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The Industrie des assurances multiirisques (IAM) is a key component of the Canadian Economy. It takes on risk at a reasonable cost for both businesses and individuals, ensuring their future policy. It covers all insurance divisions, from assurance-vie through assurance-maladie, and offers a broad range of products that can be combined to meet every guarantee. A multi-specialist industrial insurance policy safeguards your assets from any potential dangers.
This industry is a hub of activity, and provides services to 28,000,000 insured consumers. The sector is regulated both by federal and provincial authorities, and also includes a number of international and domestic insurers. It generated ninety two billion dollars in 2013, and is made up of 107 insurance companies. SSQ Groupe Lender is one of the largest companies with a workforce of more than 3000.
Before they can offer their products in Canada insurers offering this type of coverage must meet capital and specialized requirements. In the present, the market is dominated by domestic insurers, with three-quarters of the market under their control. International insurers control the remaining 8% of the market.
A contract for industrial multiriassurances makes a great choice for businesses, as it will assist them in recovering from accidents and disasters as well as protect their assets as professionals. It covers fixed charges such as production interruption, fixed costs and other issues. This type of insurance is different from a standard insurance plan and you should take a look at the fine print prior to purchasing.