What is Property & Casualty Insurance?
Each of us owns property that is important: a car, house, apartment, motorcycle, computer, or other belongings. The sole purpose of properdy an casualty (P&C) Insurance is to protect these.
Theft, fire, accident, flooding are some of the disasters that can impact one's life or business.
Personal P&C Insurance protects one's most valuable investments, i.e., home and automobile. Business P&C Insurance covers equipment breakdown whose consequences on business sustainability could be catastrophic.
Advice from a P&C Insurance professional is essential to receive the required indemnity benefits one is entitled to in order to recover.
Fields of Specialiazation
Auto Insurance – because all vehicles registered in Canada must be insured
Home Insurance – from an apartment to a $10 million dollar house, all living spaces are entitled to protection
Business Insurance – amusement parks, yoga studios, or golf clubs, all businesses are different and their insurance needs are too
Liability – what if you make a scratch on a canvas at the museum?
Professional liability – professional error, manipulation causing damage, professionals should protect themselves
Event insurance – festivals, sporting events, film sets, etc.
Agricultural insurance – drought, flood, or hail, protection against Mother Nature is necessary
And more – boats, snowmobiles, planes, etc.
Actually, almost everything can be insured!
The P&C Insurance industry in Quebec
More than 6,000 vacant positions from 2020 to 2022 1
$11.8 billion in premium volume in 2019 2
766 employers throughout Quebec 3
32,075 employees, including 15,327 representatives certified 4 by the Autorité des marchés financiers (AMF) and overseen by the Chambre de l’assurance de dommages (ChAD)