Joseph Annunzio - Intact Financial President
| IFC Stock | CAD 288.50 5.43 1.92% |
President
Mr. Joseph D Annunzio is Senior Vice President Brokerlink of the Company. In this role, he is responsible for leading a new national department to increase its focus on growing its commercial lines specialty solutions business. Mr. DAnnunzio will work with brokers to reinforce Intacts commitment and support them in meeting the changing needs of their customers. Prior to this appointment, Mr. DAnnunzio was Regional Vice President of the Mississauga region, responsible for the performance of the Regional Operation and 160 Brokers in all lines of the Property and Casualty business. During his term in Mississauga, Joe oversaw the business integration of the AXA and Jevco insurance companies in the Mississauga region, growing sales from 200 million to 530 million . Joe joined Intact through the Zurich acquisition in 2002. Mr. DAnnunzio has held a variety of roles across the business, including Regional Vice President of Ottawa and Northern Ontario region, Regional Vice President of Durham region and Vice President of Ontario Novex Personal Lines. Prior to joining Intact, he was Vice President of National Sales at Zurich Canada. He has more than 22 years of industry experience including running a brokerage and being Regional Manager for a major U.S. insurer. Mr. DAnnunzio graduated with a Business Degree from Brock University and also studied Business Administration at University of California, Los Angeles. since 2018.
| Tenure | 7 years |
| Phone | 866 941 5094 |
| Web | https://www.intactfc.com |
Intact Financial Management Efficiency
The company has return on total asset (ROA) of 0.0368 % which means that it generated a profit of $0.0368 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1316 %, meaning that it generated $0.1316 on every $100 dollars invested by stockholders. Intact Financial's management efficiency ratios could be used to measure how well Intact Financial manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
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Management Performance
| Return On Equity | 0.13 | |||
| Return On Asset | 0.0368 |
Intact Financial Leadership Team
Elected by the shareholders, the Intact Financial's board of directors comprises two types of representatives: Intact Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Intact. The board's role is to monitor Intact Financial's management team and ensure that shareholders' interests are well served. Intact Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Intact Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Louis CPA, Executive CFO | ||
| Robert Leary, Independent Director | ||
| Emmanuel Dromantin, Chief Lines | ||
| Jennifer Beaudry, Ma Relations | ||
| Maude Choquette, Senior Auditor | ||
| Luisa Currie, Senior Vice President - Western Canada | ||
| Werner Muehlemann, Senior Vice President Managing Director of Intact Investment Management Inc | ||
| Sonya Cote, Senior Vice President and Chief Internal Auditor | ||
| MarieLucie Paradis, Senior Operations | ||
| Mark Tullis, Executive Vice President - Governance and Capital Management | ||
| Isabelle Girard, Senior Vice President - Personal Lines | ||
| Lynn OLeary, President US | ||
| Imen Zitouni, Senior Officer | ||
| Patrick Barbeau, Senior Vice President - Claims | ||
| Carol Stephenson, Independent Director | ||
| Charles BSc, CEO Director | ||
| Louis MBA, Chief Canada | ||
| Frederic Cotnoir, Senior Vice President - Corporate and Legal Services, Secretary | ||
| Kenneth Norgrove, Chief UKI | ||
| Darren Godfrey, Senior Vice President - Commercial Lines, Intact Insurance | ||
| William Young, Independent Director | ||
| Karim Hirji, Senior Vice President, Managing Director, Intact Ventures | ||
| Shubha Khan, Vice Relations | ||
| Anne Fortin, Senior Vice President - Sales and Marketing, Direct to Consumer Distribution of the Company | ||
| Peter Weightman, Senior Vice President and Chief Underwriting Officer, Specialty Solutions, North America | ||
| Erik Janssens, Senior Solutions | ||
| Kenneth Anderson, Senior Vice President - Investor Relations and Corporate Development | ||
| Lucie Martel, Chief Human Resource Officer, Senior Vice President | ||
| Sylvie Paquette, Independent Director | ||
| Frederick Singer, Independent Director | ||
| Timothy Penner, Independent Director | ||
| Claude Dussault, Independent Chairman of the Board | ||
| Timothy Miller, President - U.S. Operations and North American Specialty Lines | ||
| Louis Gagnon, President - Service and Distribution | ||
| Louis Marcotte, Chief Financial Officer, Senior Vice President | ||
| Jane Kinney, Independent Director | ||
| JeanFrancois Desautels, Senior Vice President - Quebec and Digital Distribution, Intact Insurance | ||
| Natalie Higgins, Senior Vice President - Atlantic Canada | ||
| Carla Smith, Senior Vice President - Specialty Solutions, Canada | ||
| Janet Silva, Independent Director | ||
| Joseph Annunzio, Senior Vice President - Specialty Solutions and Surety | ||
| Mathieu Lamy, COO - North American Accountability For Claims, Technology, Intact lab and Data Lab, Ventures, and People Operations | ||
| David Tremblay, Deputy Senior Vice President and Chief Investment Officer, Intact Investment Management Inc | ||
| Geoff Kwan, Deputy Officer | ||
| Charles Brindamour, Chief Executive Officer, Director | ||
| Stephen Snyder, Independent Director | ||
| Debbie CoullCicchini, Executive Vice President of Intact Insurance Company | ||
| Martin Beaulieu, Senior Vice President and COO - Direct to Consumers Distribution | ||
| Benoit Morissette, Senior Vice President and Group Chief Actuary | ||
| Stephanie Lee, Senior Counsel |
Intact Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Intact Financial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.13 | |||
| Return On Asset | 0.0368 | |||
| Profit Margin | 0.08 % | |||
| Operating Margin | 0.21 % | |||
| Current Valuation | 56.7 B | |||
| Shares Outstanding | 178.34 M | |||
| Shares Owned By Insiders | 0.30 % | |||
| Shares Owned By Institutions | 56.56 % | |||
| Number Of Shares Shorted | 686.83 K | |||
| Price To Earning | 23.54 X |
Pair Trading with Intact Financial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Intact Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Intact Financial will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Intact Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Intact Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Intact Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Intact Financial to buy it.
The correlation of Intact Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Intact Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Intact Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Intact Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Intact Stock
Intact Financial financial ratios help investors to determine whether Intact Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Intact with respect to the benefits of owning Intact Financial security.