The Industrie des assurances multiirisques (IAM) is a vital part of the Canadian Economy. It takes on risk at a cost-effective price for both businesses and individuals, insuring their future policy. It covers almost all insurance divisions, ranging from assurance-vie through assurance-maladie. It also offers an array of combination products for every type of assurance. A multi-specialist industrial insurance policy shields your assets from all threats.
This industry is a beehive of activity, and provides services to nearly 28 million insured consumers. The industry is regulated by both provincial and federal authorities. It also has a number of international and domestic insurers. In 2013, the industry was worth 92 billion dollars and was comprised of 107 insurers. One of the largest companies is SSQ Groupe Lender, and it employs a staff of over three thousand people.
Before they can offer their products in Canada insurers who offer this type of insurance are required to meet capital and specialized requirements. At present, the domestic insurers control 35% of the market. The remaining 8% is held by international insurers.
A Click This Link contract of industrial multiassurances could be an excellent choice for businesses as it can help them recover after disasters and accidents, while also safeguarding their investment in professional assets. It covers fixed charges as well as production losses, and other things. This type of insurance differs from a standard insurance plan and you must be sure to read the fine print prior to purchasing.