Intact

CDPQ to Sell 2,312,000 Common Shares of Intact Financial Corporation

Retrieved on: 
Monday, February 26, 2024

MONTREAL, Feb. 26, 2024 (GLOBE NEWSWIRE) --

Key Points: 
  • /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./
    CDPQ announced today that it will sell 2,312,000 common shares ("Common Shares") of Intact Financial Corporation (TSX: IFC) representing approximately 1.3% of the issued and outstanding Common Shares of IFC as of February 26, 2024 (the “Offering”).
  • After giving effect to the trade, CDPQ will continue to hold approximately 8.9% of the issued and outstanding Common Shares of IFC.
  • Following this transaction, CDPQ remains a key shareholder of Intact.
  • “CDPQ continues to be a valued partner in Intact’s evolution as a leading international P&C insurer, and will remain our largest shareholder following this transaction,” said Louis Marcotte, Executive Vice President and CFO, Intact Financial Corporation.

Intact Named ServiceNow U.S. Federal Partner of the Year

Retrieved on: 
Thursday, February 29, 2024

Intact Technology, Inc., a ServiceNow Elite Partner, has been named the ServiceNow U.S. Federal Partner of the Year.

Key Points: 
  • Intact Technology, Inc., a ServiceNow Elite Partner, has been named the ServiceNow U.S. Federal Partner of the Year.
  • View the full release here: https://www.businesswire.com/news/home/20240229498275/en/
    Intact Technology Named ServiceNow U.S. Federal Partner of the Year (Graphic: Business Wire)
    ServiceNow, a global leader in cloud-based workflow and digital transformation platforms, awards partners who demonstrate exceptional performance, customer satisfaction, and innovation in leveraging ServiceNow solutions to address the unique challenges of government agencies.
  • “The team at Intact consistently delivers unmatched outcomes, putting our joint customers first and demonstrating the power of what’s possible with ServiceNow,” said Steve Walters, SVP and GM, Public Sector at ServiceNow.
  • “It is an absolute honor, and we are deeply humbled to be recognized as the ServiceNow Federal Partner of the Year,” said Jesse White, CEO, Intact.

Resilience Launches Technology Errors & Omissions Coverage

Retrieved on: 
Wednesday, March 6, 2024

SAN FRANCISCO, March 6, 2024 /PRNewswire/ -- Resilience, a leading cyber risk management firm, today announced its launch of Technology Errors & Omissions (E&O) coverage for U.S. organizations with $300M-$10B in revenue. With $10M in limits available for both primary and excess placements, the E&O addition to Resilience's existing cyber insurance offering is poised to further help clients mitigate and cover liability arising from technology products and services - a cornerstone of building cyber resilience.

Key Points: 
  • SAN FRANCISCO, March 6, 2024 /PRNewswire/ -- Resilience , a leading cyber risk management firm, today announced its launch of Technology Errors & Omissions (E&O) coverage for U.S. organizations with $300M-$10B in revenue.
  • "In an increasingly digitized world, technology is embedded in every company's operations in some way, shape, or form," said Vishaal "V8" Hariprasad, co-founder and CEO of Resilience.
  • With financially-proven risk models, data-driven decisions, and deeply experienced underwriting and claims teams, Resilience is uniquely equipped to manage complex Tech E&O risks.
  • "That expertise is backed by our data science, our tech, and the A+ coverage and contract certainty that all our insurance offerings provide.

IICF Philanthropic Roundtable Gathers Insurance Leaders for Discussions on Charitable Giving, Impact of Global Initiatives

Retrieved on: 
Thursday, February 22, 2024

LOS ANGELES, Feb. 22, 2024 /PRNewswire-PRWeb/ -- The Insurance Industry Charitable Foundation (IICF), a nonprofit organization dedicated to helping communities and enriching lives, hosted the 2024 IICF Philanthropic Roundtable today, gathering leaders from twenty-five major insurance organizations for a series of presentations on charitable giving and volunteerism in the insurance industry and initiatives focused on philanthropy, inclusion and sustainability topics. During the 2024 Philanthropic Roundtable, IICF also released the 2023 IICF Philanthropic Showcase, an annual retrospective of global charitable contributions, volunteer projects and innovative leadership initiatives of IICF Key Partner Companies. Please view the 2023 IICF Philanthropic Showcase here.

