- Business
- Intact Financial Corporation Intact Financial Corporation is Canada's largest provider of property and casualty insurance products and services to individuals and businesses through subsidiaries including Intact Insurance, belairdirect, BrokerLink, and RSA brands. The company offers personal automobile insurance covering accidents, third-party liability, and physical damage; personal property insurance protecting homes, contents, and tenants from fire, theft, vandalism, water damage, and personal liability; commercial lines insurance encompassing property, liability, general commercial, product, professional, and cyber coverages for small and medium-sized businesses; specialty insurance products such as accident and health, technology, ocean and inland marine, builders risk, entertainment, surety, management liability, tuition reimbursement, and environmental risks; as well as pet insurance, travel insurance, recreational vehicle coverage for motor homes, motorcycles, snowmobiles, and all-terrain vehicles, and risk management solutions. Intact Financial Corporation distributes its products through multiple channels including brokers, direct-to-consumer platforms, affinity groups, agencies, wholesalers, and managing general agents, serving customers in Canada, the United States, the United Kingdom, Ireland, rest of Europe, and the Middle East. Founded in 1809 with roots in the Halifax Fire Insurance Association and headquartered at 700 University Avenue in Toronto, Ontario, Canada, the company operates over 350 offices with approximately 31,000 employees and generates nearly $24 billion in annual direct premiums written. In recent developments, its subsidiary BrokerLink completed three brokerage acquisitions on March 1, 2025, adding to six deals that year following 25 acquisitions in 2024, while earlier transactions include the October 2023 purchase of Direct Line Insurance Group plc's brokered commercial lines operations for approximately £530 million to bolster UK commercial capabilities, full ownership of On Side Restoration in 2020 for enhanced claims services, and the 2021 joint acquisition of RSA Insurance Group plc with Tryg A/S for $8.3 billion to expand into the UK, Ireland, and Europe.