Experience + Focus = Excellence.

NIAC's Vision

Our VISION is to be the leading insurance provider for Canada’s nuclear industry, recognized for our expertise, client support, and commitment from our members.

NIAC's Mission

Our MISSION is to provide dependable insurance capacity, expert underwriting and engineering, comprehensive claims management, and a robust emergency response program to support Canada’s nuclear industry.

NIAC's Values

• Stability. Reliable, long-term capacity and risk engineering
• Partnership. Building strong, trusted relationships with our members, clients, and industry partners
• Collaboration. Teaming up with industry partners, regulators, and experts to deliver insurance solutions and share knowledge
• Expertise. Bringing deep industry knowledge and technical insights to assess risks, manage claims & emergency response effectively, and deliver unique insurance solutions
• Client-Centric. Putting our clients first by anticipating their needs, providing responsive service, and delivering effective solutions that give them confidence in their insurance protection

What We Do

We specialize in high quality insurance risk management, underwriting and inspections for Canadian nuclear exposures. We provide true risk transfer, secure insurance capacity and collaborate with the world’s nuclear experts to create innovative domestic solutions for our clients and members.

Whom We Serve

The benefit of our experience works for all stakeholders: insured clients, members, multi-level government agencies and all Canadians. Since 1958 NIAC has had a history of partnering with Insurers around the globe to create reliable risk management for the nuclear industry.

What We Stand For

NIAC stands for the value of excellence. We offer Canadian risk solutions, thought leadership and expertise that provides security and confidence to our customers and members. NIAC is passionate in leading the domestic nuclear industry in the areas of nuclear insurance law, good governance and claims administration and we collaborate with the world’s leading experts to create a true Centre of Excellence.

Why NIAC Exists

Governments and industry are aware of the need for financially strong insurance for the sustainability of nuclear energy for peaceful purposes. NIAC is a voluntary, non-profit, unincorporated association of insurers forming liability and property damage pools - insuring nuclear installations, suppliers and transportation of nuclear substances in Canada.

Who Runs NIAC

A committee of member companies provides oversight for NIAC. Pool members are property/casualty insurers, reinsurers and Lloyd's Underwriters licensed in Canada and approved by committee. The association employs in-house staff and specialists to manage the underwriting and administration of the pool operations.