The Industrie DesAssurances Multiirisques
The Industrie des assurances multiirisques (IAM) is a key component of the Canadian Economy. It assumes risk at a cost-effective price for businesses and individuals guaranteeing their future insurance. It covers virtually all insurance divisions, from assurance-vie to assurance-maladie and offers many combinatorial products for all types of guarantee. A multi-specialist industrial insurance policy shields your assets from all potential threats.
This is a bustle of activity and provides its services to 28 million insured consumers. The industry is regulated by both federal and provincial authorities and has several domestic and overseas insurers. In 2013, the industry generated 92 billion dollars and was comprised of 107 insurers. One of the largest firms is SSQ Groupe Lender, and it employs more than three thousand employees.
Insurance companies that offer this kind of insurance have to meet specific and capital requirements before they can offer their products in Canada. In the present, Canadian insurers hold three-quarters of the market. The remaining 8% of the market is controlled by international insurers.
A contract of industrial multiassurances could be an ideal option for companies as it can help them recover after disasters and accidents, while also safeguarding their assets as professionals. It can cover loss of production or time fixed costs, as well as more. It’s important to note that this type of policy isn’t like a standard insurance plan, and you should take note of the fine print before purchasing it.