Navacord Makes Historic Deal with First Manitoba Partner, ONYX Financial Group

Winnipeg skyline at night with Canadian Museum for Human Rights and Esplanade Riel Bridge, Winnipeg, Manitoba, Canada
Winnipeg skyline at night with Canadian Museum for Human Rights and Esplanade Riel Bridge, Winnipeg, Manitoba, Canada

TORONTO, ON, August 18, 2022 – Navacord Corp. is thrilled to announce their most recent partnership with ONYX Financial Group—their first-ever Broker Partner in the province of Manitoba, further bolstering their true coast-to-coast presence as a national insurance brokerage.

Headquartered in Winnipeg, ONYX Financial Group upholds a robust growth record with many partnerships of their own since being founded in 1997. ONYX’s vigorous portfolio encompasses benefits consulting and wealth management services, and they have fortified a well-known presence within Manitoba and NW Ontario because of their depth in expert advisors and risk management solutions.

David Holm, Martin Hulme, Chris Chornick, and Jeff Caligiuri, Partners at ONYX Financial Group, shared that: “Navacord was our partner of choice because they demonstrate common values, understand our history, and share our vision for the future.”

ONYX’s leadership group is confident that this partnership will spur more growth and that Navacord will serve as an anchor for them while they continue to build in Manitoba, NW Ontario and beyond with the support of Navacord’s national resources.

“We are excited to partner with ONYX, not only because of their presence in Manitoba and NW Ontario, but also because their story demonstrates a trailblazing nature that truly aligns with Navacord’s entrepreneurial spirit and values,” says T. Marshall Sadd, Executive Chairman, Navacord. “ONYX marks a significant step for Navacord as we enter into a new region.”

“ONYX presents an ambitious growth story of which they should be extremely proud,” says Shawn DeSantis, President and CEO, Navacord. “Their spirit attracted our attention, and we are ecstatic to commemorate our first Manitoba partnership with such an exemplary local firm.”

The integrated benefits and wealth management firm takes pride in the business they do with small, medium and large-sized enterprises, delivering customized solutions and trusted relationships to business owners and their families. ONYX also brings a notable presence with Indigenous businesses and organizations throughout Manitoba and NW Ontario, a sector they plan to expand with Navacord’s support.

About Navacord

Founded in 2014 and headquartered in Toronto, Ontario, Navacord is one of Canada’s top four commercial insurance brokerages. With $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.

About ONYX Financial Group

The ONYX team has become one of the “go to” firms in Manitoba and NW Ontario when businesses and their owners are looking for a firm that has the depth of a large national organization but is small enough to customize their work and build great relationships. To do that, ONYX has developed solid expertise to address the needs of the business owner and their family, the business itself, and its employees.

With a full complement of benefits consulting and wealth management services, ONYX’s risk management specialists and their support teams help businesses free up their time and energy so they can focus on what matters to them most.

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