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

Westmount Guarantee opens Vancouver-based MGA, Westmount West Services Inc., a provider of developer surety solutions

Toronto, ON (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.

Tom Reeves will be leading Westmount West as President. He and the established team of experts at Westmount West are looking forward to directly serving the needs of their clients with local underwriting authority and capacity, as they have since 2005.

“Our focus remains on meeting the specialized needs of clients, especially as projects in the west become larger and pre-sale deposits grow in significance,” said Mr. Reeves. “Our knowledge and experience, combined with our high level of local binding authority, allow us to make timely decisions and respond quickly to our clients.”

“As the dominant provider of Tarion bonds and condominium deposit insurance for residential projects across Ontario, we are pleased to be the only company with national capabilities that is dedicated solely to this niche business,” said Jim Emanoilidis, CEO of Westmount Guarantee.

“The specialization and expertise of our group of companies will continue to drive value for our clients”, said T. Marshall Sadd, Executive Chairman, Navacord Corp. “We are pleased that clients will be able to access deposit insurance from a dedicated expert like Westmount West.”

About Navacord

Based in Toronto, Ontario, Navacord is a national insurance brokerage offering risk management and consulting solutions including property & casualty, employee benefits, retirement, loss control, claims management, surety and personal insurance. Navacord is one of Canada’s largest commercial insurance brokers with specialization in the following industries: Construction, Real Estate, Architects & Engineers, Transportation, Hospitality, Manufacturing, and Oil & Gas.

Navacord is committed to the success of their clients and delivering expert advice in an increasingly complex world; allowing clients to face the future with confidence. Navacord Broker Partners deliver local, personalized service to their clients while being supported by the additional expertise, resources and efficiencies of a national brokerage.

Navacord is the preferred partner for entrepreneurial insurance brokerages seeking to collaborate and grow while maintaining their unique identity and culture. The company trades under different broker partner brands across Canada.

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About Westmount Guarantee

Founded in 2011 and located in Markham, Westmount Guarantee Services Inc. joined the Navacord group of companies in November, 2108, as the specialty provider of Tarion bonds, condominium deposit insurance and unique surety solutions for residential projects across Ontario. Westmount is devoted exclusively to the condominium market with a Best in Class team that is dedicated to understanding the needs of developers. Handling condominium projects of varying sizes throughout Ontario and now Western Canada, Westmount is proud to tailor flexible solutions and ensuring the needs of developers are met throughout the various stages of a project.

SOURCE: Navacord

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