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Intact Financial acquires Canadian Direct Insurance

Fasken
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Overview

Client

Intact Financial Corporation

Intact Financial Corporation announced that it has completed its acquisition of Canadian Direct Insurance Incorporated. CDI wrote approximately $140 million in home and auto premiums in 2014, and was the winner of the 2014 Consumer Choice award for Home and Auto Insurance in Vancouver and the surrounding area. Intact Financial Corporation was advised by Fasken Martineau with a team that includes the following lawyers: Robert McDowell, Koker Christensen and Marvin Mikhail (corporate and regulatory), Sean Farrell (securities), Ralph Nero (employment), Peggy McCallum (pension and benefits), Andrew Nunes and Michael Shour (information technology), Douglas New (competition), Kathleen Hanly and Paul Casuccio (tax), May Cheng (IP), Daniel Fabiano (privacy) and Paul King (real estate).

Team

  • Koker Christensen, Partner | CO-LEADER, FINANCIAL SERVICES, Toronto, ON, +1 416 868 3495, kchristensen@fasken.com
  • Peggy A. McCallum, Counsel, Toronto, ON, +1 416 865 4372, pmccallum@fasken.com
  • Andrew S. Nunes, Partner | CO-LEADER, TECHNOLOGY, MEDIA AND TELECOMMUNICATIONS, Toronto, ON, +1 416 865 4510, anunes@fasken.com
  • Douglas C. New, Partner, Toronto, ON, +1 416 865 4414, dnew@fasken.com
  • Paul V. Casuccio, Partner, Toronto, ON, +1 416 868 3491, pcasuccio@fasken.com