Navacord, the Ontario-based commercial broker, has joined global broking business Brokerslink as the network’s latest affiliate in the North American region.
Navacord, which trades under 15 different broker partner brands across Canada, has an ownership model that allows its partners to maintain their independence and identities, which 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,” he added.
“Navacord has doubled in size over a four-year period and our desire is to more than double again by 2022,” commented Shawn DeSantis, president and CEO of Navacord, which is headquartered in Mississauga, Ontario. “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 becoming a new partner in the U.S. after its acquisition of Crystal & Co. earlier in the year.
Headquartered in Zug, Switzerland, Brokerslink’s worldwide network provides broking and consulting services for its independent partners (shareholders in the company) and affiliates (businesses which have the option to become shareholders) in more than 113 countries.
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