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News BrokersCommercial LinesInsuranceMergers and Aqcuisitions

Intact’s rationale for buying this bond and marine brokerage

September 16, 2020 by Greg Meckbach

Intact Financial Corp.’s latest “tuck-in” brokerage acquisition is part of its ongoing expansion effort in the United States, chief financial officer Louis Marcotte suggested Tuesday. International Bond & Marine Brokerage Ltd. of Hoboken, N.J., announced Sept. 11 it is now

News Insurance

What Intact’s next acquisition target might look like

May 14, 2020 by Greg Meckbach

Don’t be surprised if you see Intact Financial Corp. announce the acquisition of a United States-based commercial specialty property and casualty insurer in the future. During a fireside chat Wednesday with John Aiken, Toronto-based financial service analyst with Barclays, Intact

News Appointments

Who will be who in the Intact commercial specialty crew

December 17, 2019 by Greg Meckbach

Intact Financial Corp. announced Tuesday some key executive appointments in its commercial specialty and managing general agent business. Effective Jan. 1, Carla Smith will be senior vice president of specialty solutions for Intact. Pete Weightman, currently Intact’s senior vice president

News BrokersMergers and Aqcuisitions

Intact’s appetite for cross-border mergers

February 8, 2019 by Greg Meckbach

Intact Financial Corp. is not ruling out the possibility of buying a commercial brokerage or managing general agent in the United States. “We are doing a lot of work to understand the opportunities in distribution in the U.S. and will

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

Will more Canadian commercial insurers look south for acquisition targets?

April 26, 2018 by Greg Meckbach

Buying American commercial insurers is a “strategy that could prove rewarding” for Canadian insurance companies, executives from Toronto-based DBRS wrote in a report released Thursday. Expanding into the U.S. commercial space “requires significant resources,” wrote Stewart McIlwraith, senior vice president