The Industrie des assurances multiirisques is an essential part of the Canadian economy that is responsible for assuming risk that is cost-effective for individuals and businesses, supporting them policies for the future. It covers almost all insurance divisions, from assurance-vie to assurance-maladie, and offers many combination products for every kind of guarantee. A multiirisque industrial insurance policy shields your professional assets from all possible risks.

The industry is a bustle of activity, and it offers services to more than 28 million insured consumers. The sector is controlled by federal and provincial authorities, and comprises a variety of foreign and domestic insurers. In 2013, the sector was worth 92 billion dollars and was made up of 107 insurers. SSQ Groupe Lender is one of the largest companies with a workforce greater than 3000 employees.

Insurers who offer this kind of insurance must meet specific and capital requirements before they can offer their products in Canada. At present, the industry is dominated by national insurers with three-quarters of the market being controlled by them. International insurers hold the remaining 8% of the market.

A contract for industrial multiassurances could be an excellent choice for businesses as it helps them recover after disasters and accidents while also protecting their investment in professional assets. It will cover fixed costs as well as production losses as well as other things. It’s important to remember that this type of insurance isn’t the same as an insurance policy that is standard, and it’s essential to be sure to read the fine print before purchasing it.

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