Intact Financial Corp. 5.2% Perpetual Preferred Stock (IFC.PR.E)

Overview

Intact Financial Corporation, originally known as ING Canada Inc., is a leading provider of property and casualty insurance services. Founded in 1809 and headquartered in Toronto, Canada, the company has expanded its reach beyond Canadian borders to the United States, the United Kingdom, and other international markets. Intact Financial Corporation offers a comprehensive range of insurance products tailored for individuals and businesses, ensuring protection against a wide variety of risks and liabilities. Over the years, it has grown to serve diverse sectors by offering specialized risk management solutions and insurance coverage, reflecting its commitment to providing security and peace of mind to its clients worldwide.

Products and Services

Intact Financial Corporation offers an extensive portfolio of insurance products and services designed to meet the varying needs of its clients. These include:

• Personal Auto Insurance: Offers coverage for accidents, third-party liability, and physical damage, ensuring drivers are protected against common road-related risks.
• Personal Property Insurance: Protects homes and their contents against risks such as fire, theft, vandalism, and water damage, and includes personal liability coverage. This ensures homeowners and renters have the necessary protection for their properties and possessions.
• Commercial Line and Specialty Line Insurance: Catering to businesses, this insurance provides coverage for commercial auto, property, and liability risks. It’s designed to support businesses in managing the various risks associated with their operations and assets.
• Pet and Business Insurance: Addresses the specific needs of pet owners and businesses, offering tailored coverage options to protect against unforeseen expenses and liabilities.
• Risk Management Solutions: Beyond traditional insurance products, Intact Financial Corporation provides comprehensive risk management services to help businesses and individuals minimize their exposure to risks and potential losses.
• Specialty Insurance Products: Covering a broad spectrum of needs, these include travel insurance, surety, tuition reimbursement, management liability, and products tailor-made for financial and environmental institutions. It also includes coverage for sectors like technology, marine, builder's risk, and entertainment, showcasing the company's versatility in meeting diverse insurance needs.
• Distribution Channels: Intact Financial Corporation’s products are accessible through various channels including brokers, direct to consumer, agencies, wholesalers, affinity groups, and its managing general agent platform, Intact Prestige. This multi-channel distribution strategy enhances accessibility and convenience for clients seeking insurance solutions.