The Industrie des assurances multiirisques (IAM) is an important part of the Canadian Economy. It accepts risk at a cost-effective price for both businesses and individuals, assuring their future policies. It covers nearly all insurance divisions, from assurance-vie through assurance-maladie. It also offers many combination products for every type of assurance. A multi-specialist industrial insurance policy protects your assets from all possible risks.
This industry is a beehive of activity, and provides services to 28 million insured consumers. The sector is regulated by both provincial and federal authorities. It also has a number of international and domestic insurers. It generated ninety two billion dollars in 2013, and is comprised of 107 insurance companies. One of the largest firms is SSQ Groupe Lender, and it employs a staff of more than 3000 employees.
Before they can offer their products in Canada insurers offering this type of insurance must meet capital fondements de linvestissement trieurs et agregateurs de transactions and specialized requirements. In the present, the market is controlled by local insurers, with three-quarters of the market under their control. International insurers hold the remaining 8 percent of the market.
A contract of industrial multiassurances could be a good option for businesses because it will help companies recover from natural disasters or accidents while also securing their professional assets. It will cover losses of production or time fixed charges, time or production loss, and more. It’s important to be aware that this type of policy isn’t like a standard insurance plan and you should read the fine print carefully before buying it.