The Industrie des assurances multiirisques (IAM) is an important part of the Canadian Economy. It takes on risk at a low cost for both businesses and individuals, ensuring their future policy. It covers almost all insurance divisions, from assurance-vie to assurance-maladie and offers numerous combination products for every kind of assurance. A multi-specialist industrial insurance policy shields your assets from any potential threats.
The industry is a hive of activity that provides services to over 28 million insured consumers. The industry is regulated by federal and provincial authorities and has several domestic and overseas insurers. In 2013, the sector was worth 92 billion dollars and was comprised of 107 insurers. SSQ Groupe Lender is one of the largest firms with a workforce of more than 3000.
Before they can sell their products in Canada, insurers that offer this type of insurance are required to meet capital and specialized requirements. In the present, the market is dominated by domestic insurers, with three-quarters of the market under their control. International insurers hold the remaining 8% of the market.
A contract of industrial multiassurances is an ideal option for companies as it helps them recover after disasters and accidents while also protecting their business assets. It may cover fixed charges such as production interruption, fixed costs and other issues. It’s important to note that this type of policy is not the same as an insurance policy that https://edfpartenaires.fr/virtual-data-room-business-common-solution-for-storing-and-sharing-sensitive-corporate-information is standard, and it’s essential to take note of the fine print prior to purchasing it.