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Hear from our Industry Experts.
February 25, 2021

The compromise of the SolarWinds Orion Network Configuration Manager Update (referred to as Orion onward) has been in the news since its discovery in December 2020. The impact of this cyberattack on a software supply chain (attacking a vendor’s software update build) is quite extensive and poses a significant risk for the downstream customers. The sophistication of the attack and the organizations that were ultimately targeted is astonishing and terrifying. However, this is only the tip of the iceberg. How deeply an organization has been compromised or what intellectual property was exfiltrated is yet to be fully determined.

News Release
February 9, 2021


  • Net operating income per share of $3.18 in Q4-2020 and OROE of 18.4%, driven by strong underwriting performance and distribution results
  • Premiums grew 8% in the quarter and 9% for the full year with solid growth in all lines and The Guarantee Company of North America ("The Guarantee") acquisition
  • Combined ratio of 85.6% in Q4-2020 included $74 million of CAT losses, with $23 million related to the COVID-19 crisis
  • Our COVID-19 related relief has helped more than 1.2 million customers, with $530 million of support provided in 2020
  • Full year EPS of $7.20 and BVPS up 9% in 2020 to $58.79
  • RSA acquisition is progressing well and on track for Q2-2021 closing
In the News
February 8, 2021

James Bynoe, Chief Claims Counsel at Intact Insurance Specilaty Solutions, was quoted in the February issue of Claims and Litigation Management (CLM) Alliance Magazine on the importance of diversity and inclusion, and how he strives to end systemic racism in the insurance industry.

Read more on page 42 and page 17.

News Release
February 1, 2021

TORONTO, Feb. 1, 2021 /CNW/ - Intact Financial Corporation (TSX: IFC) today announced the appointment of Carolyn A. Wilkins to its Board of Directors.

Ms. Wilkins had a distinguished twenty-year career at the Bank of Canada, serving as Senior Deputy Governor for the last six and a half years, overseeing strategic planning and economic and financial research. She was a member of the Bank's Governing Council and served as a member of the Bank's Board of Directors.