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 1. News & Insights
 2. News Releases
 3. Intact Insurance Group USA LLC Completes Acquisition of Managing General
    Agent Highland Insurance Solutions

Intact Insurance Group USA LLC Completes Acquisition of Managing General Agent
Highland Insurance Solutions
News Release
August 1, 2022


PLYMOUTH, Minn., Aug. 1, 2022 /PRNewswire/ -- Intact Insurance Group USA LLC
(Intact), doing business under the brand name Intact Insurance Specialty
Solutions, announced today that it has completed the acquisition of Highland
Insurance Solutions ("Highland"), the U.S. construction division of Tokio Marine
Highland (TMH), from Tokio Marine Kiln (TMK), having received all required
regulatory approvals and all other closing conditions having been met. 

"We are pleased to officially welcome Rick Girden, Kaileigh Bowe and the entire
Highland team to Intact," says T. Michael Miller, Chief Executive Officer,
Global Specialty Lines, Intact. "Highland is a strategically aligned acquisition
for Intact Global Specialty Lines - it expands our specialty offering and
supports our growth, distribution, and outperformance objectives. With the
closing of the transaction, we shift our focus to onboarding the Highland
platorm to Intact, supporting the team and leveraging their expertise to grow
the business and outperform."

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.

About Intact Insurance Specialty Solutions: Throughout the United States, Intact
Insurance Specialty Solutions' underwriting companies offer a broad 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; entertainment; environmental; excess property;
financial institutions; financial services; inland marine; management liability;
ocean marine; technology; and tuition refund. For further information about U.S.
products and services visit: intactspecialty.com.

Intact Insurance Specialty Solutions is the marketing brand for the insurance
company subsidiaries of Intact Insurance Group USA LLC, a subsidiary of Intact
Financial Corporation (TSX: IFC), the largest provider of property and casualty
insurance in Canada, a leading provider of global specialty insurance, and, with
RSA, a leader in the U.K. and Ireland. The insurance company subsidiaries of
Intact Insurance Group USA LLC include Atlantic Specialty Insurance Company, a
New York insurer, Homeland Insurance Company of New York, a New York insurer,
Homeland Insurance Company of Delaware, a Delaware insurer, OBI America
Insurance Company, a Pennsylvania insurer, OBI National Insurance Company, a
Pennsylvania insurer, and The Guarantee Company of North America USA, a Michigan
insurer. Each of these insurers maintains its principal place of business at 605
Highway 169 N, Plymouth, MN 55441, except The Guarantee Company of North America
USA, which is located at One Towne Square, Southfield, MI 48076. For information
about Intact Financial Corporation, visit: intactfc.com.


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 * Underwriting Companies

© 2022Intact Insurance Group USA LLC

Intact Insurance Specialty Solutions is the marketing brand for the insurance
company subsidiaries of Intact Insurance Group USA LLC. Coverages may be
underwritten by one of the following insurance companies: Atlantic Specialty
Insurance Company, a New York insurer; Homeland Insurance Company of New York, a
New York insurer; Homeland Insurance Company of Delaware, a Delaware insurer;
OBI America Insurance Company, a Pennsylvania insurer; OBI National Insurance
Company, a Pennsylvania insurer; or The Guarantee Company of North America USA,
a Michigan insurer. Each of these insurers maintains its principal place of
business at 605 Highway 169 N, Plymouth, MN 55441, except The Guarantee Company
of North America USA, which is located at One Towne Square, Southfield, MI
48076. This material is intended as a general description of certain types of
insurance coverages and services. Coverages and availability vary by state;
exclusions and deductibles may apply. Please refer to your insurance policy or
consult with your independent insurance advisor for information about coverages,
terms and conditions. Some coverage may be written by a surplus lines insurer
through a licensed surplus lines broker. Surplus lines insurers do not generally
participate in state guaranty funds and insureds are therefore not protected by
such funds.