
Protect your organization against the unknowns.
Find out more >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 program with the same level of expertise that is applied to all other facets of a firm’s financial structure.
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.
Risk mitigation and credit insurance is our sole line of business, not an add-on to a larger suite of services.
Our collaborative, involved approach allows Jaimac to tailor programs to a company’s specific needs.
We assist in all aspects of the risk mitigation strategy to deliver greater value to our clients.
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.
Manon Patry — Manon is integral to the smooth running of Jaimac back office operations. Her background in contracting, contract auditing and contract fulfillment while at Public Works and Industry Canada brings much expertise and experience to the benefit of the company and our clients. Manon’s competent and efficient leadership brings value to our work on a variety of fronts.
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:
Our expertise is unparalleled. With over four decades of combined experience, Jaimac has a reputation as a leading authority and advisor. Our clients value our ability to understand their unique transactional environment and its impact on the balance sheet. 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:
Credit Insurance protects a seller when a buyer, the customer, does not pay. In some industries and markets the risks associated with non-payment is greater than others. Even when a single customer fails to pay, the results can be devastating.
Non-payment can be triggered by a variety of reasons including insolvency of the buyer or a default on payment as a result of cash flow problems. Other risks covered by credit risk insurance include non-acceptance of goods and political risks associated with specific geographic markets.
We are a global authority on innovative credit and receivable risk mitigation structures. The strength of our underwriting, legal, and sector knowledge enables us to continue to innovate and create new paths in the credit insurance industry.
Jaimac is one of Canada’s leading independent brokerages serving industry sectors with highly specialized credit risk advisory services. Jaimac is regarded as a pioneer in defining structures that meet the unique needs of our client’s risk mitigation programs. Our deep knowledge of specific industry sectors and their unique credit risk insurance needs has enabled us to design solutions that were previously considered unachievable.
“Jaimac has consistently provided customized structured solutions for all of our risk needs. These solutions have allowed our firm to increase the amount of business conducted with our customers.”
“Jaimac has been a valuable partner and risk advisor for our international trading business that delivers logistic and financial support to clients. A solid risk management partner such as Jaimac is essential in a business that is based not only on strong financials, but also relationships and trust.”
“Jaimac has been a long term, valuable business partner and risk solution provider to our business, providing creative customized solutions for complex business issues. They are very responsive and knowledgeable risk experts who understand our business needs exceptionally well ensuring that risks inherent in new and existing business services are mitigated in a cost effective manner.”