Novum Canada Launches SuretyPro
- tdebos
- 5 days ago
- 1 min read
Toronto, ON – Novum Underwriting Partners is pleased to announce the launch of its comprehensive surety program, SuretyPro. This program offers coverage across Canada and provides brokers with access to contract and commercial surety, and specialty surety products. Currently placing business in British Columbia, Alberta, Manitoba, and Ontario, with additional provinces to follow, Novum delivers national capacity backed by insurers rated A- or better by AM Best.
Novum's surety program features delegated underwriting authority from its carrier partners and its proprietary system, Novum Online, to speed the process of underwriting, enabling competitive pricing and efficient turnaround times for construction bonds, development bonds, litigation bonds, and commercial surety products.
The launch of the surety division expands Novum's portfolio of specialized insurance solutions, reinforcing the company's commitment to providing innovative coverage options across diverse sectors.
Please note this program is not currently available in the United States.
For more information about SuretyPro, please contact:
Steve Brown
Robert Chiarantano
Additional details: https://www.novumuw.com/suretypro
About Novum Underwriting Partners
Founded in 2019, Novum Underwriting Partners is a managing general agent and pioneering InsurTech company that leverages advanced technology and data-driven solutions. With a focus on efficiency, transparency, and exceptional customer service, Novum provides innovative insurance programs across various sectors. In 2026, Novum expanded its operations to Canada, bringing its innovative approach to the Canadian insurance and surety marketplace.