Nov 15, 2023 / 03:00PM GMT
Tom MacKinnon - BMO Capital Markets Equity Research - MD & Analyst
Good morning. I'm Tom MacKinnon, covering insurance, asset managers and diversified financials in Canada here at BMO Capital. And this morning, we're delighted to have Charles Brindamour, CEO of Intact Financial, for a virtual fireside chat.
Charles Joseph Gaston Brindamour - Intact Financial Corporation - CEO & Director
I'm glad to be with you. Thanks for inviting me.
Questions and Answers:
Tom MacKinnon - BMO Capital Markets Equity Research - MD & AnalystFor sure. And thanks for participating here. Hey, let's start with some recent Intact developments. And that one would be the Direct Line acquisition here, commercial lines business in the U.K. Why the acquisition? What does it bring to the table? And what do you like? And what do you dislike about the U.K. commercial lines market?
Charles Joseph Gaston Brindamour - Intact Financial Corporation - CEO & Director
I mean first, at the