Toronto, ON, Canada - November 18, 2013, Toronto, ON, Canada - Intact Financial Corp. has made a number of changes to the roles and responsibilities of members of the company's executive committee.
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Louis Gagnon, currently president and chief operating officer, will become president, service and distribution. He will oversee the development and the expansion of Intact Financial's direct operations, belairdirect and Grey Power, the expansion of its proprietary distribution network, and he will also continue to lead IFC's claims activities and its international business development initiatives.
Mr. Gagnon was appointed President and Chief Operating Officer of Intact Financial Corporation in September 2011. Hewas President of Intact Insurance from 2008 to 2011. He joined Intact Insurance as Senior Vice-President, Quebec division in January 2007. Prior to joining the Company, he was heading a brokerage with offices in Quebec and Ontario.
After working several years in the banking and consulting businesses, Mr. Gagnon began his insurance career in 1992. Between 2001 and 2006 he held several positions in various brokerage firms, including that of President of Inovesco. He was a member of the board of directors of the Regroupement des cabinets de courtage d'assurance du Quebec; he held the position of President of the RCCAQ from 2005 to 2006. During the same period he also acted as Director of the Insurance Brokers Association of Canada.
The company also announced that Mark Tullis, currently chief financial officer and senior vice-president, becomes executive vice-president, governance and capital management.
Prior to joining the Company in January 2006, Mr. Tullis was President of Institutional Businesses of ING Americas, and has held several other senior executive positions since joining ING Americas in September 1999.
Prior to joining the ING group of companies, Mr. Tullis was Executive Vice-President and Chief Actuary with Primerica, a subsidiary of Citigroup, from 1994 to 1999, where he was responsible for financial reporting, actuarial functions and reinsurance functions in connection with various Primerica companies.
Mr. Tullis has more than 30 years experience in senior positions within the insurance industry. He holds a Bachelor of Mathematical Sciences degree. He served as a director of the Company’s federal P&C insurance subsidiaries from 2000 to the beginning of 2006.
The company also announced that Louis Marcotte, currently senior vice-president, strategic distribution, is appointed senior vice-president and chief financial officer.
Mr. Marcotte was appointed to the Executive Committee in May 2012. He has more than 25 years of progressive international experience in financial management with expertise in mergers and acquisitions, financing, system implementation, public reporting and tax planning.
Mr. Marcotte is a graduate of McGill University, a Fellow of the Quebec Order of CPA’s and serves as President and Chairman of the Quebec Chapter of Financial Executive International Canada.
The company also announced that Marc Pontbriand, currently president, direct-to-consumers distribution, will retire at the end of the year after a successful career with Intact Financial.
As President of Direct to Consumers Distribution, Mr. Pontbriand is responsible for the operations of belairdirect and Grey Power. Since joining the Company in 1998, he has held a number of senior positions within the insurance subsidiaries and at the corporate level.