Quebec’s High-Value Property Insurance: How Is the Industry Coping with New Landscape?

Recently, the Journal de l’assurance ran a section entitled High-Value Property Insurance. In it, several industry professionals, working in brokerage firms or directly with insurers, share their insights into the current issues surrounding high-value property and asset insurance. 

Inflation, labour shortages, rising construction costs—these realities are driving up premiums for luxury properties and other assets and lengthening claim processing times. 

In an interview with the magazine, Marie-Pier Renaud, Client Executive at BFL CANADA, shares her experience in this area and highlights the efforts made by the entire industry to protect the quality of support offered to its clients, despite the current context.