Intact Financial

Intact Financial Corporation
Formerly
    • Halifax Fire Insurance Association
    • Halifax Insurance Company
    • ING Canada
Company typePublic
TSX: IFC
S&P/TSX Composite Component
IndustryInsurance
Founded1809; 215 years ago (1809)
HeadquartersIntact Centre,
Toronto, Ontario
,
Canada
Key people
  • Claude Dussault (Chairman)
  • Charles Brindamour (CEO)
ProductsProperty and casualty insurance, insurance brokerage
RevenueIncrease CA$12,143 million (2020)[1]
Increase CA$1,916 million (2020)[1]
Increase CA$1,082 million (2020)[1]
Total assetsIncrease CA$35,119 million (2020)[1]
Total equityIncrease CA$9,583 million (2020)[1]
Number of employees
29,000+ (2023)[1]
Websiteintactfc.com

Intact Financial Corporation is a Canadian multinational property and casualty insurance company. Originally established in 1809 as the Halifax Fire Insurance Association, it was later acquired by Nationale-Nederlanden; from 1993 to 2009, it was a subsidiary of the Dutch multinational ING Group under the name ING Canada. Intact Financial directly underwrites insurance through its subsidiary companies Intact Insurance and Belair Insurance (operating as Belairdirect), as well as operating additional brokerage, insurance service, and damage restoration subsidiaries. As of 2017, Intact was the largest provider of property and casualty insurance in Canada by annual premiums.[2]

The company has over 16,000 employees and insures more than five million individuals and businesses through its insurance subsidiaries. In the J.D. Power 2015 Canadian Home Insurance Satisfaction Study,[3] belairdirect was ranked highest in the Atlantic/Ontario region with a score of 799 and in the Quebec region with a score of 814 and Intact Insurance ranked third with a score of 791.[4]

  1. ^ a b c d e f "2020 Annual Report" (PDF). Intact Financial Corporation.[self-published source]
  2. ^ "market share of leading p/c insurers". statistica. 2017. Retrieved 26 January 2018.
  3. ^ "2015 Canadian Home Insurance Satisfaction Study" (PDF). J.D. Power Canada. J.D. Power. Archived from the original (PDF) on 22 October 2016. Retrieved 26 January 2018.
  4. ^ "J.D. Power Study Finds Customer Satisfaction with Homeowners Insurance Improves in Eastern Canada, while Claims Contribute to Drop in the West" (Press release). J.D. Power. 6 June 2016. Retrieved 26 January 2018 – via BusinessWire.