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Navacord
Navacord’s first deal of the year
February 29, 2024 by Jason ContantCommercial insurance brokerage Navacord Corp. has completed its first transaction of the year with a partnership with Winnipeg-based Avant Insurance. Announced Wednesday, the deal with the personal and commercial lines brokerage was effective Feb. 1. Navacord said in a press…
Major merger of three Navacord commercial brokerages
October 3, 2023 by Alyssa DiSabatinoThree Navacord brokerages are merging to create one of the largest commercial brokerages in Saskatchewan, the company announced Tuesday. Henderson Insurance, Hoffmann Kool Insurance, and Life Line Brokers, will merge as HK Henderson, effective Nov. 1. “The partnership creates one…
Navacord marks 20th acquisition of 2023 with newest deal
October 2, 2023 by Alyssa DiSabatinoNavacord Corp. announced its latest deal with B.C.-based Harbord Insurance, effective Sept 1. The acquisition marks Navacord’s 20th of the year, and expands the company’s presence in Victoria, B.C. Harbord Insurance has offered personal lines products, including home, auto, travel,…
Navacord acquires condo insurance provider
August 16, 2023 by Jason ContantNavacord Corp. has announced the acquisition of Condominium Insurance Solutions (CIS), provider of one of the largest condo insurance programs in Ontario. Based in Markham, Ont., CIS’s offerings are tailored to meet the needs of the Condominium Act of Ontario…
Navacord ramps up activity in this line of business
July 31, 2023 by Jason ContantNavacord Corp. is growing its travel insurance business, recently announcing the appointment of a newly created executive role for the sector and the acquisition of brokerage known for its Canadian snowbird clients. Last week, Navacord appointed Melanie Muise to the…
Navacord broadens benefits practice with new acquisition
July 17, 2023 by Alyssa DiSabatinoNavacord has announced its acquisition of Belay Advisory, a benefits consulting and wealth advisory firm based in Alberta. This deal follows the burgeoning trend of P&C firms expanding their offerings into the financial services realm, in order to become a one-stop…
What’s driving Navacord’s M&A growth strategy
June 30, 2023 by David GambrillCanada’s fourth-largest brokerage, Navacord, took another step Wednesday in building what it calls “The Great Canadian Brokerage,” announcing an M&A deal with Mitchell McConnell Insurance Ltd. in New Brunswick. Mitchell McConnell Insurance, whose legacy dates to 1927, is headquartered in…
Navacord announces its biggest deal yet
May 24, 2023 by David GambrillNavacord has invested heavily into its wealth management and group benefits capabilities, acquiring RWAM Insurance Administrators Inc and Programmed Insurance Brokers (PIB) Inc. “As Navacord’s largest transaction to date, the partnerships with RWAM and Programmed Insurance Brokers Inc. underscore Navacord’s…
What’s behind Lloyd Sadd’s latest brokerage deal
May 16, 2023 by Alyssa DiSabatinoNavacord founding partner Lloyd Sadd Insurance Brokers has acquired northern Alberta’s Casey Insurance, effective Apr. 1. Casey Insurance is a full-service brokerage offering home, auto and business insurance solutions to clients within the region of Peace River, Alta., and…
Navacord makes largest acquisition of the year
April 24, 2023 by Jason ContantNavacord has made its fifth and largest transaction of the year with the acquisition of British Columbia-based SeaFirst Insurance Brokers, effective Apr. 1. With roots dating back to 1950, SeaFirst Insurance has since grown to one of the largest commercial…
New president and CEO at Jones Deslauriers
December 8, 2022 by Alyssa DiSabatinoScott Irwin is now president and CEO of Jones Deslauriers, a Navacord broker partner. He succeeds Eric Osbourne, Jones Deslauriers’ president and CEO of 15 years, who has taken on a new role at Navacord. Jones DesLauriers is a…
Meet Navacord’s new president of MGA underwriting solutions
August 24, 2022 by David GambrillNavacord Corp. has appointed Greg Irvine into the newly created role of president of MGA underwriting solutions, effective Sept 6, 2022. Irvine brings more than 20 years of insurance industry experience to Navacord and will be leading all managing general…