In The News
Navacord’s Banner Year Continues With the Addition of Hoffmann Kool Insurance and Life Line Insurance
October 1, 2019 – Navacord Corp., a leading insurance and risk management brokerage, is pleased to announce their strategic expansion in Saskatchewan with the addition of Hoffmann Kool Insurance and Life Line Insurance.
Both Hoffmann Kool and Life Line have proudly served the business, personal and life insurance needs of Saskatchewan communities for over thirty years. Located in Saskatoon, both offices will remain under the management of their current leadership teams.
October 1, 2019 – Navacord Corp., a leading insurance and risk management brokerage, surpasses the billion dollar premium threshold with the addition of Vancouver Island based Waypoint Insurance Services.
Waypoint has been serving their local communities for over 100 years with fifteen offices on Vancouver Island, two in North Vancouver and one in Surrey. Waypoint is owned and operated by employee shareholders and is one of the largest independent insurance brokerages in British Columbia. Waypoint will remain under the leadership of CEO, Tony Hayes, and the current management team.
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.
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.
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.
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.
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.
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.
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.
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.”