SPG Canada Launches Innovative Parametric Earthquake Coverage in BC.

We’re excited to announce our partnership with Miller to bring Parametric Earthquake Coverage to the British Columbia market.

This collaboration combines Miller’s international expertise in parametric solutions with our deep understanding of local risk and distribution to deliver innovative earthquake protection tailored to the needs of Canadian businesses and property owners.

Bringing Innovation to Earthquake Protection

Our EQ Parametric product provides fast, transparent payouts triggered by magnitude and location, helping clients recover quickly without the challenges of traditional claims processes or large deductibles.
With payout limits ranging from $10,000 up to $10 million per policy, this coverage is designed for businesses, municipalities, developers, and property owners in high-risk areas such as Vancouver, Victoria, and Richmond.

Read the full announcement on Insurance Business Canada: Miller forms partnership to launch parametric earthquake cover in BC