s research team began by conducting a survey across a wide range of brokerages to determine what brokers value in a construction insurer. The team also spoke to hundreds of brokers across the country, asking them to rate the construction insurers they had worked with over the past 12 months.
The in-depth information gathered enabled the research team to assign weighted values to each of the criteria being rated by the brokers. The quantitative results were combined with editorial panel feedback. At the end of the research period, the insurers that offered the best overall service to brokers were named 5-Star award winners.
The votes are in – and among those seen as being among the very best in the country are:
You can find out more about each company and their offerings by clicking on the links above.
In addition, to discover the full list of winners and learn more broker insights on the construction insurance market, check out the full report now.