Intact Financial integrates North America specialty insurance units

Intact Financial integrates North America specialty insurance units | Insurance Business

Intact Financial integrates North America specialty insurance units

Intact Financial has brought together its specialty insurance businesses in Canada and the US under a single brand called Intact Insurance Specialty Solutions.

The move combines 20 specialty areas across Intact Financial’s operations, including nine that serve both Canadian and US clients, and establishes the company’s status as among North America’s largest providers of surety bonds.

The US businesses previously operated under OneBeacon Insurance Group and The Guarantee Company of North America, which Intact Financial acquired in 2017 and 2019, respectively.

“We see strong future growth potential in our specialty lines business given our team’s expertise and our robust solutions for Canadian, cross-border and US customers and brokers,” said Charles Brindamour, chief executive officer of Intact Financial.

“The entire North American specialty team looks forward to continuing to provide our customers and brokers with our hallmark specialized products and services, backed by the strength of the Intact brand,” said Mike Miller, president of US operations at Intact Insurance Specialty Solutions.