Predict your next investment

Intact Financial Corporation company logo
Corporation
FINANCIAL | Insurance / Property & Casualty
intactfc.com

See what CB Insights has to offer

Investments

17

Portfolio Exits

1

Partners & Customers

8

About Intact Financial Corporation

Intact Financial Corporation (TSX: IFC) provides property and casualty insurance in Canada. It is based in Toronto, Ontario.

Intact Financial Corporation Headquarter Location

700 University Avenue Suite 1500-A

Toronto, Ontario, M5G 0A1,

Canada

866-941-5094

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Intact Financial Corporation Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Intact Financial Corporation Rank

Latest Intact Financial Corporation News

Intact Financial estimates Q4 cat losses at $186m

Jan 17, 2022

Reinsurance News Toronto-based property and casualty (P&C) insurer Intact Financial Corporation has announced that its estimated catastrophe losses for the fourth quarter of 2021 are $186 million, pre-tax. Approximately 55% of the catastrophe losses were recorded in the company’s Canada segment, with half in personal property. This mostly reflected the impact of floods in British Columbia, as well as windstorms across Ontario and Quebec in December. Intact Financial attributed around 20% of the losses to its UK&I segment and 5% to US specialty lines. The remainder will be reported in Corporate & Other as a result of internal reinsurance. “Our teams have been working tirelessly to quickly get our customers back on track. The unprecedented flooding in British Columbia last November serves as a reminder that as a society we need to take immediate action to adapt to a changing climate,” said Charles Brindamour, Chief Executive Officer of Intact Financial Corporation. “Despite challenging weather, the performance of our business continues to be strong,” he added. Notably, Intact Financial’s Q4 loss figure is substantially lower than the $356 million it reported for the Q3 period , following rain and hail storms in Alberta, Ontario, and Atlantic Canada, as well as flooding in the UK, and Hurricane Ida. Intact Financial is the largest provider of property and casualty (P&C) insurance in Canada. In the US, Intact Insurance Specialty Solutions provides a range of specialty insurance products and services, and outside of North America, the company provides personal, commercial and specialty insurance solutions across the UK, Ireland, Europe and the Middle East through the RSA brands.

Intact Financial Corporation Investments

17 Investments

Intact Financial Corporation has made 17 investments. Their latest investment was in WWF-Canada as part of their Grant on April 4, 2019.

CBI Logo

Intact Financial Corporation Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

4/25/2019

Grant

WWF-Canada

Yes

1

4/25/2019

Grant - III

University of British Columbia

Yes

1

4/25/2019

Grant

Sentier Urbain

Yes

1

4/25/2019

Grant

Subscribe to see more

Subscribe to see more

10

4/25/2019

Grant

Subscribe to see more

Subscribe to see more

10

Date

4/25/2019

4/25/2019

4/25/2019

4/25/2019

4/25/2019

Round

Grant

Grant - III

Grant

Grant

Grant

Company

WWF-Canada

University of British Columbia

Sentier Urbain

Subscribe to see more

Subscribe to see more

Amount

New?

Yes

Yes

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

1

1

1

10

10

Intact Financial Corporation Portfolio Exits

1 Portfolio Exit

Intact Financial Corporation has 1 portfolio exit. Their latest portfolio exit was Metromile on February 01, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

2/1/2021

Reverse Merger

$99M

7

Date

2/1/2021

Exit

Reverse Merger

Companies

Valuation

$99M

Acquirer

Sources

7

Intact Financial Corporation Acquisitions

9 Acquisitions

Intact Financial Corporation acquired 9 companies. Their latest acquisition was RSA Group on June 01, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

6/1/2021

$99M

Acq - P2P

5

3/17/2021

Subscribe to see more

$99M

Subscribe to see more

10

11/24/2020

Subscribe to see more

$99M

Subscribe to see more

10

8/15/2019

Subscribe to see more

$99M

Subscribe to see more

10

8/15/2019

Subscribe to see more

$99M

Subscribe to see more

10

Date

6/1/2021

3/17/2021

11/24/2020

8/15/2019

8/15/2019

Investment Stage

Companies

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

Note

Acq - P2P

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

5

10

10

10

10

Intact Financial Corporation Partners & Customers

8 Partners and customers

Intact Financial Corporation has 8 strategic partners and customers. Intact Financial Corporation recently partnered with Snapsheet on June 6, 2019.

Date

Type

Business Partner

Country

News Snippet

Sources

6/21/2019

Partner

Snapsheet

United States

Virtual claims become a reality as Intact sources Snapsheet - Snapsheet

Virtual claims are quickly growing , and the latest partnership between Snapsheet and Intact Financial is spurring more growth in Canada .

1

1/18/2019

Partner

Universite Laval

Canada

Subscribe to see more

Subscribe to see more

10

10/9/2018

Vendor

Eagle Investment Systems

United States

Subscribe to see more

Subscribe to see more

10

5/15/2018

Partner

TrueMotion

United States

Subscribe to see more

Subscribe to see more

10

12/4/2015

Partner

University of Waterloo

Canada

Subscribe to see more

Subscribe to see more

10

Date

6/21/2019

1/18/2019

10/9/2018

5/15/2018

12/4/2015

Type

Partner

Partner

Vendor

Partner

Partner

Business Partner

Snapsheet

Universite Laval

Eagle Investment Systems

TrueMotion

University of Waterloo

Country

United States

Canada

United States

United States

Canada

News Snippet

Virtual claims become a reality as Intact sources Snapsheet - Snapsheet

Virtual claims are quickly growing , and the latest partnership between Snapsheet and Intact Financial is spurring more growth in Canada .

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

10

10

10

10

Intact Financial Corporation Team

3 Team Members

Intact Financial Corporation has 3 team members, including former Senior Vice President, Joe D Annunzio.

Name

Work History

Title

Status

Joe D Annunzio

Zurich Brasil Seguros

Senior Vice President

Former

Jennie Moushos

Senior Vice President

Former

Wilfried Neven

Managing Director

Former

Name

Joe D Annunzio

Jennie Moushos

Wilfried Neven

Work History

Zurich Brasil Seguros

Title

Senior Vice President

Senior Vice President

Managing Director

Status

Former

Former

Former

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.