Business insurance · Canada
Intact Insurance
Intact Financial's Canadian P&C insurer: commercial and contractor coverage sold through brokers
Market position
Intact Insurance is the Canadian insurance brand of Intact Financial Corporation (TSX: IFC), which describes itself as the largest provider of property and casualty insurance in Canada and reports $25 billion in total annual operating direct premiums written. For trades, Intact offers commercial coverage for contractors and construction businesses, including commercial general liability and surety bonds. Intact says it works with more than 6,000 independent broker offices across Canada.
Canada-specific note
Business policies are arranged through independent insurance brokers rather than bought online from Intact directly; the broker handles quotes, renewals, changes and claim support. Intact's construction coverage is split into Contractor and Project Construction packages.
Pros
- + Large Canadian P&C carrier (Intact Financial, TSX-listed)
- + Contractor and construction coverage, including liability and surety bonds
- + Nationwide broker network (more than 6,000 broker offices, per Intact)
Cons
- − No direct online quotes for business insurance: a broker is required
- − No public prices; premiums depend on trade, coverage and broker
- − Terms and service vary by broker
Typical Canada pricing
Quote-based through independent brokers; no public prices
Why this matters for Canada trades
Provinces and territories are responsible for apprenticeship training and trade certification; a Red Seal endorsement on a provincial or territorial certificate shows the holder passed the Red Seal exam but does not by itself certify anyone to carry on a trade. In Ontario, working in one of the 23 compulsory trades needs a valid Certificate of Qualification from Skilled Trades Ontario (or a provisional certificate or registered training agreement), only ESA-licensed contractors may do electrical work for hire, TSSA registers fuels contractors and certifies gas technicians, and WSIB says people who own or run a construction business must, with some exceptions, have WSIB coverage and register. The Canadian payroll tools listed here say they handle CRA remittances and Records of Employment; Quebec payroll adds Revenu Québec remittances, QPP, QPIP and RL-1 reporting, which not every tool covers.
Canadian trades vendor selection is shaped by provincial and territorial trade certification (with the interprovincial Red Seal endorsement), provincial safety regulators and workplace insurance boards such as Ontario’s ESA, TSSA and WSIB, CRA payroll remittances, GST, HST and PST (some provinces charge GST and PST separately), and separate Quebec payroll rules (Revenu Québec, QPP, QPIP). Several software vendors listed here publish prices in US dollars.
Frequently asked
Is Intact Insurance a good fit for Canada trades?
Intact Insurance is the Canadian insurance brand of Intact Financial Corporation (TSX: IFC), which describes itself as the largest provider of property and casualty insurance in Canada and reports $25 billion in total annual operating direct premiums written. For trades, Intact offers commercial coverage for contractors and construction businesses, including commercial general liability and surety bonds. Intact says it works with more than 6,000 independent broker offices across Canada. Business policies are arranged through independent insurance brokers rather than bought online from Intact directly; the broker handles quotes, renewals, changes and claim support. Intact's construction coverage is split into Contractor and Project Construction packages.
What does Intact Insurance cost in Canada?
Quote-based through independent brokers; no public prices. Pricing and availability can change by region; confirm current Canada pricing on the vendor's site before committing.