At Navacord, entrepreneurship is in our DNA. Driven to grow their businesses and leverage scale without losing their identities to larger firms, industry leaders Jones DesLauriers Insurance Management Inc. and Lloyd Sadd Insurance Brokers, a third-generation family business, joined forces in 2014. The two established brands, with a proven track record for successful entrepreneurial growth and profitability, created Navacord to offer a unique ownership model and value proposition that benefits both clients and partners by combining a boutique experience with the backing and stability of a national firm.
This entrepreneurial spirit challenges the active M&A environment that has been changing the insurance landscape. Many small brokers are negatively impacted by acquisitions from large firms that strip them of their identity and local culture. Navacord preserves the independence of its partners, and builds on the deeply rooted, long-standing business relationships of its top experts and trusted advisors who are making a difference in the communities they serve.
Now one of the largest Canadian commercial insurance brokerages, with 90+ shareholders and growing, Navacord continues to aggressively pursue a forward-thinking approach to further enhance its sector expertise and help ensure clients’ success.
The Navacord Advantage
We focus on creatively servicing Canadian businesses with our nationwide network of over 400 dedicated and innovative employees. This allows Navacord to scale up, when needed, to influence top commercial markets.