Intact to buy AXA Canada
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Intact Financial Corporation has announced that it has signed a definitive agreement with Paris-based AXA Group for the acquisition of its affiliate AXA Canada, the 6th largest home, auto and business insurance company in the country. The transaction is expected to close in June and the transition of operations to take place over the following 24 months.
While few details are available right now, we can assure you there is no change in coverage or service levels regarding your AXA policy. As your insurance broker, Schill Insurance will continue to operate in the best interests of its clients. As always, if you have any questions or concerns regarding your policy please contact your client service representative.