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Why Intact Insurance Specialty Solutions?
Our claims and risk control specialists understand businesses like yours. And all of our products are backed by the financial strength of Atlantic Specialty Insurance Company, a subsidiary of IFC, rated “A+” (superior) by AM Best.
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Published Articles
August 30, 2022
The Atlantic Hurricane Season is nearing its peak time as we approach late summer and early fall. Though conditions have been in our favor till now, NOAA (National Oceanic and Atmospheric Administration) still expects an above-normal season in the coming months. To ensure you and your boat are protected, National Marine Underwriters offers some resources.
Click the link to read.
News Release
August 9, 2022
PLYMOUTH, Minn., Aug. 9, 2022 /PRNewswire/ -- Intact Insurance Specialty Solutions, the brand for Intact Financial Corporation's (TSX: IFC) U.S. insurance company subsidiaries, has recently awarded sixteen $3,000 college scholarships: eight to the children and/or grandchildren of Intact employees, and eight to children and/or grandchildren of the company's distribution partners. Recipients were selected based on criteria such as academic performance, leadership roles and participation in school and community activities.
News Release
August 1, 2022
Intact Insurance Group USA LLC (Intact), doing business under the brand name Intact Insurance Specialty Solutions, announced today that it has completed the acquisition of Highland Insurance Solutions ("Highland"), the U.S. construction division of Tokio Marine Highland (TMH), from Tokio Marine Kiln (TMK), having received all required regulatory approvals and all other closing conditions having been met.
News Release
July 29, 2022
Highlights
- Net operating income per share1 was $3.14 with meaningful accretion from RSA and strong investment and underwriting results
- Operating DPW 2 grew 36% in the quarter, driven by the RSA acquisition and 4% organic growth, led by commercial lines
- Operating combined ratio1 of 90.7% was strong across all geographies, but higher than last year mainly due to catastrophe losses
- EPS of $6.64 in the quarter reflecting strong operating results, significant gains on investments and the sale of Codan Denmark
- OROE 1 of 15.4% and ROE1 of 18.5% reflecting robust operating and non-operating performance
- Total capital margin remains strong at $2.5 billion despite a volatile macroeconomic environment
- After one year, NOIPS1 accretion from the RSA acquisition was well above expectations at 15%, and integration remains on track
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Intact Insurance Specialty Solutions is the marketing brand for the insurance company subsidiaries of Intact Insurance Group USA LLC. Coverages may be underwritten by one of the following insurance companies: Atlantic Specialty Insurance Company, a New York insurer; Homeland Insurance Company of New York, a New York insurer; Homeland Insurance Company of Delaware, a Delaware insurer; OBI America Insurance Company, a Pennsylvania insurer; OBI National Insurance Company, a Pennsylvania insurer; or The Guarantee Company of North America USA, a Michigan insurer. Each of these insurers maintains its principal place of business at 605 Highway 169 N, Plymouth, MN 55441, except The Guarantee Company of North America USA, which is located at One Towne Square, Southfield, MI 48076. This material is intended as a general description of certain types of insurance coverages and services. Coverages and availability vary by state; exclusions and deductibles may apply. Please refer to your insurance policy or consult with your independent insurance advisor for information about coverages, terms and conditions. Some coverage may be written by a surplus lines insurer through a licensed surplus lines broker. Surplus lines insurers do not generally participate in state guaranty funds and insureds are therefore not protected by such funds.