Property and Asset InsuranceLoss Prevention

What is loss prevention?

Loss prevention involves determining the appropriate measures to reduce or even eliminate potential losses. A sound loss prevention program can help a company significantly reduce the frequency and/or severity of losses.

Our prevention advisors are always available free of charge to guide our customers in their loss prevention efforts. With their continually updated expertise, they can give you sound advice on how to reduce the adverse effects of risk, including "risk cost."

Their recommendations will identify the most effective prevention methods and take into account all the costs involved. Our prevention advisors will be pleased to inform you on such topics as improving premises, introducing new procedures and enlarging existing structures or building new ones.

This prevention service is offered for certain business insurance products. It’s a real added value: Take advantage of it!

What is risk cost?

Risk cost is the tangible and intangible expenses associated with accidental losses.

Tangible expenses (direct expenses) include insurance premiums, administrative costs, disbursements for preventive measures and any other costs inherent in loss prevention.

Intangible expenses (indirect expenses), which can sometimes greatly exceed tangible expenses, involve the following:

• Business interruption
• Injury to a company's reputation
• Loss of key employees
• Loss of customers to the competition
• Loss of major suppliers
• Reduced market share

Payment Solutions

Choose the method that suits you best

Pay your insurance in one payment or with automatic debits, whatever works best for you!

Contact a professional

To obtain an insurance policy or get more information, please contact an AXA broker in your area.

Certain conditions may apply to the offers described above. Details of the coverage are subject to the conditions and limitations of the contract of insurance. For complete details, please speak to your broker.