PLYMOUTH, Minn., April 1, 2025 /PRNewswire/ -- Intact Insurance Specialty Solutions today announced that Lynn O'Leary has officially transitioned into her role as President, U.S., Global Specialty Lines. O'Leary, who previously served as CEO of Europe RSA Luxembourg, for Intact (TSX:IFC), brings more than 25 years of expertise in insurance and a proven track record of driving specialty market expansion. Her appointment comes at a pivotal time, as the company continues to strengthen its specialty presence with a focus on growth in the U.S.

Brokers and clients that need a solution for high-value excess property exposures can turn to Intact Insurance Specialty Solutions. With the ability to offer up to $250 million in capacity for excess property placements, Intact Insurance’s Specialty Property team strengthens its commitment to its partners with enhanced capacity. The coverage is designed for a broad range of commercial properties, including apartments and condo­miniums, commercial real estate, manufacturing, retail/wholesale, education, warehousing, and public entities requiring substantial limits beyond traditional primary layers.

TORONTO, Feb. 11, 2025 /CNW/ - (TSX: IFC) 

Highlights

• Operating DPW^1,2 grew 5%, led by continued momentum in Personal lines
• Combined ratio¹ was strong at 86.5%, mainly due to solid underlying results across all geographies and lines of business
• Net operating income per share¹ rose 23% to $4.93, with robust underwriting results, as well as investment and distribution income increasing by 6% and 13%, respectively
• BVPS¹ up 13% from last year to $92.67, reflecting EPS of $12.36 for 2024 and the overall strength of our platform
• Solid operating ROE¹ at 16.5% (ROE¹ of 14.2%) and a strong balance sheet with $2.9 billion of total capital margin¹
• Quarterly dividend increased by $0.12 to $1.33 per common share, representing a 10-year compounded annual growth rate of 10%

TORONTO, Jan. 22, 2025 /CNW/ - Intact Financial Corporation (TSX: IFC) today announced that T. Michael Miller will retire from his current role as Chief Executive Officer (CEO), Global Specialty Lines (GSL), effective March 31, 2025. He will remain with the organization serving as Chairman, Global Specialty Lines and the IFC board will also be appointing and welcoming him as a Director of IFC following his retirement. Mr. Miller's retirement follows a successful 44-year career in the property and casualty (P&C) industry, including thirteen years at OneBeacon Insurance and the last seven years at Intact, which acquired OneBeacon in 2017.

Intact Insurance Specialty Solutions announces enhancements to the functionality of its online bond platform in the U.S., Intact BondClick. Intact BondClick accelerates the process for brokers to purchase online surety bonds with minimal data entry.

TORONTO, July 30, 2024 /CNW/ - (TSX: IFC) 

Highlights

• Operating DPW^1,2 growth of 6%, largely organic and led by continued momentum in personal lines
• Combined ratio¹ of 87.1% reflected a solid underlying performance across all geographies and limited catastrophe activity
• Net operating income per share¹ increased to $4.86 (and EPS of $4.04) driven by very strong underwriting results, as well as solid growth in investment and distribution income
• Operating ROE¹ increased by 4 points year-over-year to 17.0%, while a 13.7% ROE¹ fuelled a BVPS¹ growth of 15% over the same period
• Strong balance sheet with $2.9 billion of total capital margin¹ from solid earnings and adjusted debt-to-total capital ratio¹ down to 19.8%

PLYMOUTH, Minn., July 17, 2024 /PRNewswire/ -- Intact Insurance Specialty Solutions is pleased to announce two leadership changes. Kirk Garrett has been named President of Striior Insurance Solutions and Tony Falcone has been promoted to President of Intact's Inland Marine business.

Intact Insurance Specialty Solutions, the brand for Intact Financial Corporation's (TSX: IFC) U.S. insurance company subsidiaries, announced today that Erik Janssens has been hired as Senior Vice President of West Coast Commercial Surety. In this role, Erik will be responsible for underwriting, strategy, and the profitable growth of Intact's West Coast commercial surety business.

PLYMOUTH, Minn., June 18, 2024 /PRNewswire/ -- Intact Insurance Specialty Solutions 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.

Intact Insurance Specialty Solutions announces a new Quota Share Builders Risk product with $100M in capacity per construction project, on a lead or follow basis. This product is available in over 40 states on admitted paper and can be purchased by general contractors, owners, and developers.