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Canada's Outstanding CEO of the Year: Intact Financial's Charles Brindamour
Intact has 'quietly' become Canada's largest provider of property and casualty insurance and Brindamour, 51, is a company lifer
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Dig a little bit into Charles Brindamour’s 14-year reign as Intact Financial Corp.’s chief executive and the word “quietly” often pops up.
As in, the company has “quietly” become the country’s largest provider of property and casualty (P&C) insurance.
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Sure, insurance may not be the most exciting industry, but how quiet can you be when you spent $5.2 billion for RSA Insurance PLC, a London-based industry giant, last June, growing premiums to $20 billion from $12 billion in the process.
Or how about buying AXA Canada for $2.6 billion in 2011, the largest P&C acquisition in the country at the time.
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