TORONTO, March 22, 2019 /CNW/ - Intact Financial Corporation (TSX:IFC) today announced that Don Fox, Executive Vice President, will leave IFC effective May 3, 2019.
Don has been responsible for overseeing IFC's Investment Management, Corporate Legal, Corporate Development, Audit and Finance functions. These key functions, with the exception of Audit, will now report directly to Charles Brindamour, Chief Executive Officer of Intact Financial Corporation. Audit will report directly to Frederic Cotnoir, Senior Vice President, Corporate and Legal Services and Secretary.
"While Don has most recently been a part of Intact's Executive Committee, he has been a key individual in many of our important transactions over the years including our IPO in 2004, our move to become an independent and widely held Canadian property and casualty insurance provider in 2009, as well as, the Allianz, AXA, Jevco, CDI and OneBeacon acquisitions," said Charles Brindamour, CEO. "We thank Don for his contributions to IFC's success over the years and hope to benefit from him as an advisor in the future."
About Intact Financial Corporation
Intact Financial Corporation (TSX: IFC) is the largest provider of property and casualty (P&C) insurance in Canada and a leading provider of specialty insurance in North America, with over $10 billion in total annual premiums. The Company has approximately 14,000 full- and part-time employees who serve more than five million personal, business and public sector clients through offices in Canada and the U.S. 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. In the U.S., OneBeacon Insurance Group, a wholly-owned subsidiary, provides specialty insurance products through independent agencies, brokers, wholesalers and managing general agencies.
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