The Industrie des assurances multiirisques is a crucial part of the Canadian economy that assumes the most cost-effective risks for people and businesses, supporting them policy for the future. It covers nearly all insurance divisions, from assurance-vie through assurance-maladie. It also offers many combinations of products for all kinds of assurance. A multiirisque, specialized industrial insurance policy shields your professional assets from all possible dangers.
This industry is a beehive of activity, and provides services to nearly 28 million insured consumers. The sector is regulated both by provincial and federal authorities, and also includes a number of domestic and foreign insurers. In 2013, the industry was worth 92 billion dollars and was comprised of 107 insurers. SSQ Groupe Lender is one of the largest firms, with a staff of more than three thousand.
Before they can offer their products in Canada, insurers that offer this kind of coverage are required to meet specific capital requirements and specialization requirements. At present, the industry is heavily dominated by Canadian insurers, with three-quarters of the market being controlled by them. International insurers hold the remaining 8 percent of the market.
A contract of industrial multiriassurances is an excellent choice for businesses because it will assist them in recovering from accidents and disasters as well as protect their professional assets. It may cover fixed charges such as production interruption, fixed costs and other issues. This type of insurance differs from a standard insurance plan and you must take a look at the fine print prior to buying.