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Why Intact Insurance Specialty Solutions?
Our claims and risk control specialists understand businesses like yours. And all of our products are backed by the financial strength of Atlantic Specialty Insurance Company, a subsidiary of IFC, rated “A+” (superior) by AM Best.
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Hear from our Industry Experts.
News Release
May 12, 2023
TORONTO, May 10, 2023 /CNW/ - (TSX: IFC) (in Canadian dollars except as otherwise noted)
Highlights
- Operating DPW growth of 4% in Q1-2023 despite the exit of UK personal lines motor, mainly reflecting rate actions in supportive market conditions
- Combined ratio of 87.4% (91.9% undiscounted), reflected solid underwriting performance in all geographies
- Net operating income per share up 4% to $3.06 on premium growth, higher investment yields and increased distribution income
- EPS decreased to $2.06, due in part to non-recurring UK personal lines motor exit expenses, while ROE was 15.4%
Published Articles
May 1, 2023
Spring is finally here – which means it’s the start of boat season! If you live in an area finally experiencing warm weather, it’s time to de-winterize your boat. Before you get back into the water, it’s essential to have the boat fully prepared after sitting immobile for so many months.
Click the link to read complete article by National Marine Underwriters.
In the News
April 28, 2023
Intact's Carmen Duarte, VP Diversity, Inclusion & Social Impact, was featured on the podcast "Let’s Get Surety" by the National Association of Surety Bond Producers (NASBP). Carmen provides insights on changing demographics of today’s world at work and how we can move forward to expand profitability and success through building a more diverse workforce.
Click the link to listen to the episode.
In the News
April 4, 2023
Technological innovations in the shipping industry can help bring significant advantages in risk mitigation and management, according to a recent article by Independent Agent Magazine. Experts in the marine insurance space, including Intact’s Sam Hellebush, provide insights on how digital transformation influences general operations and the underwriting of risks in the industry. Click the link to read.
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Intact Insurance Specialty Solutions is the marketing brand for the insurance company subsidiaries of Intact Insurance Group USA LLC. Coverages may be underwritten by one of the following insurance companies: Atlantic Specialty Insurance Company, a New York insurer; Homeland Insurance Company of New York, a New York insurer; Homeland Insurance Company of Delaware, a Delaware insurer; OBI America Insurance Company, a Pennsylvania insurer; OBI National Insurance Company, a Pennsylvania insurer; or The Guarantee Company of North America USA, a Michigan insurer. Each of these insurers maintains its principal place of business at 605 Highway 169 N, Plymouth, MN 55441, except The Guarantee Company of North America USA, which is located at One Towne Square, Southfield, MI 48076. This material is intended as a general description of certain types of insurance coverages and services. Coverages and availability vary by state; exclusions and deductibles may apply. Please refer to your insurance policy or consult with your independent insurance advisor for information about coverages, terms and conditions. Some coverage may be written by a surplus lines insurer through a licensed surplus lines broker. Surplus lines insurers do not generally participate in state guaranty funds and insureds are therefore not protected by such funds.