Intact Insurance Specialty Solutions Now Offering Trade Credit Coverage

Plymouth, Minn., Feb.05 2024 -- Intact Insurance Specialty Solutions, the brand for Intact Financial Corporation's (TSX: IFC) U.S. insurance company subsidiaries, today announced the launch of its U.S. Trade Credit business. Pablo Brando has been appointed President of U.S. Trade Credit and will lead the business, supported by Brian Lavelle, Vice President, Trade Credit U.S. 

“We are happy to welcome Pablo and Brian to Intact and pleased to deliver another specialized offering for our brokers and their customers,” says Michael Seff, Intact’s Senior Vice President, Specialty Lines. “With Pablo’s leadership and more than 25 years of expertise, we are well positioned for success in the U.S. market and to hit the ground running.” 

Pablo and team will report to Jay Rampersad, Head of Trade Credit for North America and be based out of New York City.  

“In today’s economic landscape, Trade Credit insurance serves as a vital safeguard against default risk, enabling businesses to operate with confidence amidst heightened uncertainty,” says Rampersad. “I look forward to working with the team to leverage our deep understanding of Trade Credit and deliver an outstanding product and service to our broker partners.” 

In the U.S., Intact Trade Credit offers tailored solutions designed for a wide range of industries including Aerospace, Agriculture, Agricultural Services and Products, Automotive, Chemicals, Distribution, Energy, Equipment and Machinery, Financial Services, Food & Beverage, Manufacturing, Metals, Technology, Telecommunications, Transportation, and Wholesale. The product is currently available in 17 states. For more information on products and services, visit intactspecialty.com/trade-credit.