Latest Intact Headlines
All the headlines from our Intact Topic Page, ordered by recency.
OneBeacon Acquires International Bond & Marine Brokerage
Sep 15 2020 // OneBeacon Insurance Group said it has acquired International Bond & Marine Brokerage, Ltd., a privately held brokerage and risk management firm specializing in the international trade markets. IB&M will retain its...
Broker BMS Appoints Pfeffer from OneBeacon as U.S. Chief Casualty Officer
Mar 19 2020 // BMS Group, the independent specialist re/insurance broker, announced the appointment of Jonah Pfeffer as chief casualty officer at BMS Re U.S., effective immediately. He will report to Pete Chandler, president and CEO at...
People & Places
Nov 4 2019 // National Specialty insurer QBE North America has named Kris Hill as president of Alternative Markets. Hill joined QBE in January 2017 as chief financial officer. Before joining QBE, she served as executive vice president...
Canada Insurer Intact Financial Corp. Completes Acquisition of On Side Restoration
Oct 2 2019 // Intact Financial Corp., the Toronto-based property and casualty insurer, announced it has completed the acquisition of On Side Developments Ltd., the parent company of On Side Restoration. With more than 1,200 employees...
OneBeacon Financial Institutions Hires Hamilton in New York City
Jun 11 2019 // OneBeacon Financial Institutions, a member of OneBeacon Insurance Group, has hired James Hamilton as vice president overseeing regional operations and contributing to the management of the company’s public bank and...
Sompo Global Risks Forms Life Sciences Team Led by Ex-OneBeacon Exec Lauer
May 17 2019 // Sompo Global Risk Solutions (GRS) has formed a new team offering insurance to clients in the life sciences industry. The GRS Life Sciences team is led by Todd Lauer who has joined Sompo GRS as senior vice president. Lauer...
Africa Re Joins World Bank’s IFC to Build Crop Insurance Market for Nigeria’s Farmers
Mar 29 2019 // The International Finance Corp. (IFC), a member of the World Bank Group, announced it has signed an agreement with Africa Re, the pan-African reinsurance company, to help small holder Nigerian farmers more easily access...
Great American’s Kefauver Joins OneBeacon Management Liability as President
Jan 15 2019 // Nelson Kefauver has joined OneBeacon Insurance Group as president of its Management Liability business unit, reporting to Executive Vice President Paul Brehm. In his new role, Kefauver will lead a specialty underwriting...
Canada’s Intact Financial Not Planning to Insure Recreational Cannabis Industry
Oct 3 2018 // Don’t expect Intact Financial Corp., Canada’s largest property and casualty insurer, to insure the recreational-cannabis industry anytime soon. “It’s not seen as the pot of gold that we should chase...
Canadian Insurer Backs Autonomous Car Startup in Florida Retirement Community
Jul 26 2018 // There’s a village in Florida where self-driving cars rule the road, and a Canadian insurance firm wants to come along for the ride. Toronto-based Intact Financial Corp. is investing $3 million in startup Voyage as...
OneBeacon Surety Revamps Leadership Team, Expands Capacity
Jun 21 2018 // OneBeacon Surety Group recently announced changes to its U.S. leadership team. In addition, it is now offering up to $250,000,000 in aggregate surety bond capacity for qualifying clients. Chad Anderson has been named head...
OneBeacon Creates Modular Medical Technology Product for Life Sciences Risks
May 30 2018 // OneBeacon Technology Insurance, a member of OneBeacon Insurance Group, has introduced a modular medical technology product/ professional liability policy – Medical Technology Solutions – tailored to address life...
Canada’s Intact Financial Completes OneBeacon Acquisition; Vows to Grow Specialty Insurer
Sep 29 2017 // Intact Financial Corp. said it has completed its acquisition of U.S. specialty insurer OneBeacon Insurance Group from Bermuda-based White Mountains Insurance Group. The purchase price was C$2.3 billion (US$1.7...
Canada’s Home Insurers Undergo Claims Stress Test: J.D. Power
Jun 6 2017 // A record year for catastrophic disasters, from the Fort McMurray fire to floods in Quebec, have put Canadian home insurers to the test in 2017. According to the J.D. Power 2017 Canadian Home Insurance Study, a spike in...
Canadian P/C Insurer Intact Financial to Acquire OneBeacon for $1.7 Billion
May 3 2017 // Canada’s largest property/casualty insurer, Intact Financial Corp., has agreed to acquire U.S. specialty insurer OneBeacon from White Mountains Insurance Group for US$1.7 billion. The merger will create a North...
White Mountain’s OneBeacon Reported to Be Up for Sale
Jan 18 2017 // OneBeacon Insurance Group Ltd., the specialty insurer controlled by White Mountains Insurance Group Ltd., is exploring a sale, people familiar with the matter said. The Bermuda-based company recently began working with...
OneBeacon Healthcare Names Craig as President; Promotes Wardell, Toomey
Aug 22 2016 // Brenda Craig has been appointed president of OneBeacon Healthcare Group. In this role, Craig is accountable for professional liability business targeting hospitals, physicians and physician groups, medical facilities,...
Alberta Wildfires Could Hit Canada Economy Harder than Hurricane Katrina in US
May 10 2016 // Intact Financial Corp. may post insured losses of as much as C$1.1 billion ($850 million) from the wildfires in Alberta, which could dent the Canadian economy harder than Hurricane Katrina hit the U.S. Intact,...
Canada’s Intact Financial Corp. Invests in Metromile, Pay-Per-Mile Insurer
Feb 17 2016 // Intact Financial Corp. has made a strategic investment in Metromile, a San Francisco-based provider of pay-per-mile car insurance. Toronto-based IFC, which is the largest provider of property & casualty insurance in...
OneBeacon Launches Coverage for Community Health Centers
Jan 21 2016 // OneBeacon Healthcare Group, a member of OneBeacon Insurance Group, has launched a new federally qualified community health clinics and providers policy, which provides additional protection for potential gaps in the...
