Takeover of RSA Plc
Following an approach last year to buy RSA, a consortium of Canadian firm Intact Financial Corporation, and Danish business Tryg A/S have now formally purchased all shares in the company. The various international RSA businesses are now owned by Intact or Tryg. For RSA Ireland part of RSA UK & International business, we are now owned by Intact, which is the largest provider of property and casualty (P&C) insurance in Canada and a leading provider of specialty insurance in North America
Customer policies are not impacted by this takeover, and all policies and any claims related to those continue to operate as before. People who need to get in touch with us about a policy or a claim should continue to do so in the usual way.
We will re-register our ‘Plc’ companies to become ‘Private Limited’ companies. In due course, these new companies will appear in our policy documents and other contracts and legal documentation. Our brands, registered offices and company numbers are unchanged.
Commenting on the takeover, Kevin Thompson RSA Insurance Ireland CEO said,:
“This is an exciting next chapter for RSA, and we are looking forward to being part of Intact, an organisation like ours, that puts customers to the forefront of everything they do.
“The expertise and ambition of Intact gives us a great opportunity to improve and accelerate our plans to deliver for our customers, partners and our people. Together I know we can make a positive difference both within the market and our wider social impact”.