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    Intact Financial Corporation

    Intact Financial Corporation profile, history and corporate video

       Intact Financial Corporation is a Canadian multinational property and casualty (P&C) insurance company headquartered in Toronto, Ontario, Canada.

       In Canada, Intact distributes insurance under the Intact Insurance brand through a wide network of brokers, including its wholly-owned subsidiary BrokerLink, and directly to consumers through belairdirect. It also provides affinity insurance solutions through the Johnson Affinity Groups.

       In the U.S., Intact Insurance Specialty Solutions provides specialty insurance products and services.

       Outside of North America, the company provides personal, commercial and specialty insurance solutions across the UK, Ireland, Europe and the Middle East through the RSA brands.


    HISTORY

       The company’s roots date back to 1809 when a group of business people formed the Halifax Fire Insurance Association, later known as the Halifax Insurance Company.

       In the late 1950s, following the post-war Dutch immigration, the Nationale-Nederlanden (NN), then one of the largest insurance companies in the Netherlands came to Canada and acquired the Halifax Insurance Company.

       In the 1980s, the company acquired three well-known regional insurers – Commerce Group and Belair in Quebec, and Western Union in Alberta

       In 1991, Nationale-Nederlanden (NN) merged with NMB Postbank to create ING Group, one of the first bank assurance groups in the world.

       In 1993, the company brought together the separate entities under the umbrella of ING Canada.

       In 1998, Guardian Insurance’s business in Canada was acquired.

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       In 2001, the company acquired Zurich Canada’s home, auto and small and medium business insurance portfolio. Halifax Insurance Company, Commerce Group and Western Union were later merged to form ING Insurance.

       In 2004, Allianz Canada was acquired. This was soon followed with an initial public offering and the start of trading on the Toronto Stock Exchange with ING Group retaining 70% ownership.

       In 2009, ING Canada became Intact Financial Corporation, with 100% of its common shares traded on the TSX following ING Group’s divestiture of its holdings.

       In 2011, the company acquired AXA Canada Inc., one of the largest property and casualty insurance providers in the country.

       In 2012, Intact acquired Jevco Insurance Company, a provider of specialty and niche insurance products in Canada.

       In 2015,  the company acquired Canadian Direct Insurance Inc. (CDI), a property and casualty insurance company.

       In 2017, Intact acquired OneBeacon Insurance Group, Ltd., a U.S. specialty insurer.

       In 2019, the company acquired The Guarantee Company of North America, a specialty lines insurer in Canada and the U.S., and Frank Cowan Company Limited, a managing general agent focused on specialty insurance.

       In 2020, Intact gained full ownership of On Side Restoration, a leading restoration company, restoring damaged homes and businesses in Canada.

       In 2021, together with Tryg A/S, Intact acquired RSA Insurance Group –- one of the world’s longest-standing general insurers


    BRANDS & COMPANIES
    Canada
    • Intact Insurance
    • RSA
    • belairdirect
    • Johnson
    • BrokerLink
    • Intact Public Entities
    • Intact Prestige
    • Intact Insurance Specialty Solutions
    • On Side Restoration
    United States
    • Intact Insurance Specialty Solutions
    UK & International
    • RSA
    • MORE THAN
    • 123.ie
    • Al Ahlia
    • Al Alamiya
    Scandinavia
    • Codan

       With 16,000 employees, Intact Financial Corporation is considered one of the largest providers of property and casualty (P&C) insurance in Canada, one of the largest providers of global specialty insurance, and, with RSA, one of the largest in the U.K. and Ireland. According to Forbes, it is considered one of the Top 2000 Largest Public Companies in the World.

    *Information from Forbes.com, Wikipedia.org, and www.intactfc.com.

    **Video published on YouTube by “Intact Insurance“.

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