Adding Insurance Store’s 5 locations is Navacord’s biggest partnership announcement of 2022
Toronto, ON (Aug. 10, 2022) – Navacord Corp. is excited to announce their latest partnership with Insurance Store, headquartered in Windsor, with offices in Barrie, Collingwood, Chatham, and Woodstock, Ontario, effective as of August 1, 2022.
Founded in 1945, the community-based brokerage is known for providing jargon-free expert advice to their personal and commercial clients across Ontario. As a client-first organization, Insurance Store seeks to take the pain out of finding the best insurance products for everything and anything that’s important to you—from a tenant, to a boat, to a business.
“We can see that Insurance Store is poised for growth, and that excites us,” says Shawn DeSantis, President and CEO, Navacord. “Their entrepreneurial spirit, and belief in their brand, practice, and community resonates with our vision of providing local touch service with national strength.”
Navacord will work closely with Insurance Store to position and expand its product and service offering while maintaining its leadership.
“It’s a great time to lead the Insurance Store team,” says Jamie Mingay, President, Insurance Store. “Navacord understands what it is to be a broker and has the resources and capacity to help us build. I look forward to the entire team collaborating across Navacord—it’s great synergy.”
With five locations across Ontario and a dedicated and talented team of insurance professionals, Insurance Store represents Navacord’s most substantial partnership of 2022, and one that is expected to grow with the support of Canada’s 4th largest insurance brokerage backing them.
Insurance Store marks Navacord’s 20th and largest partnership of 2022.
About Navacord
Founded in 2014 and headquartered in Toronto, Ontario, Navacord is one of Canada’s top four commercial insurance brokerages. With $3 billion in premiums, Navacord stands as a leader in group insurance and risk management solutions. From commercial and personal insurance to surety, employee benefits and retirement consulting, Navacord leverages national strength and resources with the local-touch service of industry-specialized Navacord Broker Partners to deliver the trusted advice, expertise and custom insurance solutions clients need to face the future with confidence.
With a unique ownership model and value proposition, Navacord is the preferred partner for entrepreneurial insurance brokerages seeking to grow as a part of something bigger, while maintaining their distinct identity and culture. For more information, please visit navacord.com.
About Insurance Store
Not fun. Just better. Who wants to shop for insurance? Nobody. We know that. We also know you need insurance. That’s why we do everything we can to make getting the right coverage as smooth, simple and painless as possible.
Like any good retail store, we carry a wide selection of products from great insurance companies. You can shop select products online or we can do the shopping for you. At Insurance Store, you get the help you need, the way you want it–online, over the phone, through email or in person. For more information, please visit www.insurancestore.ca.
SOURCE: Navacord
Tags: Acquisition, Navacord, partnership