Petrela, Winter & Associates are bond and construction insurance brokers specializing exclusively in the construction industry.
Since our inception in 1979, we have maintained our distinctive focus, providing professional bonding, insurance, and business consulting services to leading construction companies, through our office in Toronto, and our affiliate office in Montreal.
We are active in the construction industry across Canada, serving contractors from coast to coast. Our clients comprise every sector of the construction industry, consisting of general contractors, trade contractors, civil contractors, and specialty contractors and manufacturers; ranging in size from small family run businesses to very large, multi-discipline contractors with offices across the country.
Our Construction Only Focus
We are the only broker in Canada to specialize solely in construction. Our singular focus on construction gives us a level of expertise which is not commonly found in the insurance brokerage community, and puts us in a position to better understand and meet the unique needs of contractors.
Our Approach to Client Service
We are brokers, but we recognize that first and foremost we are service providers, and this is the essence of who we are and what we do. Our attitude, philosophy, and organizational structure are all aimed at providing our clients with the most responsive, reliable and personalized service available in the marketplace. We are accessible. We are prompt. We are accountable. We anticipate our clients’ needs. We make their problems our own and act with a sense of urgency. We strive to make a contribution to the success of the businesses we serve in any way possible.
Petrela, Winter & Associates was founded in 1979 by Herbert Petrela. Prior to forming PWA, Mr. Petrela held senior posts at leading Bonding Companies, latterly as Bond Superintendent of The Guarantee Company of North America, the oldest Surety in Canada, and one of the largest in the country.
At that time, it was commonplace for contractors to deal with generalist insurance brokers for their bonding (usually by default as they handled the insurances), and there was a lack of specialized bonding brokers available to contractors. Mr. Petrela recognized the value in having a qualified bond broker manage a contractor’s bonding affairs, and it was on this premise that he formed PWA. Today, almost 35 years later, the Company holds true to this founding principle.
Mr. Petrela was involved in various industry initiatives and trade associations throughout his career, including a Directorship with the Canadian Construction Association.
Gregory Petrela took over ownership of PWA in 1998, and is the present day President. The firm has grown steadily under Gregory’s leadership, while remaining true to its bonding and service oriented roots. Roy Ferreira, Vice President and Partner, joined PWA in 2004 after 10 years on the underwriting side of the business, where he held underwriting and managerial posts with two leading Bonding Companies.
Petrela, Winter & Associates is the leading privately owned bond broker in Canada, and has earned the reputation as the broker of choice amongst bonding companies and informed contractors.
It is our objective to be associated with the best contractors in their field. The size, type, and locale of our clients varies significantly and we recognize and cater to the many distinctions within the construction community. With that said, our clients also share much in common with each other, and with ourselves:
- They are hands-on.
- They are owner-operated.
- They are hard working and principled.
- They know what they are good at, and focused on doing it better than anyone else.
- General Building Contractors
- Road Builders/Paving Contractors
- Sewer / Watermain/Excavating Contractors
- Electrical and Mechanical Contractors
- Specialty & Other Trade Contractors
- ICI and Residential
- Public and Private Sector
- Design Build & Turnkey
- Joint Ventures
- Public & Private Partnerships (P3)
- Service / Maintenance