Insurance Corporation of the Channel Islands has today announced it will rebrand and change its trading name to Intact Insurance by the end of 2025.
Established in 1982, Insurance Corporation (part of RSA) was acquired by Intact Financial Corporation in 2021.
Intact Financial Corporation is the largest provider of Property & Casualty insurance in Canada, and a provider of Commercial Lines in the UK and Ireland. It has grown organically and through acquisitions to almost CAD$24 billion of total annual direct premiums written, with a global team of 31,000 employees.
Charles Brindamour, CEO, Intact Financial Corporation said: “The transformation of the UK business since it was acquired by Intact in 2021 has been exceptional. Intact has a global footprint with big aspirations for the future and RSA is already a significant contributor.
“Aligning under the Intact brand is a natural next step in our strategy to strengthen our leading position in the UK, Europe and Ireland.”
Mark Marshall (pictured), Managing Director, Insurance Corporation commented: “Being part of a larger group has always been a benefit to Insurance Corporation. As part of Intact, we operate in an increasingly interconnected world and having a brand that unites our businesses globally will help in our ambition to outperform the market.
“This ambition will cement our place as the number one local insurer across the Channel Islands by leveraging Intact’s global footprint as well as our own unique local footprint.”
