Intact invests $2.25
million over five years to create cybersecurity hub
MONTREAL, Oct. 2, 2024
/CNW/ - Intact Financial Corporation (TSX: IFC) is pleased to
announce a $2.25 million investment
over five years to support the creation of the Intact Cybersecurity
Hub – a cybersecurity expertise centre at the Université de
Sherbrooke in Quebec. Through the partnership, Intact is
leading the way in investing in research, training and public
education to help society become more cyber and digitally
resilient.
"Building resilience is part of our purpose. As Canada's largest property and casualty
insurer, the increasing threats that cyber represents for families
and businesses is top of mind for us," says Patrick Barbeau, Chief Operating Officer, Intact
Financial Corporation. "We know that to tackle this issue we need a
collaborative approach to gain a deeper understanding of emerging
cybersecurity risks and to invest in meaningful solutions."
The Intact Cybersecurity Hub will focus on three main pillars:
research, training and knowledge-sharing with Canadians through a
public hub. The collaboration will provide several benefits to
society including: discovering new threat detection techniques;
moving advancements faster from ideas to application; and sharing
knowledge to increase society's resilience. By building strong
relationships with leading universities, Intact is also fostering
the next generation of cybersecurity experts.
"This partnership is not just about technology; it's about
people. Collaboration and sharing practices and knowledge are
essential to stay updated with the latest innovations – and to
build a more cyber secure and resilient future for our company, our
customers and our communities," added Mr. Barbeau.
Intact leading the way on digital
excellence
Intact is at the cutting edge of innovation and technology
building on over a decade of strategic investments in digital
acceleration, artificial intelligence (AI), machine learning, and
customer experience.
Intact's goal is to be the best AI insurance shop in the world
and to have three out of four customers digitally engaged. In 2016,
Intact created its Lab and has close to 1,000 specialists in
artificial intelligence, data, digital, customer and user
experience – all working together towards a common goal of
accelerating customer driven offerings and delivering
second-to-none experiences.
About Intact Financial
Corporation
Intact Financial Corporation (TSX: IFC) is the largest provider
of property and casualty (P&C) insurance in Canada, a leading provider of global specialty
insurance, and, with RSA, a leader in the U.K. and Ireland. Our business has grown organically
and through acquisitions to over $22 billion of total annual
premiums.
In Canada, Intact distributes
insurance under the Intact Insurance brand through agencies and a
wide network of brokers, including its wholly owned subsidiary
BrokerLink. Through belairdirect, Intact distributes directly to
consumers. Intact also provides affinity insurance solutions
through affinity groups, travel insurance, as well as exclusive and
tailored offerings through Intact Prestige.
In the U.S., Intact Insurance Specialty Solutions provides a
range of specialty insurance products and services through
independent agencies, regional and national brokers, and
wholesalers and managing general agencies.
In the U.K., Ireland, and
Europe, Intact provides personal,
commercial and/or specialty insurance solutions through the RSA,
NIG and FarmWeb brands.
SOURCE Intact Financial Corporation
