Navacord & Binks Insurance Partnership Further Enhances Dealership Expertise in Nation’s Capital
Toronto, ON, July 25, 2022 – Navacord Corp. is pleased to announce their latest partnership with Binks Insurance Brokers Limited, headquartered in Ottawa, Ontario, effective as of July 1, 2022.
Founded in 1918, the multigenerational commercial brokerage is known for their risk management expertise with automotive dealerships, among several other business sectors and not-for-profits in Eastern Ontario. As a community-first organization, Binks has successfully established their status as a trusted and committed brokerage for high-risk commercial placements within Ottawa and its surrounding areas.
“As the third generation leading this brokerage, I am ready to take the legacy that my grandfather and father built and launch into our next stage of growth, backed by Navacord’s support,” says Harry Binks, President and CEO, Binks Insurance. “I look forward to continuing to deliver innovative solutions to the businesses and organizations we service within Ottawa and its surrounding regions, with greater access to resources and markets.”
Harry Binks was once the youngest insurance agent in Ontario when he joined the brokerage in 1973. Since then, he has cultivated a track record of growth and trust leading several partnerships for the Binks business.
“Navacord is truly pleased to have Binks Insurance onboard as our newest partner,” says Shawn DeSantis, President and CEO, Navacord. “Their niche expertise within the dealership sector combined with their reputation and presence in Eastern Ontario will fortify our strength in Canada’s capital city.”
“We welcome Binks onboard with an optimistic outlook for our future together,” says T. Marshall Sadd, Executive Chairman, Navacord. “Navacord is eager to elevate our bench strength with our neighbours in Ottawa, especially with a top-caliber commercial brokerage like Binks who has effectively demonstrated a trajectory of continuous growth for over a century.”
Binks Insurance will be supported by founding Navacord Broker Partner, Jones DesLauriers, and marks Navacord’s 15th partnership of 2022.
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 Binks Insurance Brokers Limited
Binks is committed to finding unique solutions for our clients’ business insurance needs, providing guidance in the art of risk management to Ottawa businesses for over 104 years.
Binks Insurance started at a time when the lumber barons were shaping the local economy. Today our experience and expert advice is being called upon by virtually every sector of Ottawa’s business community. Regardless of the size, age or specific needs of your business, Binks brings unique and wide-ranging perspectives and experience to protecting your valuable investments.
Our Commercial Insurance group are experts (as you would expect) in business insurance but also in the ever-changing needs, demands and requirements of business in general.
Binks Insurance provides clients and insurers with stability and experience in dealing with their insurance matters.