The Industrie des assurances multirisques a crucial part of the Canadian economy, which takes on low-cost risks for individuals and companies, assisting them in establishing policies for the future. It covers almost all insurance divisions, ranging from assurance-vie to assurance-maladie, and offers an array of combinatorial products for all types of assurance. A multi-specialist industrial insurance policy safeguards your assets from all potential dangers.
This industry is a beehive of activity that provides services to over 28 million insured consumers. The industry is regulated by provincial and federal authorities. It also includes foreign and domestic insurers. In 2013, the industry produced 92 billion dollars, and was comprised of 107 insurers. SSQ Groupe Lender is one of the largest companies with a workforce greater than 3000 employees.
Insurance companies that offer this kind of coverage must meet specialized and capital web requirements before they are able to offer their services in Canada. 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% of the market.
A contract for industrial multiassurances could be an ideal option for companies because it will help companies recover from natural disasters or accidents while also securing their business 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 kind of policy isn’t like a standard insurance plan and it’s important to read the fine print carefully before purchasing it.