Navacord continues to build strong futures and opportunity with 14 new shareholders

TORONTO, ON, June 13, 2022 — Navacord Corp. announces the largest addition yet to its ownership group and is pleased to welcome 14 new shareholders as of April 1, representing seven Broker Partners across Canada.

Following a year of double-digit organic growth, Navacord continues to be a destination for top talent and high performers driven by growth and an equity opportunity. This year’s new group of shareholders includes: Brett Bingham and Chris Sayer, Ing & McKee; Angela Ianetta, Oliver Caron, Tracy Drew, Amandeep Dulku, and Conner McFall, Jones DesLauriers; Tyler Orlecki and Victoria Howe, Lloyd Sadd;  Jocelyn Horsfall at Petrela Winter & Associates; Melissa Maloney, Selectpath Benefits & Financial; Dan D’Amico and Steve Cox, Selectpath Insurance; and Denise Fraser from Westmount Guarantee.

“Navacord is building a talent powerhouse in large part through a dedicated investment in our people and their success, delivering shared value while creating an environment where everyone can thrive,” says T. Marshall Sadd, Executive Chairman, Navacord. “We are proud to welcome this esteemed group of colleagues to the Navacord shareholder group and look forward to their continued evolution as we grow together.”

Over the past year, Navacord has continued to invest in development programs, including Producer to Partner, which comprised more than 50 participants across 20 Navacord businesses, as well as national mentoring sessions and the launch of a Client Experience Trainee Program. With women once again making up half of this year’s shareholder group, and a continued focus on building Diversity, Equity, and Inclusion, Navacord is launching its first Employee Resource Group for Women in Sales, as well as a National Diversity Council which will provide education to its top 200 Executives and regular communication to raise awareness to all 1800+ employees.

“Surrounding ourselves with diverse talent, voices, and minds that complement and challenge our abilities as entrepreneurs and leaders is a key to the long-term success of Navacord and its Broker Partners,” says Shawn DeSantis, President, Navacord. “Those who pursue achievement with passion and purpose across the organization, and who are committed to growing their business, also reap the benefits of a rewards model that is unique to the industry.”

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.