TORONTO, March 4, 2021 /CNW/ –
- Scott Egan will remain as CEO of RSA UK & International following completion of the proposed takeover by Intact Financial Corporation, currently expected in the second quarter of 2021
- Egan will sit on the Executive Committee of Intact Financial Corporation, reporting to Chief Executive Officer Charles Brindamour
Intact Financial Corporation (TSX: IFC) today confirmed that Scott Egan will remain as Chief Executive of RSA’s UK and International business following completion of their proposed acquisition of RSA Insurance Group PLC. Subject to the receipt of relevant regulatory approvals, the takeover is currently expected to complete in the second quarter of this year.
Charles Brindamour, CEO, Intact Financial Corporation said:
“Scott Egan has done an excellent job as CEO of RSA’s UK and International business over the last two years. He has built a great team and culture and significantly improved performance. I am delighted to welcome Scott to Intact upon completion of the deal and look forward to working with him to drive future success in the UK and International business.”
Scott Egan, CEO, RSA UK and International said:
“The UK&I business has made real progress in the last two years, and our focus is on maintaining this momentum. RSA’s people are passionate about improving for our customers alongside continuing to strengthen our financial performance, and our future as part of Intact will enable us to do both at an accelerated…