Toronto, ON (July 4, 2019) – Navacord, one of Canada’s largest commercial brokers, has joined global broking business Brokerslink as its latest affiliate in the North American region.
Navacord trades under fifteen different broker partner brands across the country as it continues to execute its growth plans in Canada. The organization has a unique ownership model allowing the entrepreneurial spirit of its partners to thrive whilst maintaining their own independence and identities, this is closely aligned with Brokerslink’s philosophy of providing its independent broker partners and affiliates with the support of a large multinational organisation.
“Navacord has built an excellent reputation for delivering in-depth expertise and a forward-thinking approach to risk transfer for their clients,” said Brokerslink chairman José Manuel Fonseca. “These capabilities, together with the scale and scope of these services across Canada are important to our global partners and affiliates. I’m delighted to welcome them to Brokerslink.”
“Navacord has doubled in size over a four-year period and our desire is to more than double again by 2022,” said Shawn DeSantis, President and CEO of Navacord. “We knew that becoming Brokerslink’s only Canadian Affiliate would allow us to serve the needs of our clients even better and help us to achieve our goals.”
The addition of Navacord to the Brokerslink network follows Alliant Insurance Services (Alliant) becoming a new partner in the US following its acquisition of Crystal & Co. earlier in the year, the two businesses will strengthen Brokerslink’s position in North America.
Navacord is one of the top five commercial brokers in Canada offering clients a holistic solution that addresses their business, personal and employee needs. Founded in 2014 Navacord has a proven track record of growth with over $120 million in revenue at the end of 2018 and five Broker Partner announcements to date in 2019. Navacord continues on their journey to becoming a great Canadian Brokerage.
Headquartered in Toronto, Navacord’s group of companies include thirteen Broker Partners across Canada and one Managing General Agent. Offering risk management and consulting solutions, Navacord is committed to the success of their clients and delivering expert advice in an increasingly complex world. Broker Partners deliver local, personalized service to their clients while being supported by the additional expertise, resources and efficiencies of a national brokerage.
For more information, please visit navacord.com.
Brokerslink combines a global broking company and a worldwide broking network. We provide our independent partners and affiliates in more than 100 countries with professional, innovative risk management and insurance expertise, international market connections, and world-class consulting services.
Brokerslink delivers a powerful alternative to the world’s largest brokers. Clients and markets get the best of both worlds: the expertise, services, and reach of an international giant, with the embedded local knowledge and relationships that only local brokers offer.
Brokerslink executes global business strategies. From relatively simple multi-country placements to capital markets transactions and captive solutions, our business development and risk management teams have unparalleled skills.
Clients benefit from the ability to do business at home with an independent, successful, trusted, and deeply embedded local broker. Through Brokerslink, each is able to provide the best-in-class risk services that customers need.
For more information, please visit brokerslink.com.