
Acquisitions Since 2001
Date of Closing | Company | Press Release | Presentation | Direct Premiums Written |
Rationale |
---|---|---|---|---|---|
June 1, 2021 | RSA Insurance Group plc | Acquisition of RSA | $8.3B | The acquisition of RSA expanded Intact's leadership position in Canada, bolstered and added international expertise to our specialty lines platform, and allowed to enter the UK and Ireland at scale. | |
Dec. 2, 2019 | The Guarantee Company of North America and Frank Cowan Company Ltd. | Acquisition of The Guarantee Company of North America and Frank Cowan Company announcement | Acquisition of The Guarantee Company of North America & Frank Company | C$568M | The acquisition of GCNA and FCC bolstered our position and added new products for the high net worth customer market segment in Canada. It meaningfully advanced our North American specialty lines platform, solidifying prominent positions in public entity and surety. |
Oct. 1, 2019 | On Side Restoration | Acquisition of On Side Restoration announcement | The acquisition of this national restoration firm enhanced our customer experience and deepened our claims expertise. | ||
Sept. 28, 2017 | OneBeacon Insurance Group, Ltd. | Acquisition of OneBeacon Insurance Group announcement | Acquisition of OneBeacon | US1.2B | The acquisition of OneBeacon Insurance Group, allowed us to create a leading North American specialty insurer focused on small to mid-sized businesses. |
Nov. 30, 2016 | InnovAssur, assurances générales inc. | C$50M | We grew our direct-to-consumer operations when we acquired all of the outstanding shares of InnovAssur, assurances générales inc., a joint-venture with National Bank. | ||
May 1, 2015 | Canadian Direct Insurance Inc. | Acquisition of Canadian Direct Insurance Inc. announcement | Acquisition of Canadian Direct Insurance | C$143M | The addition of Canadian Direct Insurance Inc. extended direct-to-consumer operations from coast to coast. |
Feb. 28, 2014 | Metro General Insurance Corporation Limited | Acquisition of Metro General Insurance Corporation announcement | C$27M | The acquisition of Metro General Insurance Corporation Limited strengthened our market position in Newfoundland and Labrador. | |
Sept. 5, 2012 | JEVCO Insurance Company | Acquisition of JEVCO Insurance Company announcement | Acquisition of JEVCO | C$350M | The acquisition of JEVCO Insurance Company expanded our product suite to include recreational vehicles and strengthened commercial specialty lines. |
Sept. 23, 2011 | AXA Canada Inc. | Acquisition of AXA Canada announcement | Acquisition of AXA Canada | C$2B | The acquisition of AXA Canada Inc. grew our premiums written by over 40%, strengthened our commercial lines offering, and expanded our distribution platform. |
Dec. 8, 2004 | Allianz of Canada, Inc. | ING to acquire Allianz of Canada | C$672M | The Allianz Insurance Company of Canada acquisition helped to reinforce our core business position and further expand our national presence. | |
January 25, 2002 | Zurich North America Canada | ING to acquire Zurich North America Canada | C$510M | We surpassed $3 billion of premiums after acquiring Zurich Canada’s home, auto and small to mid-sized commercial lines business, becoming the largest P&C insurance provider in the country. |