Intact Financial Corporation announces Executive Appointments

TORONTO, Nov. 15, 2013 /CNW/ - Charles Brindamour, Chief Executive Officer of Intact Financial Corporation (TSX: IFC) today announced a number of changes to the roles and responsibilities of members of the company's Executive Committee.

Louis Gagnon, currently President and Chief Operating Officer, will become President, Service and Distribution. In his new role, he will oversee the development and the expansion of Intact Financial Corporation's direct operations - belairdirect and Grey Power- as well as the expansion of its proprietary distribution network. He will also continue to lead IFC's claims activities and its international business development initiatives.

Mark Tullis, currently Chief Financial Officer and Senior Vice President, becomes Executive Vice President, Governance and Capital Management. In his new role, he will be responsible for the development of an integrated approach to the company's oversight functions. As a result, he will oversee IFC's finance, compliance, legal and audit activities. He will also assume greater responsibilities in the strategic management of the company's capital by overseeing its investment management activities.

Louis Marcotte, currently Senior Vice President, Strategic Distribution, is appointed Senior Vice President and Chief Financial Officer.

Marc Pontbriand, currently President Direct to Consumers Distribution, will retire at the end of the year after a successful career with Intact Financial Corporation.

Given the successful integration of AXA Canada and Jevco, Jean-François Blais, President of Intact Insurance, will continue to lead the company's development and expansion within the insurance broker channel by building upon its expanded offering, capabilities and expertise.

These changes will become effective December 1.

About Intact Financial Corporation

Intact Financial Corporation is the largest provider of property and casualty insurance in Canada. Intact offers home, auto and business insurance through Intact Insurance, belairdirect, Grey Power, BrokerLink and Jevco.

SOURCE: Intact Financial Corporation