The property and casualty mutual said it plans to strengthen the products and services it offers to Canadian families an
Intact Financial subsidiary acquires three firms and one book of business in 2024 so far.
Valérie Lavoie, president of Desjardins General Insurance, explains the timely acquisition of ICPEI.
Approximately 16,000 accounts to be transferred upon transaction’s completion.
This marks its second acquisition in Ontario since the start of the year.
The financial institution has been a minority shareholder in the insurer since February 2023.
The acquired firm sells personal and commercial lines insurance.