Navacord has built on its presence in Manitoba and travel insurance through a deal with Medi-Quote Insurance Brokers (Medi-Quote).
Founded in 1994, Medi-Quote specialises in travel and medical insurance, mainly focusing on individual health and dental coverage and operating in Winnipeg and Calgary.
The partnership boosts Navacord's presence in Manitoba, with the broker having entered the province for the first time last year.
The deal represents Navacord's second in the travel insurance sector.
“Partnering with Medi-Quote allows us to tap into the vast potential of the travel insurance market while continuing to focus on our strategic growth initiatives that align with our long-term vision,” said Navacord executive chairman T. Marshall Sadd. “We are excited to add their product offerings so that we can capitalize on cross-sell opportunities for our personal insurance clients and continue to deliver remarkable service to our clients in Manitoba and Alberta.”
Medi-Quote president Lori Yorke said: “We're proud to bolster Navacord's capabilities in the unique and niche space of travel insurance. We look forward to partnering with Navacord and leveraging their national backing to further enhance our client experience and offerings.”
Last month, Navacord appointed Melanie Muise as president of personal & travel insurance.
