The Industrie des assurances multipliirisques is an essential component of the Canadian economy that takes on low-cost risks for individuals and companies, helping them to develop policy for the future. It covers all insurance divisions, ranging from assurance-vie through assurance-maladie. It also offers a large number of combination products for every type of guarantee. A multiirisque industrial insurance policy protects your business assets from possible risks.
The industry is a bustle of activity and offers services to over 28 million insured consumers. The sector is regulated by federal and provincial authorities. It also includes foreign and domestic insurers. In 2013, the sector was worth 92 billion dollars and was comprised of 107 insurers. One of the largest companies is SSQ Groupe Lender, and it employs over 3000 people.
Insurance companies that offer this kind of coverage must satisfy specialized and capital requirements before they can offer their services in Canada. Currently, domestic insurers control 35% of the market. International insurers control the remaining 8 percent of the market.
A contract of industrial multiassurances could be an ideal option for companies as it helps businesses recover from disasters and accidents while also protecting their professional assets. It covers fixed charges as well as production losses and other issues. This kind of insurance differs from a standard insurance plan and you must study the fine print before buying.
