In 2017, we acquired OneBeacon Insurance Group, expanding our footprint into the U.S. The addition of OneBeacon accelerates our goal of becoming a world-class property and casualty (P&C) insurer, by combining our leading commercial lines track record, deep data, claims and digital expertise with OneBeacon’s outstanding team and specialty lines capabilities.
We are creating opportunities for growth in the Canadian marketplace and diversifying Intact’s business and geographical mix. Our goal is to generate $3 billion in annual direct premiums written for specialty lines in North America by 2020.
Win-win for brokers and customers
With the acquisition, Canadian brokers will be able to support their Canadian customers who have business in the U.S. through our cross-border team. Intact Insurance now has experts who understand the U.S. marketplace and can better support brokers. Our new Canadian cross-border team has expertise writing U.S. risks and can make decisions locally. Our cross-border capabilities include:
- A comprehensive program that provides coverage in Canada and the U.S. through a master policy approach – this means similar coverage for U.S. and Canadian exposures.
- Flexibility for Canadian brokers who can use their own U.S. broker or OneBeacon’s wholly-owned agency that is licensed in all 50 states.
Since the last quarter of 2017, entertainment and technology customers in Canada have more choices to choose from to protect their business. Our new offerings are derived from proven and trusted OneBeacon products. Combined with the underwriting expertise of Intact Insurance’s specialty underwriting teams, these products offer customers targeted coverage that reflects their specific industries and exposures. More solutions are in the pipeline.
Disclaimer
®Intact Design and Intact Insurance Design are registered trademarks of Intact Financial Corporation. TMIntact Service Centre and Intact Centre on Climate Adaptation are trademarks of Intact Financial Corporation. ®Insurance Is Evolving is a registered trademark of Intact Insurance Company used under license. ®belairdirect. & Design is a registered of Belair Insurance Company Inc. used under license. ®BrokerLink & Design is a registered trademark of Canada Brokerlink Inc. used under license. OneBeacon is a trademark of OneBeacon Insurance Group Holdings, Ltd. ®LinkedIn is a registered trademark of LinkedIn Corporation. LinkedIn is not a sponsor of Intact, nor a participant in any promotions. All other trademarks are properties of their respective owners. ©2018 Intact Financial Corporation. All rights reserved.
Forward-looking Statements
Certain statements made in this annual report are forward-looking statements. These statements include, without limitation, statements relating to the company’s new products and services, its revenue projections, its use of technology, its funding of projects, its position within the industry and market conditions. All such forward-looking statements are made pursuant to the “safe harbour” provisions of applicable Canadian securities laws.
Forward-looking statements, by their very nature, are subject to inherent risks and uncertainties and are based on several assumptions, both general and specific, which give rise to the possibility that actual results or events could differ materially from our expectations expressed in or implied by such forward-looking statements as a result of various factors, including those discussed in the Company’s most recently filed Annual Information Form and annual MD&A. As a result, we cannot guarantee that any forward-looking statement will materialize and we caution you against unduly relying on any of these forward-looking statements. Except as may be required by Canadian securities laws, we do not undertake any obligation to update or revise any forward-looking statements contained in this annual report, whether as a result of new information, future events or otherwise. Please read the cautionary note at the beginning of the annual MD&A.Downloads
| 2017 Annual Report |  Download |
| Management’s Discussion and Analysis for the year ended December 31, 2017 | Download |
| Consolidated financial statements for the year ended December 31, 2017 | Download |
| Underwriting performance data | Download |
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