Navacord enters specialty travel insurance space through partnership with AwayCare, Travel Guardian, and Colibri brands
TORONTO, ON, February 9, 2023 – Navacord Corp. is pleased to announce their first partnership of 2023 with Travel Guardian Insurance, AwayCare Ltd., and Colibri Assurance Voyage, effective February 1.
With offices in Ontario, Quebec, BC and Alberta, this group of companies operated by Tim Beaulieu, Chairman, and Ryan Beaulieu, President, is well-known for their specialization in travel insurance, as well as home and auto insurance offerings.
“We are proud to be the pathway for Navacord as they expand their presence in the travel insurance sector,” says Tim Beaulieu, Chairman of Travel Guardian, AwayCare and Colibri. “The travel insurance industry requires specialized levels of knowledge, care and effort to operate exceptionally. We are confident we can continue to grow Navacord’s expertise, and our business in this area, with our partnership.”
Since being taken over by Tim Beaulieu and Ryan Beaulieu, the Travel Guardian, AwayCare and Colibri group has grown to be one of the largest travel insurance brokers in Canada.
“This partnership marks a significant step for Navacord, not only because it is our first in 2023, but also because this group allows us to deepen our expertise in travel insurance and create new offerings for our broker partners and clients across Canada,” says T. Marshall Sadd, Executive Chairman, Navacord.
“Travel Guardian, AwayCare and Colibri stood out to us because they have demonstrated substantial business growth both organically and through their own partnerships, and understand what it takes to diversify and develop,” adds Shawn DeSantis, President and CEO, Navacord.
Navacord looks forward to advancing their operations in various niche markets and expects its growth in these areas to continue at a steadfast pace throughout 2023.
Founded in 2014 and headquartered in Toronto, Ontario, Navacord is one of Canada’s top four commercial insurance brokerages. With over $3 billion in premiums, Navacord stands as a leader in group insurance and risk management solutions. From commercial and personal insurance to surety, employee benefits and retirement consulting, Navacord leverages national strength and resources with the local-touch service of industry-specialized Navacord Broker Partners to deliver the trusted advice, expertise and custom insurance solutions clients need to face the future with confidence.
With a unique ownership model and value proposition, Navacord is the preferred partner for entrepreneurial insurance brokerages seeking to grow as a part of something bigger, while maintaining their distinct identity and culture.