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Intact Insurance Group USA Closes Acquisition of Construction-Focused Highland Insurance.

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Vincent

MANews-(C)2009-2022

Minnesota, US-based Intact Insurance Group USA LLC, doing business under the brand name Intact Insurance Specialty Solutions, has completed the acquisition of managing general agent Highland Insurance Solutions, the US construction division of Japan's Tokio Marine Highland, from Tokio Marine Kiln, the group said.

Highland will operate as a standalone managing general agent, available to serve the risk management needs of its clients and broker partners through its current select markets, and now additionally though Intact.

Highland is a managing general agent specializing in the wood frame builders risk segment of the construction market and will expand Intact's portfolio of owned distribution assets.

Throughout the United States, Intact Insurance Specialty Solutions' underwriting companies offer a range of specialty insurance products through independent agencies, regional and national brokers, wholesalers and managing general agencies.

Each business is managed by an experienced team of specialty insurance professionals focused on a specific customer group or industry segment and providing distinct products and tailored coverages and services.

Targeted solutions include group accident and health; commercial and contract surety...

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