Navacord recently formed four broker partnerships in just one month – a record for the commercial insurance brokerage.
Representing a mix of P&C and group benefits brokers, Navacord’s new partners hail from all across Canada: Ing & McKee Insurance in Central Alberta; Navigo Financial Solutions in Oakville, and Risk Balance Inc. in Ottawa, Ontario. In addition, Navacord is expanding its broker partner operations with the addition of the group benefits and pension division of Owens MacFadyen Group (OMG) in the Maritimes, which opens up Selectpath Benefits and Financial branded branch offices in Nova Scotia and New Brunswick.
All the partnerships come into effect this month.
“As Navacord continues its growth trajectory with a strong mix of high-performing brokers in both the P&C and benefits sectors, we are also reinforcing the power of local-touch service, particularly in Canada’s distinct regional markets,” said Navacord executive chairman T. Marshall Sadd. “Each of these broker partners allows Navacord to expand on our existing expertise, while deepening critical local relationships within the unique communities they support and serve.”
According to a release, the partnerships and expansions demonstrate Navacord’s commitment to the continued growth of its broker partners and its focus on strengthening the “local-touch broker experience” across Canada’s markets.
“This recent round of additions proves that we deliver on the promise of our model, by helping brokers take their business to the next level as they grow with us, while underscoring the value and importance of in-touch, local representation,” commented Navacord president and CEO Shawn DeSantis. “We are excited to welcome each of these new broker partners into Navacord as we continue our vision of building the great Canadian brokerage.”
Following the recent broker additions, Navacord has seen a total of nine new partnerships, 18 new locations, and more than 430 additional employees this year.
