Western Surety Company to acquire SGI Canada surety portfolio
Regina, SK (Sept. 4, 2025) – Western Surety Company is pleased to announce the acquisition of SGI Canada’s surety portfolio effective October 1, 2025. The acquisition aligns with Western Surety Company’s monoline surety focus, and solidifies its position as a top surety writer in Canada.
“This is an exciting day for Western Surety Company”, said President & CEO Greg Salmon. “With our dedicated surety expertise and industry leading service, we look forward to working with our existing brokers as well as several new brokers to effectively manage their surety needs.”
Over the coming days, our current brokers, as well as the many new brokers we will be welcoming to WSC, will receive further details and communication on what they can expect and how to be prepared for the October 1st transition. “WSC has invested significant resources over the past several years in improving and optimizing the bond issuance and account management processes which we are confident will lead to a seamless transition.”
Founded in 1909, Western Surety Company is the only insurance company in Canada which exclusively writes surety bonds for the construction industry, as well as a complete line of commercial surety bonds.
Canadian family owned, Western Surety Company is licensed to write surety bonds in all Canadian Provinces and Territories. Regina is the home of Western Surety Company’s corporate head office.
About Western Surety Company
Since 1909, Western Surety has built a growing business through a continual focus on our clients and our marketplace. In its first decade, our predecessor, Saskatchewan Guarantee & Fidelity Company Ltd., had already established a reputation as ‘The Bond People.’ We’re proud to say that reputation still stands today.
Western Surety Company is the only insurance company in Canada which exclusively writes surety bonds for the construction industry, as well as a complete line of commercial surety bonds.
Thanks to our clients across the country, we have become one of the largest writers of surety bonds for the Canadian construction industry. Western Surety ranks among the top ten companies nationally in premium volume and has consistently maintained one of the lowest claims ratios in the industry. For more information, visit www.westernsurety.ca.
Source: Western Surety Company
Tags: Acquisition, SGI, Surety