Key Points: 
  • During the 2024 Philanthropic Roundtable, IICF also released the 2023 IICF Philanthropic Showcase , an annual retrospective of global charitable contributions, volunteer projects and innovative leadership initiatives of IICF Key Partner Companies.
  • Kaufman Group, CNA, Ernst & Young LLP (EY US), Intact Insurance Specialty Solutions, Marsh, Munich Re US P&C Companies and Verisk presented at this unique event for philanthropic knowledge sharing.
  • "Each year, IICF is proud to bring together this extraordinary group of insurance industry leaders for the IICF Philanthropic Roundtable, and even more so in 2024 as we celebrate IICF's 30th anniversary and the industry's legacy of giving," said Bill Ross, CEO of IICF.
  • IICF also made several announcements at this year's Roundtable on 2024 initiatives, including:
    IICF's 30th Anniversary Celebration: IICF is celebrating thirty years of impact and the insurance industry's legacy of giving by raising funds for children struggling with hunger.

Intact Financial Corporation Chief Executive Officer Charles Brindamour to hold Virtual Fireside Chat with TD Securities

Retrieved on: 
Tuesday, February 20, 2024

TORONTO, Feb. 20, 2024 /CNW/ - Charles Brindamour, Chief Executive Officer of Intact Financial Corporation (TSX: IFC), will join TD Securities Analyst, Mario Mendonca in a virtual fireside chat to discuss the company's 2023 fourth quarter results, on Wednesday, February 21, 2024 at 9:30 AM ET.

Key Points: 
  • TORONTO, Feb. 20, 2024 /CNW/ - Charles Brindamour, Chief Executive Officer of Intact Financial Corporation (TSX: IFC), will join TD Securities Analyst, Mario Mendonca in a virtual fireside chat to discuss the company's 2023 fourth quarter results, on Wednesday, February 21, 2024 at 9:30 AM ET.
  • A link to access the webcast replay will be available following the event in the Events and Presentations section of Intact Financial Corporation's website.
  • The video replay will be archived for 90 days.

Skyward Specialty Enters Media Liability With Addition of New Team

Retrieved on: 
Wednesday, January 17, 2024

HOUSTON, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.TM (NASDAQ: SKWD) ("Skyward Specialty" or "the Company") a leader in the specialty property and casualty (P&C) market, announced the expansion of its Professional Lines division into the media liability market focusing on multimedia, film and ad agencies.

Key Points: 
  • HOUSTON, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.TM (NASDAQ: SKWD) ("Skyward Specialty" or "the Company") a leader in the specialty property and casualty (P&C) market, announced the expansion of its Professional Lines division into the media liability market focusing on multimedia, film and ad agencies.
  • Regina Williams, who joins Skyward Specialty as vice president, Media Liability, will be leading the new underwriting unit.
  • Based in Kansas City, MO, the birthplace of media liability, Ms. Williams is an industry veteran with unparalleled hands-on expertise and knowledge in this sector.
  • Prior to joining Skyward Specialty, Ms. Williams began her career at Media/Professional Insurance (“Media/Pro”) where she spent 15 years developing her skills in the emerging media liability market.

Intact Technology and The Anti Announce HR Modernization Solution for U.S. Federal Agencies to Transform the Employee Experience

Retrieved on: 
Wednesday, January 24, 2024

Intact’s success in driving sustained digital evolution to improve the Federal employee experience, combined with The Anti’s award-winning expertise in employee workflow design, brings cutting-edge innovation to the U.S. Federal government.

