Intact offers relief to personal auto
customers in Canada in response to
the second wave of the COVID-19 pandemic.
TORONTO, March 18, 2021 /CNW/ - As COVID-19 continues to
impact Canadians, Intact Financial Corporation (TSX:IFC) is
committed to helping customers affected by the evolving pandemic.
"Our purpose is to help people, businesses and society prosper
in good times and be resilient in bad times. For more than a year,
the pandemic has tested the resilience of individuals and society.
This latest wave has been even more challenging," said Louis Gagnon, President Canadian Operations,
Intact Financial Corporation. "As a company, we came into this
pandemic on strong footing and are in a position to continue
helping our customers."
This new and additional support will be targeted to customers in
need whose driving habits have changed during the latest COVID-19
wave, including those commuting for essential reasons. Through this
program, personal auto customers who apply will be able to request
relief equivalent to one month of their auto premium. Relief is
available to all customers in the Intact family of brands.
To access relief funds, Intact Insurance and belairdirect
customers can apply through Client Centre or through the app and
receive funds quickly via secure Interac e-Transfer. Intact
Insurance customers can also contact their broker.
Today's announcement is intended to complement existing and
ongoing measures to best protect people and support customers most
impacted by the pandemic. Through usage-based insurance (UBI)
programs such as Intact Insurance's my Drive™ and
belairdirect's automerit, customers receive personalized
feedback and tips to help improve their safe driving. These unique
tools provide customers with the opportunity to further reduce
costs due to decreased driving during the pandemic and earn up to
25% off their auto insurance premium.
This new support is in addition to the $530 million announced to date, that has helped
more than 1.2 million personal and business customers across the
country. This includes $50 million of
relief to more than 100,000 of its small business customers through
the Intact Small Business Relief Program.
About Intact Financial Corporation
Intact Financial Corporation is the largest provider of property
and casualty (P&C) insurance in Canada and a leading provider of specialty
insurance in North America, with
over $12 billion in total annual
premiums. The Company has over 16,000 employees who serve more than
five million personal, business and public sector 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. Frank Cowan Company, a
leading MGA, distributes public entity insurance programs including
risk and claims management services in Canada.
In the U.S., Intact Insurance Specialty Solutions provides a
range of specialty insurance products and services through
independent agencies, regional and national brokers, wholesalers
and managing general agencies. Products are underwritten by the
insurance company subsidiaries of Intact Insurance Group
USA, LLC.
SOURCE Intact Financial Corporation