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Capital Administration Services Inc.

Capital Administration Services Inc. (CASI) is an experienced funds control company serving the surety bond needs of the Canadian construction industry exclusively through Northbridge Insurance. CASI serves as an intermediary between the project owner and contractors, ensuring that those who supply labour and materials are paid out of contract proceeds. They maintain all project funds in trust at a Canada Deposit Insurance Corporation (CDIC)-insured financial institution.

CASI is your independent business partner for funds control.

When doing business with CASI, you can expect:

Unique expertise

We have provided risk mitigation services to clients across thousands of projects ranging in value from $50,000 to over $20,000,000.

Timeliness

We provide dedicated disbursement representatives with deep construction industry expertise. With a target 48-hour turnaround time, our team of experts can quickly analyze and execute payment directions.

Easy transactions

We do the work. Payment monitoring is provided from project inception to completion. We evaluate each draw request so that contract proceeds are matched to corresponding contract disbursements and any change orders.

Financially strong partner

CASI is wholly owned by Northbridge Financial Corporation, which, through its regulated insurance affiliates, is rated A by A.M. Best, A- by Standard & Poor’s and A3 by Moody’s.

Value-added services

We provide ongoing support for your operations and finance teams. Our clients are provided access to proven proprietary project cost and schedule control reporting.

Contact

Capital Administration Services Inc.

105 Adelaide St. West
Suite 700
Toronto, Ontario
M5H 1P9

To find out more, contact CASI at:

Tel: 647.965.9647 or 1.844.798.5084
iqbal.bhinder@nbfc.com

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Alert to our Customers – Canada Post strike

To avoid disruption in your insurance coverage in the event of a possible Canada Post strike, we ask that you pay your premium using online banking or contact your broker about alternate payment methods.

For inquiries about any in-progress claims, please contact the adjuster handling your claim.
Northbridge Insurance

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