Intact Success Story
- With Tinubu, Intact was able to double its premium.
- Solution & service: Tinubu Credit Insurance and Tinubu's risk underwriting service.
1872
The Guarantee was founded in 1872 in Montréal
Canadian
Intact is a Canadian-owned company
Intact
In 2019, The Guarantee was acquired by Intact Financial Corporation
Montréal
Head offices of the company are located in Montréal
Offices
Intact has offices in Toronto, Quebec, Halifax, St John and Hamilton
Tinubu was very flexible and acted more as a partner than as a technology provider. They offered us a very unique cost structure based on a fixed and a variable option.”
Jay Rampersad
Vice President Credit Insurance, Intact
Since 1872, The Guarantee Company of North America, also known as The Guarantee offers insurance solutions to ensure ongoing protection for customers. The Guarantee is a leader in specialty insurance and surety within the North American marketplace. The company offers in-depth knowledge and expertise in niche segments, including the surety industry, corporate insurance, transportation industry, credit, and customized personal insurance.
In December 2019, The Guarantee Company of North America ("The Guarantee") was acquired by Intact Financial Corp.
Intact Insurance is Canada's largest home, auto, and business insurance company, the choice of more than four million consumers. Its coast-to-coast presence and its strong relationship with insurance brokers mean the company can provide the outstanding service, comfort, and continuity customers deserve. Intact Insurance is a member company of Intact Financial Corporation (TSX: IFC), the largest provider of property and casualty insurance in Canada and a leading provider of specialty insurance in North America.
The Guarantee wanted to shift from a challenger to the main player in the credit insurance market. As a small player in a very competitive credit insurance market in Canada, The Guarantee needed to find a partner able to deploy a high-standard end-to-end platform.
Meeting and working with the Tinubu team was the best thing that could have happened to us. What was unique about the team is that they all knew about credit insurance. We were not talking to software people unfamiliar with the industry, their expertise and the software was the right combination that we were looking for”.
Jay Rampersad
Vice President Credit Insurance, Intact
Doubling of premium base in 3 years
A high-standard end-to-portal to compete with market leaders
A variable pricing model indexed to the company's premium
And discover how after Tinubu, The Guarantee was able to double their premium.