Intact donates $1.35
million to help Toronto's
most impacted neighbourhoods and support their vaccination
efforts
TORONTO, May 5, 2021 /CNW/ - Intact Financial Corporation
(TSX: IFC) is donating $1.2 million
to United Way Greater Toronto to help people and communities who
have been most affected by the COVID-19 pandemic. Intact is also
donating $150,000 to the City of Toronto to support the vaccination
effort in hotspot neighbourhoods.
"We know the pandemic has been tough for many people, businesses
and society – especially this latest wave. From the start, we've
been focused on how we can help our customers with relief and
support the communities where we live and work," says Louis Gagnon, President Canadian Operations,
Intact Financial Corporation. "We're supporting individuals and
families who are most vulnerable to the effects of the pandemic. We
want to continue doing our part to help."
The donation to the City of
Toronto will be shared equally between two organizations
arranging transportation to drive residents in priority
neighbourhoods to vaccination clinics. This donation will allow the
Circle of Care for iRIDE and the Scarborough Centre for Health
expand the number of drivers, hours and services for seniors,
people with immunocompromised conditions, and people with
disabilities who don't qualify for Wheel Trans.
"On behalf of the City of
Toronto, I'd like to thank Intact Financial Corporation for
their generous donation," says Mayor John
Tory. "This support will help ensure the Circle of Care for
iRIDE and the Scarborough Centre for Health - our community
partners on the City's Vaccine Equity Transportation Plan - are
able to help more vulnerable residents get safely to their vaccine
appointment and back home."
In addition, Intact has given $1.2
million to United Way Greater Toronto to support their
efforts in helping the most vulnerable in the areas hardest-hit by
the pandemic. The donation is part of Intact's corporate match of
employees' donations to the 2020 annual giving campaign.
"Our work in neighbourhoods at the intersection of poverty,
equity and COVID-19 proves that investing in local solutions, with
and by community residents and agencies, makes a difference. Now,
as we are in a third wave, we're so grateful that generous and
forward-thinking companies like Intact are stepping up to ensure
those who need help most are receiving the support they so urgently
need – in their neighbourhood," says Daniele Zanotti, President & CEO, United Way
Greater Toronto.
Quick Facts:
- To date, Intact has donated $7
million to organizations across Canada to support individuals and families who
are most vulnerable to the effects of the pandemic
- For every $1 employees donated
during Intact's 2020 annual giving campaign, the Intact Foundation
contributed $2
- Intact has donated $3.5 million
to United Way Greater Toronto and other United Way organizations
across Canada
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. Intact Public Entities,
a Canadian Managing General Agent (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