- CEO
- Charles J. G. Brindamour
- Full Time Employees
- 30,000
- Sector
- Financial Services
- Industry
- Insurance - Property & Casualty
- Address
- 700 University Avenue Toronto ON Canada M5G 0A1
- IPO Date
- Jan 8, 2020
- Business
- Intact Financial Corporation (TSX:IFC; OTC:INFFF), headquartered in Toronto, Ontario, Canada, ranks as the largest provider of property and casualty insurance in Canada with roots dating to 1809; the company operates through subsidiaries offering personal auto insurance covering accidents, third-party liability and physical damage; personal property insurance protecting homes and contents from fire, theft, vandalism, water damage and other perils; commercial lines insurance including commercial auto, property and liability coverages; specialty lines insurance encompassing accident and health, technology, ocean and inland marine, builders risk, entertainment, financial services, surety, tuition reimbursement, management liability, cyber and environmental risks; pet insurance; business insurance; affinity and travel insurance; and risk management solutions distributed via brokers, direct-to-consumer channels including belairdirect, and managing general agents under brands such as Intact Insurance, BrokerLink, Intact Insurance Specialty Solutions, Intact Prestige and RSA. Intact conducts its activities across four segments--Canada, United States, United Kingdom and International, and Corporate and Other--generating nearly CAD24 billion in annual direct premiums written and serving individuals, small to midsize businesses and institutions primarily in Canada, the US, UK, Ireland and Europe with a workforce of approximately 31,000 employees across more than 350 offices. The company pursues organic growth complemented by acquisitions, including the 2021 purchase of RSA Insurance Group with Tryg A/S expanding UK, Ireland and European personal, commercial and specialty lines; the 2023 acquisition of Direct Line Insurance Group's brokered commercial lines operations for GBP520 million to bolster RSA's UK platform; full ownership of On Side Restoration in 2020 enhancing claims repair services; and ongoing BrokerLink brokerage acquisitions totaling six in 2025 after 25 in 2024 toward a CAD5 billion direct premiums target.