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Hear from our Industry Experts.
News Release
November 11, 2020

 

PLYMOUTH, Minn., Nov. 11, 2020 /PRNewswire/ -- Intact Insurance Specialty Solutions, the brand for Intact Financial Corporation's (TSX: IFC) U.S. insurance company subsidiaries, announced today its new cyber insurance solutions delivered in partnership with program manager Resilience Insurance. By innovatively blending Resilience's cyber analytics technology with Intact's risk transfer capabilities, the companies are enhancing the breadth of risk mitigation available to the cyber insurance market. 

 

News Release
November 9, 2020

Plymouth, Minn. November 9, 2020 -- James Reiss has been appointed President of International Bond & Marine Brokerage, Ltd. ("IB&M"), a market-leading brokerage providing risk management solutions to the international trade industry, which was recently acquired by Intact Insurance Specialty Solutions, a brand of Intact Financial Corporation (TSX: IFC). Reiss will now report to Peter Weightman, Senior Vice President and Chief Underwriting Officer, Specialty Solutions, North America.

News Release
November 3, 2020

Highlights

  • Net operating income per share up 46% to $2.78, driven by solid underwriting performance across all lines, driven in part by benign weather, and strong distribution results
  • Healthy premium growth of 8% driven by strong retention and new business and including The Guarantee Company of North America ("The Guarantee") acquisition
  • Relief efforts helped more than 1.2 million customers, with $510 million provided year-to-date, including the recently launched $50 million targeted relief program for our most vulnerable small business customers
  • OROE of 16.9% and BVPS up 4% in the quarter to $56.22
  • Strong capital position with $1.9 billion of total capital margin available to manage potential further shocks and capture strategic opportunities
News Release
October 14, 2020

TORONTO, October 14, 2020 – Intact Financial Corporation (TSX: IFC) officially brings together its Canadian and U.S. specialty capabilities under a single brand: Intact Insurance Specialty Solutions. Unifying its specialty operations under one brand represents the full integration of this growing segment of Intact’s portfolio and its commitment to being a leader in the specialty lines marketplace.