In The News

November 4, 2020

Henderson Insurance expands transportation business with addition of HAL Insurance

Henderson Insurance, Navacord’s premier Broker Partner in Saskatchewan and a leader in mid-market commercial insurance and risk management, is pleased to announce its addition of HAL Insurance, effective November 2, 2020. The deal strengthens Henderson’s position in the transportation sector and further deepens their expertise.

Highway Agencies Ltd., now HAL Insurance, was founded in 1955 by the Saskatchewan Trucking Association and maintains a proud history of attracting and developing knowledgeable team members
focused on delivering expert advice that’s driven by experience. With roots in the trucking industry, HAL
Insurance specializes within the transportation sector and adds their expertise across a range of other
products including Commercial, Personal, Farm, and Sports and Events insurance.

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October 26, 2020

Navacord expands Executive Team to complement growth strategy

TORONTO, October 26, 2020 – Navacord Corp., one of Canada’s top commercial insurance brokerages and a leader in risk management services, is pleased to announce the addition of Jim Edmands as SVP, Benefits and Retirement, effective November 9, 2020.

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September 10, 2020

Navacord solidifies national benefits practice with addition of B.C. consulting firm Dehoney Financial Group

TORONTO, September 10, 2020 – Navacord Corp., one of Canada’s top four commercial insurance brokerages and a leader in risk management services, expands its benefits business coast-to-coast with the addition of B.C.-based broker Dehoney Financial Group (DFG).

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August 17, 2020

Navacord expands benefits practice to Maritimes with addition of Cooke Capital

TORONTO, August 17, 2020 – As they continue to build out their national benefits practice, Navacord Corp., one of Canada’s top four commercial insurance brokerages and a leader in risk management services, is pleased to announce the addition of PEI-based Cooke Capital, effective August 13, 2020.

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July 22, 2020

Navacord adds significant bench strength in benefits business with two new partnerships

TORONTO, July 22, 2020 – Navacord Corp., one of Canada’s top commercial insurance brokerages and a leader in risk management services, is pleased to announce the addition of Ontario-based brokers Selectpath Benefits and Financial Inc. and ProBenefits Consulting Inc. The two deals strengthen Navacord’s position in the Canadian benefits space, which the company has set as a priority growth area.

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July 13, 2020

Jones DesLauriers Insurance Management Inc. announces a strategic partnership with Condominium Insurance Solutions Inc.

TORONTO, July 13, 2020 – Jones DesLauriers Insurance Management Inc. (JDIMI), a Navacord broker partner and a leader in risk management services, announces a strategic alliance with Condominium Insurance Solutions Inc. (CIS), one of Ontario’s largest condominium insurance program providers, effective July 1, 2020.

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July 6, 2020

Navacord’s reach now coast to coast with additional series of partnerships

TORONTO, July 6, 2020 – Navacord Corp., one of Canada’s top commercial insurance brokerages and a leader in risk management services, announces a series of partnerships with four prominent P&C brokers across Canada, solidifying Navacord’s position as the country’s fourth largest commercial broker.

In time for Canada Day, Navacord officially closes its deal with Blanket Insurance in Edmonton, AB, and welcomes Smiths’ Insurance in Regina, SK; The Hull Group in Toronto, ON; and Cooke Insurance, one of the largest independent brokerages in the Maritimes. With existing Broker Partners that span central and western Canada, these latest additions are another step in supporting Navacord’s vision of building the great Canadian brokerage.

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June 24, 2020

How Navacord is Driving M&A During COVID-19

TORONTO, June 24, 2020 – As the Coronavirus pandemic continues to grip the global economy, many businesses have slowed or halted M&A activity altogether.

Reports from firms such as Deloitte had already forecasted a global downturn in 2020, mostly due to trade and economic uncertainties, but the realities of COVID-19 have made M&A even more difficult.

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June 19, 2020

Learning & Leading Through the COVID-19 Crisis

TORONTO, June 19 , 2020 – Over the past few months, we’ve rapidly pivoted the way we work, the way we serve our clients, and the way we collaborate across Broker Partners. We’ve successfully enabled our teams to work remotely, keep our employees healthy and safe, and extended continuous support to our clients. While the process has not always been easy, it has been eye-opening.

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April 21, 2020

Navacord welcomes four new members to ownership group

TORONTO, April 21, 2020 – Navacord Corp., one of Canada’s top commercial insurance brokerages and a leader in risk management services, is pleased to announce the appointment of Jason Cedrone, Brad Gourlay, Shawn McCallum, and Hugh Patterson as the newest Navacord shareholders—respectively representing Jones DesLauriers, Henderson Insurance, Petrela Winter & Associates, and Iridium Risk Services.

“We are proud to welcome four esteemed colleagues to the Navacord shareholder group,” says Shawn DeSantis, President & CEO, Navacord. “They are each as passionate as we are about our clients’ success, and by combining our national strength with their local expertise, we will continue to grow, together.”

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