Intact Financial

Intact Financial Corporation is a Canadian general insurance holding company that has existed since 2004. The company's principal subsidiaries are the Intact Insurance Company, Belair Insurance Company, and Royal & Sun Alliance Insurance. Intact was founded as a holding company for a group of Canadian insurance companies owned by the Dutch ING Group. The grouping originated in 1959 when ING's predecessor, Nationale-Nederlanden (NN), acquired the Halifax Insurance Company. In 1987 NN acquired the Western Union Insurance Company of Calgary, and in 1989 acquired the Quebec holding company Commassur Inc., which owned the Groupe commerce compagnie d'assurances and the Compagnie d'assurances Belair.

In 2004, ING merged all its Canadian insurance companies into a new holding company called ING Canada Inc. and made a public offering of 32 million shares of the new company, raising $907 million. In February 2009, ING sold its 70 per cent stake in ING Canada to retail and institutional investors for $2.2 billion. Following the sale, on 13 May 2009 the newly independent company renamed itself the Intact Financial Corporation.

As of 2017, Intact was the largest provider of property and casualty insurance in Canada by annual premiums. The company has over 16,000 employees and insures more than five million individuals and businesses through its insurance subsidiaries. In the J.D. Power 2015 Canadian Home Insurance Satisfaction Study, belairdirect was ranked highest in the Atlantic/Ontario region with a score of 799 and in the Quebec region with a score of 814 and Intact Insurance ranked third with a score of 791.