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INNOVATIVE CREDIT INSURANCE SOLUTIONS FOR CANADA’S LARGEST COMPANIES.

Our Business

A specialized alternative to large credit brokerage firms.

Jaimac Risk Management Inc. was founded by Paul Turner in 2005 as an independent insurance brokerage for large companies with unique risk mitigation needs. We represent a corporation’s credit insurance programs with the same level of expertise that is applied to all other facets of a firm’s financial structure.

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We do not follow a typical brokerage model. We are able to assess the broader aspects of risk management without the constraints of a standardized approach.

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Risk mitigation and credit insurance is our sole line of business, not an add-on to a larger suite of services.

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Our collaborative, involved approach allows Jaimac to tailor programs to a company’s specific needs.

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We assist in all aspects of the risk mitigation strategy to deliver greater value to our clients.

Advisors:

Paul Turner, President

Paul Turner, President

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John Peters, Principal

John Peters, Principal

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Paul Turner — In 2005, Paul Turner founded Jaimac Risk Management Inc. to offer highly specialized advisory services in the areas of risk policy, risk assessment design and portfolio decision-making. With over two decades of experience, Paul saw a gap in the service offering of traditional credit risk and insurance providers. Jaimac was launched to fill that gap. Since then, Paul has built a solid reputation as an innovative and trusted advisor to the power, oil and gas, and resource extraction sectors.  Prior to founding Jaimac, Paul worked in senior positions at Export Development Canada and CDIC as well as in the private sector in the finance and risk assessment area.  Paul is a generous supporter of community organizations and initiatives, such as running an annual charity event for Ottawa’s largest homeless shelter and serving as volunteer President of Club Mont Ste. Marie, a local alpine ski-racing club for athletes aged 7 – 17.

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John Peters — With his vast experience in negotiating and drafting export credit insurance instruments and other trade finance agreements, John offers highly specialized guidance and expertise to Jaimac clients.  With over 20 years experience as legal counsel, John has extensive knowledge of insurance and liability related issues including coverage obligations and recovery rights. Prior to joining Jaimac, John was Principal Litigation Counsel with Export Development Canada. Before that, John practiced civil litigation in the area of insurance defense. In 2006, John was awarded the Carleton County Law Association’s Gordon F. Henderson Award, for his charitable work with Shepherds of Good Hope, an Ottawa charitable organization. John continues his work with Shepherds today, serving on the organization’s Board of Directors.

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HOW WE WORK

Jaimac delivers tailored solutions. There’s no vanilla in our world.

This is markedly different from the – one size fits all – approach of other insurers. We work in partnership with our clients to find the right solution, the product, and the right fit with respect to insurance providers.

 

Our process is broken down into three phases:

Why Jaimac?

Most brokerages view credit insurance as an add-on to their core product offering. Credit and risk insurance is our only line of business.

Our sector specific expertise is unparalleled in the industry. We are a recognized global authority on innovative credit and receivable risk mitigation structures for the power, oil and gas and resource extraction sectors. We are large enough to deliver sophisticated solutions but sized right to offer greater customization, insight, care and attention for each client.

 

Our unwavering dedication to bring value to our clients is summed up as follows:

1
We do not view credit insurance as path to access a company’s other insurance requirements. Our entire service offer is based solely on the execution of strategies that allow our clients to get the best credit coverage, at the best price, with the best service.

FOCUSED

2
We have more than 25 years in risk management and 20 years in the credit insurance industry. Jaimac has been an integral part of some of Canada’s most complex policies. This knowledge translates into a breadth and depth of understanding of client needs that is unmatched in our industry.

KNOWLEDGEABLE

3
As an employee owned, independent brokerage, our only stakeholder is our client.

INDEPENDENT

4
We are constantly pushing for better structures from insurance providers to enhance the value proposition for our clients.

RESULTS ORIENTED

OUR CLIENTS

INDUSTRY EXPERIENCE

With over two decades of experience in the industry, Jaimac has solidified its reputation as a leading authority and advisor to firms in the power, oil and gas and resource extraction sectors.

 

The strength of our underwriting, analysis and sector knowledge, enables us to continue to push the boundaries and support innovation in the credit insurance industry.

We provide expertise and guidance in the following areas:

Risk Policy — We assist our clients in the design of risk policies that consider current theory and best industry practice.

 

Risk Assessment Design — The determination of which variables to focus the analysis on is often a difficult process. By assisting in the design process and ongoing review, we can properly advocate on behalf of our clients to close gaps that exist between the decided option and the solutions provided by the insurer.

 

Portfolio Decision Making — Since the advent of modern portfolio theory in the 60’s, the financial industry has continued to develop its thinking on how best to optimize the portfolio decision. We help our clients challenge conventional financial precepts by explicitly recognizing the benefit their insurance program brings to the portfolio decision.

SPECIALIZED EXPERTISE

Nearly 100% of Jaimac’s client base is in the power, oil & gas, and resource sectors.

In fact, we are Canada’s largest independent brokerage serving these sectors. Jaimac is regarded as the leader in defining structures that meet the unique needs of our client’s risk mitigation programs. Our deep knowledge of these sectors has enabled us to design solutions that were previously thought to be not feasible.

Power

Protect against market volatility.

 

Jaimac is a recognized expert in managing forward risk and developing innovative protection strategies in the power sector for both the Commercial and Industrial market and the Wholesale market. We are the established leader in integrating mark to market coverage, both physical and financial, in the power market. Many insurance providers are not able to offer such specialized coverage. It’s crucial to know who can and cannot. If your organization is considering putting a mark to market policy in place, Jaimac can help your firm find the right fit with the right coverage.

Oil & Gas

Leverage the risk.

 

Oil and gas firms carry large receivable risk exposures. Depending on where a firm operates within the sector – downstream, midstream or upstream – can significantly impact the level of exposure and risk. Within the oil and gas sector, one size does not fit all. Credit risk solutions need to be tailored to meet the unique needs of your company. Understanding these differences is critical to knowing what the “right” approach might be.

Oil & Gas

Leverage the risk.

 

Oil and gas firms carry large receivable risk exposures. Depending on where a firm operates within the sector – downstream, midstream or upstream – can significantly impact the level of exposure and risk. Within the oil and gas sector, one size does not fit all. Credit risk solutions need to be tailored to meet the unique needs of your company. Understanding these differences is critical to knowing what the “right” approach might be.

Resource Extraction

Manage exposure.

 

When entering and operating in global markets it is essential to understand the risks (market and political) and the systems (business, economic and judicial) that could potentially affect the success of the business. The longer time frame associated with resource extraction translates into greater exposure. Jaimac works with clients to implement strategies and solutions to assess the risk and mitigate the potential impact of those risks to protect the organization.

RESOURCES

NEWS

Commodities Ticker

  • Crude Oil 47.50 +0.16
  • Natural Gas 3.141 -0.034
  • Brent Crude 55.66 +0.07
  • US/CAD Exchange Rate 1.3518 +0.0023

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Jaimac Risk Management Inc.
333 Preston St., Suite 905
Ottawa ON K1S 5N4