News entreprises
RSA Luxembourg S.A. announces that following a successful two-year term as CEO Luxembourg, Lynn O’Leary will return to the U.S. to oversee Intact’s Specialty Lines business as President, U.S. in Q1 2025.
“Lynn led the transformation of our Europe business to be a focused specialty lines market,” said T. Michael Miller, CEO, Global Specialty Lines, Intact. “In that time, Lynn and the team renewed key trading relationships and delivered new specialty verticals to brokers and customers, centered around the expertise of our local teams. I would like to thank Lynn for her leadership and look forward to her continued contribution to our global specialty lines objectives in the U.S.”
Nadia Cote will succeed Lynn O’Leary as CEO Europe following receipt of regulatory approvals and will also have management responsibility for our Specialty Lines UK business. Ms. Cote has led an exemplary 25+ year insurance career focused on commercial and specialty lines. She has held senior leadership positions in France, in the UK and across Continental Europe after starting her career in Canada.
“We welcome Nadia to Intact and our Global Specialty Lines group,” said Mr. Miller. “Nadia is a well-known industry leader, and we are pleased to have her lead our Europe and UK Specialty Lines groups. She brings established and long-standing relationships with key trading partners whereby we can create regional and global opportunities for customers and continued growth. She will lead our teams and continue to expand our solutions and capabilities, highlight our expertise in underwriting, risk control and claims, while outperforming on profitability in the UK and Europe.”
Louis Marcotte, who recently announced he will step down as CFO for Intact Financial Corporation (TSX:IFC) and will become IFC Vice Chair, will serve as Interim CEO Europe for a short period to assist with the leadership transition between Ms. O’Leary and Ms. Cote.
“Our European and UK specialty lines businesses are strong – the expertise of our underwriting, risk control and claims teams, the breadth of products and multinational capabilities, and our financial performance,” added Mr. Miller. “I am confident that Nadia and the team will continue building on our strong broker and customer partnerships.”