The Industrie DesAssurances Multiirisques
The Industrie des assurances multiirisques (IAM) is a significant part of the Canadian Economy. It is a risk-taking company at a reasonable cost for businesses and individuals, guaranteeing their future insurance. It covers all insurance divisions from assurance-vie to assurance-maladie, and offers a broad range of combined products to meet every guarantee. A specialized multirisque industrial insurance policy protects your professional assets from possible dangers.
The industry is a bustle of activity, and it provides services to 28,000,000 insured consumers. The sector is regulated by both provincial and federal authorities. It also includes several international and domestic insurers. In 2013, the sector was worth 92 billion dollars and was comprised of 107 insurers. One of the largest firms is SSQ Groupe Lender, and it employs a staff of more than 3000 employees.
Before they are able to sell their products in Canada insurance companies that offer this type of coverage are required to meet specific capital requirements and specialization requirements. At present, domestic insurers control a majority of the market. The remaining 8% of the market is controlled by international insurers.
A contract of industrial multiassurances can be an excellent choice for businesses because it will help businesses recover from disasters and accidents while also protecting their investment in professional assets. It will cover the loss of time or production fixed charges, loss of time, and more. This type of insurance differs from a standard plan and you must be sure to read the fine print prior to buying.