Key Points: 
  • Intact’s success in driving sustained digital evolution to improve the Federal employee experience, combined with The Anti’s award-winning expertise in employee workflow design, brings cutting-edge innovation to the U.S. Federal government.
  • The offering from The Anti and Intact, built on ServiceNow, delivers a comprehensive, firm, fixed-price solution for agencies to:
    Agencies will experience the following key benefits using HRSD Federal Center of Excellence:
    A partner with HR-centric expertise: The Anti brings a unique blend of HR consulting experience, HR technology backgrounds, and HR practitioner expertise.
  • The firm designs employee experiences using ServiceNow, helping customers mitigate risk, save valuable resources, and anticipate what employees want next.
  • “We are proud to announce our latest HR modernization offering in partnership with The Anti,” said Bahar Niakan, Managing Director, HR Modernization, Intact.

Resilience Expands Cyber Risk Management Solution to Global Clients of $10 Billion in Revenue

Retrieved on: 
Monday, January 29, 2024

SAN FRANCISCO, Jan. 29, 2024 /PRNewswire/ -- Resilience, a leading cyber risk management provider, has expanded its underwriting authority to serve large global companies with up to $10 billion in annual revenues. The expanded authorities come after a strong year of growth while achieving an industry-leading loss ratio reflecting the success in defending clients from costly cyber incidents. Through 2023, fewer than 5% of Resilience clients filed a cyber claim and have shown significantly enhanced resilience to extortion attempts.

Key Points: 
  • Through 2023, fewer than 5% of Resilience clients filed a cyber claim and have shown significantly enhanced resilience to extortion attempts .
  • "More important than the growth it brings, this expanded underwriting authority is validation that our model makes clients significantly safer," said Vishaal "V8" Hariprasad, Co-Founder & CEO, Resilience.
  • Resilience has steadily increased the size of the clients it serves since its founding in 2016; initially delivering its cyber risk management solution to middle-market accounts and now to large enterprises.
  • See how our Edge solution helps organizations become cyber resilient to material losses at https://link.edgepilot.com/s/fb8a485f/JgLEkROJdUiV9AIT97ZnEg?u=http://ww... .

Resilience Expands Cyber Risk Management Solution to Global Clients of $10 Billion in Revenue

Retrieved on: 
Monday, January 29, 2024

SAN FRANCISCO, Jan. 29, 2024 /PRNewswire/ -- Resilience, a leading cyber risk management provider, has expanded its underwriting authority to serve large global companies with up to $10 billion in annual revenues. The expanded authorities come after a strong year of growth while achieving an industry-leading loss ratio reflecting the success in defending clients from costly cyber incidents. Through 2023, fewer than 5% of Resilience clients filed a cyber claim and have shown significantly enhanced resilience to extortion attempts.

Key Points: 
  • Through 2023, fewer than 5% of Resilience clients filed a cyber claim and have shown significantly enhanced resilience to extortion attempts .
  • "More important than the growth it brings, this expanded underwriting authority is validation that our model makes clients significantly safer," said Vishaal "V8" Hariprasad, Co-Founder & CEO, Resilience.
  • Resilience has steadily increased the size of the clients it serves since its founding in 2016; initially delivering its cyber risk management solution to middle-market accounts and now to large enterprises.
  • See how our Edge solution helps organizations become cyber resilient to material losses at https://link.edgepilot.com/s/fb8a485f/JgLEkROJdUiV9AIT97ZnEg?u=http://ww... .

Anne Fortin appointed President of Intact Insurance

Retrieved on: 
Thursday, December 14, 2023

TORONTO, Dec. 14, 2023 /CNW/ - Intact Financial Corporation (TSX: IFC) announced today that Anne Fortin has been appointed President, Intact Insurance, effective January 1, 2024.

Key Points: 
  • TORONTO, Dec. 14, 2023 /CNW/ - Intact Financial Corporation (TSX: IFC) announced today that Anne Fortin has been appointed President, Intact Insurance, effective January 1, 2024.
  • In this role, Anne will have responsibility for Quebec, West, Ontario, and Atlantic divisions of Intact Insurance, providing second to none service to brokers and customers across Canada.
  • "I want to congratulate Anne on her appointment as President, Intact Insurance.
  • "Anne has been instrumental in establishing Intact Insurance and belairdirect as two of Canada's strongest brands.