Investor Presentaiton
•
Acquisition of Canadian Direct
Background
Announced February 10, 2015
$143 million in DPW
Broadens direct presence for IFC
Facilitates objective to double direct
capabilities
.
Progress
The transaction closed on May 1, 2015
and integration efforts are underway
Targeting annual expense synergies of
$10 million after-tax, and expect our run-
rate to reach this level by mid-2017
IRR estimated above 15%
Track record of strong underwriting
results
Acquisition of CDI adds meaningful presence in Western Canada
2014 IFC Direct Channel: $975M DPW*
Direct Channel pro forma with CDI: $1.1B DPW*
30%
9%.
2%
59%
7%
8%
8%
51%
26%/
Ontario Quebec
Atlantic
Alberta ■B.C.
* Includes Anthony Insurance and InnovAssur
Intact Financial Corporation
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