Intact Insurance: A Comprehensive Guide to Coverage and Benefits

Intact Insurance: A Comprehensive Guide to Coverage and Benefits. Intact Insurance is a leading provider of property and casualty insurance in Canada. With over four million customers and a strong relationship with insurance brokers, Intact Insurance offers coast-to-coast coverage and a variety of insurance solutions for personal and commercial customers.

Intact Insurance is a member company of Intact Financial Corporation, which is the largest provider of property and casualty insurance in Canada and a leading provider of specialty insurance in North America. The brand is backed by the financial strength of Atlantic Specialty Insurance Company, a subsidiary of IFC, and has local expertise with global capabilities.

Intact Insurance offers a range of insurance products, including car, home, business, and specialty insurance solutions. The brand is committed to providing excellent customer service and offers online services for personal and commercial insurance customers to access their insurance information and more – anywhere, anytime. Customers can use the Intact Insurance App, the Client Centre, or the website to submit and track claims, get advice, and enjoy peace of mind.

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Intact Insurance Overview

Company History

Intact Insurance is a leading provider of property and casualty insurance in Canada and a leading provider of specialty insurance in North America. The company was founded in 1809 as Halifax Fire Insurance Association, making it one of the oldest insurance companies in Canada. In 2001, the company was renamed ING Canada after being acquired by Dutch financial services company ING Group. In 2009, the company changed its name to Intact Financial Corporation after it was spun off from ING Group.

Services Offered

Intact Insurance offers a wide range of insurance products and services to individuals and businesses. The company\’s personal insurance products include auto, home, and recreational vehicle insurance, while its commercial insurance products include property, liability, and marine insurance. Additionally, Intact Insurance offers specialty insurance products, such as surety bonds and entertainment insurance, through its subsidiary, Intact Insurance Specialty Solutions.

Market Position

Intact Insurance is the largest provider of property and casualty insurance in Canada, with a market share of approximately 17%. The company is also a leading provider of specialty insurance in North America, with operations in the United States and the United Kingdom. Intact Insurance has a strong financial position, with a market capitalization of approximately CAD 29.4 billion as of January 2024. The company has consistently delivered strong financial results, with a net income of CAD 1.5 billion in 2023.

Intact Insurance Products

Intact Insurance offers a wide range of insurance products to meet the needs of individuals, businesses, and specialty markets.

Personal Insurance

Intact Insurance offers a variety of personal insurance products, including auto, home, and recreational vehicle insurance. They also offer coverage for watercraft, motorcycles, and snowmobiles. Personal insurance policies can be customized to meet the specific needs of each customer.

Intact Insurance\’s personal insurance policies include features such as roadside assistance, accident forgiveness, and replacement cost coverage. Customers can also take advantage of discounts for multiple policies, safe driving, and loyalty.

Business Insurance

Intact Insurance provides coverage for businesses of all sizes. They offer property, liability, and commercial auto insurance, as well as coverage for specific industries such as construction, manufacturing, and professional services.

Intact Insurance\’s business insurance policies can be tailored to meet the unique needs of each business. They offer risk management services to help businesses identify and mitigate potential risks.

Specialty Products

Intact Insurance offers specialty insurance products for unique markets such as entertainment, fine arts, and sports. They also offer surety bonds for construction projects and other contracts.

Intact Insurance\’s specialty products are designed to meet the specific needs of each market. They offer customized coverage and risk management services to help customers manage their risks.

Overall, Intact Insurance provides a comprehensive range of insurance products to meet the needs of individuals, businesses, and specialty markets. Their policies are customizable and can be tailored to meet the unique needs of each customer.

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