Intact Financial Corporation Announces Leadership Changes

TORONTO, Dec. 14, 2017 /PRNewswire/ - Charles Brindamour, Chief Executive Officer of Intact Financial Corporation (TSX: IFC) today announced changes to the roles and responsibilities of members of the company's leadership team, effective January 1, 2018.

"With consumer expectations changing at an accelerated pace and our recent entry into the U.S. market we are better positioning ourselves to adapt to our new North American scope, accelerate our customer driven transformation, optimize our distribution of services to Canadians across all channels and build on our outstanding talent," said Charles Brindamour, CEO.

Building on his deep knowledge of all distribution channels and disruptive mindset, Louis Gagnoncurrently President, Service and Distribution will become President of Canadian Operations, overseeing all channels in addition to Personal and Commercial Lines and our Marketing operations.

Leveraging his extensive knowledge of specialty lines and proven track record of execution, as recently announced, Mike Miller continues as President of U.S. Operations and North American Specialty Lines.

Building on his considerable knowledge of claims, IT, data and large operations, Mathieu Lamy will become Chief Operating Officer for IFC, with North American accountability for Claims, Technology, Intact Lab and Data Lab, Ventures and People operations.

Louis Gagnon, Mike Miller and Mathieu Lamy will report to Charles Brindamour.

Jean-Francois Blais currently President of Intact Insurance will be retiring from Intact, following a considerable contribution to the business. He joined the company six years ago through the AXA Canada acquisition, playing a pivotal role in the successful transition of employees and brokers. 

"I would like to acknowledge and thank Jean-Francois Blais for his contributions over the past six years. He has made a strong impact in the broker network and played a pivotal role in the development of Intact Insurance," added Charles Brindamour.

About Intact Financial Corporation

Intact Financial Corporation (TSX: IFC) is the largest provider of property and casualty (P&C) insurance in Canada and a leading provider of specialty insurance in North America, with close to $10 billion in total annual premiums. The Company has over 13,000 full- and part-time employees who serve more than five million personal, business, public sector and institutional clients through offices in Canada and the U.S. In Canada, Intact distributes insurance under the Intact Insurance brand through a wide network of brokers, including its wholly-owned subsidiary BrokerLink, and directly to consumers through belairdirect. In the U.S., OneBeacon Insurance Group, a wholly-owned subsidiary, provides specialty insurance products through independent agencies, brokers, wholesalers and managing general agencies.

SOURCE Intact Financial Corporation