In The News

September 17, 2019

Navacord Expands Executive Team as it Accelerates its Growth Journey

September 6, 2019 – Navacord Inc. is pleased to announce the addition of three newly created senior executive positions as it continues its rapid Canadian growth journey.  Melanie Muise is appointed Chief Operations Office, Brandon Parent is appointed Senior VP and General Counsel and Kristin Colombe is appointed Senior VP, Human Resources.  Read Full Press Release

July 29, 2019

Martin Delaney announced as CEO of Navasure Structured Surety Solutions, innovator to the energy and power industries

July 29, 2019 – Toronto – Navacord Corp. is pleased to announce industry veteran, Martin Delaney, as the CEO of Navasure Structured Surety Solutions, Canada’s preeminent and only dedicated provider of structured surety solutions for the energy and power industries, effective July 22, 2019.

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July 8, 2019

Navacord launches disruptive solution for energy and power industries with Navasure Structured Surety Solutions

July 4, 2019 – Toronto – Navacord Corp. continues to fuel their entrepreneurial spirit with the launch of Navasure Structured Surety Solutions, Canada’s only provider of innovative structured surety solutions for the energy and power industries, effective July 8, 2019.

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July 3, 2019

Navacord establishes group benefits and retirement consulting presence in Western Canada with acquisition of Benefit Consultants Inc.

Navacord Corp. is pleased to announce the establishment of a group benefits and retirement presence in Western Canada with the acquisition of Edmonton-based Benefit Consultants Inc., (BCI), effective July 1, 2019.

Founded in 1975, BCI was one of the first benefit brokerages in Alberta and will be the dedicated benefits and retirement consulting division of Lloyd Sadd Insurance Brokers, a founding Navacord Broker Partner. BCI’s management team will remain the same under the leadership of Darcy Smith and continue to operate from their current locations in Edmonton and Calgary.

READ FULL PRESS RELEASE HERE

June 4, 2019

Navacord expands group benefits and retirement consulting capabilities with acquisition of Future Benefits Management Inc.

Navacord Corp. is pleased to announce the addition of Toronto based Future Benefits Management Inc., (FBMI), effective June 3, 2019.

Founded in 1995 and exclusively focused on group benefits, FBMI will be joining JDIMI Consulting, Navacord’s Broker Partner dedicated to group benefits and retirement consulting. The move will further deepen Navacord’s specialization across Broker Partners enabling a more robust service offering to clients.

READ FULL PRESS RELEASE HERE

 

April 23, 2019

Navacord’s specialization expands as Westmount Guarantee opens Vancouver-based MGA, Westmount West Services Inc.,

Toronto, Ontario, Apr 23, 2019 – Westmount Guarantee Services Inc., a member of the Navacord group of companies, is pleased to announce their expansion into Western Canada with the opening of Westmount West Services Inc. in Vancouver, BC, effective April 18, 2019.

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April 5, 2019

Navacord advances growth strategy with addition of Hamilton-based The Mitchell & Abbott Group

Toronto, Ontario, Apr 4, 2019 – Navacord Corp, Canada’s fifth largest commercial broker, advances growth strategy with addition of Hamilton-based The Mitchell & Abbott Group Insurance Brokers Limited, effective April 1, 2019.

Serving the needs of Hamilton clients for almost one hundred years, The Mitchell & Abbott Group is Navacord’s first expansion into the Southern Ontario / Niagara Peninsula area and strengthens its presence in the broader GTA. The Mitchell and Abbott Group provides insurance services for commercial and personal lines, employee benefits and also specializes in the design, implementation and administration of affinity and group insurance programs.

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February 4, 2019

Lloyd Sadd | Navacord Strengthens Sector Specialization with Pratt Lambert & Brown Acquisitions

Effective January 31, 2019, Lloyd Sadd | Navacord is pleased to announce the acquisition of Pratt Lambert & Brown, (PL&B), who has been serving the needs of Edmonton clients since 1949.

Jeff Brown, Principal of Pratt Lambert and Brown, said “We are thrilled about the decision to join Lloyd Sadd | Navacord. Their commitment to building lasting relationships with their clients overlaps with our ‘three R’s’, (Responsibility, Relationship and Respect), and is one of the reasons why this is such a perfect fit for our businesses. We are also excited to join the Navacord Group of Companies and the opportunity to leverage the power of a national brokerage.”

READ FULL PRESS RELEASE HERE

January 7, 2019

Navacord Continues Expansion in Western Canada and Strengthening of National Construction Practice

Navacord continues expansion into Western Canada with the acquisition of a team of industry veterans and their book of business from BMS Canada, effective December 31, 2018.

The Vancouver team, led by Shaun Johnston, BMS Canada’s Managing Director, Construction & Development, joined Navacord’s Vancouver based Broker Partner, Wylie-Crump Limited. Wylie-Crump are experts in providing innovative insurance solutions and leading client service to the construction and development industries.

READ FULL PRESS RELEASE HERE

November 2, 2018

Navacord Strengthens Construction Practice with Addition of Specialty Company Westmount Guarantee Services Inc.

Navacord Corp, one of Canada’s largest commercial brokers, continues to expand its construction practice with the addition of Westmount Guarantee Services Inc., effective November 1, 2018.

Founded in 2011, Westmount has grown under the leadership of Jim Emanoilidis and Brian Argue to be the dominant provider of Tarion bonds, condominium deposit insurance and unique surety solutions.

READ FULL PRESS RELEASE HERE