Canadian Underwriter

News Appointments

Where The Guarantee Company’s CEO landed after Intact acquisition

November 18, 2020 by Greg Meckbach

Stephen Ruschak, who led The Guarantee Company of North America at the time it was acquired by Intact Financial Corp., is now working for Arch Capital Group Ltd. Bermuda-based Arch Capital announced Tuesday that Ruschak is now executive vice president

News InsuranceMergers and Aqcuisitions

Intact completes acquisition of The Guarantee

December 3, 2019 by Greg Meckbach

The takeover by Intact Financial Corp. of The Guarantee Company of North America is now complete, Toronto-based Intact announced Monday. “We can now welcome The Guarantee and Frank Cowan employees into the Intact family,” Intact CEO Charles Brindamour said in

News Insurance

Intact now targeting this “under-served” market

November 7, 2019 by Greg Meckbach

If your clients’ homes would cost more than $3 million to re-construct, they are probably in a new target market for Intact. “We chose historically not to play in that space because we felt we could not provide a second-to-none

News AnnouncementsInsurance

Intact agrees to buy The Guarantee and MGA Frank Cowan

August 15, 2019 by Greg Meckbach

Canada’s largest property and casualty insurer, Intact Financial Corp. has agreed to buy The Guarantee Company of North America and MGA Frank Cowan Company Limited for about $1 billion from Princeton Holdings. Princeton will continue to own retail brokerage Cowan

News Appointments

MSA Research hires former Guarantee VP as COO

February 1, 2019 by Greg Meckbach

Marilyn Horrick, a former executive with The Guarantee Company of North America, is now executive vice president and chief operating officer of MSA Research Inc. The appointment took effect Friday. Toronto-based MSA’s reports include financial information on most of Canada’s

News Insurance

Top court could hear this surety bond dispute

December 17, 2018 by Greg Meckbach

A dispute involving The Guarantee Company of North America arising from unpaid construction bills could reach the Supreme Court of Canada. The highest court announced Friday The Guarantee is applying for leave to appeal Guarantee Company of North America v