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.

Independent contractors play an essential role across industries like trucking, shipping and delivery. However, navigating the complexities of worker classification and ensuring the right insurance coverage can be challenging.

In a recent article by Supply & Demand Chain Executive, Andrew Deutsch from our Accident & Health team breaks down the intricacies of classification laws and highlights the benefits of occupational accident insurance for independent contractors.

Music videos are a captivating part of pop culture, but behind the scenes, there’s a lot of risk management involved. Chuck Redington, Director of Risk Control, spoke with Insurance Business America about managing risks during music video production—from securing location permits to protecting artists and crews on set.

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.

We are pleased to share a recent article by Intact Insurance’s Nelson Kefauver, CFA and Kilauren McShea in The D&O Diary, titled “Key Factors General Counsel Should Weigh Before Choosing Employed Lawyers’ Coverage”. They address crucial considerations such as coverage options, policy limits, and the importance of insurer reputation. Their insights are a must-read for general counsels seeking the right insurance.