We are the largest provider of property and casualty (P&C) insurance in Canada, a leading provider of global specialty insurance, and, with RSA, a leader in the U.K. and Ireland. Our business has grown organically and through acquisitions to over $22 billion of total annual premiums.
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. Intact also provides affinity insurance solutions through our affinity groups, travel insurance, as well as exclusive and tailored offerings through Intact Prestige.
In the U.S., Intact Insurance Specialty Solutions provides a range of specialty insurance products and services through independent agencies, regional and national brokers, and wholesalers and managing general agencies.
In the U.K., Ireland, and Europe, Intact provides personal, commercial and specialty insurance solutions through the RSA brands.
Our Early History
Intact has a long and proud Canadian history. We are one of Canada’s oldest companies. Our 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, then one of the largest insurance companies in the Netherlands came to Canada and acquired the Halifax Insurance Company.
Growing Across Canada & Around the World
Acquired three well-known regional insurers - Commerce Group and Belair in Quebec, and Western Union in Alberta.
Nationale-Nederlanden merged with NMB Postbank to create ING Group, one of the first bancassurance groups in the world.
We brought together the separate entities under the umbrella of ING Canada.
Acquired Guardian Insurance’s business in Canada.
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. Belair became the first company in North America to offer insurance products online under the name belairdirect.
Initial Public Offering
Acquired Allianz Canada. This was soon followed by our Initial Public Offering, and we started trading on the Toronto Stock Exchange with ING Group retaining 70% ownership.
Intact Financial Corporation
ING Canada became Intact Financial Corporation, with 100% of its common shares traded on the TSX following ING Group’s divestiture of its holdings.
Acquired AXA Canada Inc., the 6th largest property and casualty insurance provider in the country.
Jevco Insurance Company
Acquired Jevco Insurance Company, a leading provider of specialty and niche insurance products for individuals and businesses in Canada.
Acquired Canadian Direct Insurance Inc. (CDI), a property and casualty insurance company providing direct-to-consumer personal insurance solutions throughout British Columbia and Alberta. CDI was subsequently integrated with belairdirect, expanding its operations from coast to coast.
OneBeacon Insurance Group
Acquired OneBeacon Insurance Group, Ltd.; a leading U.S. specialty insurer focused on small to midsize businesses. The transaction makes us a leading specialty insurer in North America with over C$2 billion in annual premiums.
On Side Restoration
Acquired a controlling interest of On Side Restoration, a leading restoration company, restoring damaged homes and businesses in Canada. Intact gained full ownership of On Side Restoration over a two-year period. The transaction strengthened repair and restoration services for personal and commercial property claims customers across Canada.
The Guarantee 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.
On Side Restoration
Gained full ownership of On Side Restoration, a leading restoration company, restoring damaged homes and businesses in Canada, strengthening the repair and restoration services for personal and commercial property claims customers across Canada.
RSA Insurance Group
Together with Tryg A/S, Intact acquired RSA Insurance Group –- one of the world’s longest standing general insurers – expanding its operations to the UK, Ireland, and Europe through the RSA brands.