Navacord
Navacord, headquartered in Toronto, Ontario, is one of Canada’s top three commercial insurance brokerages, managing $3 billion in premiums and specializing in a wide range of insurance and consulting services.
Company Overview
Navacord is a leading commercial insurance brokerage headquartered in Toronto, Ontario. Founded in 2014, it has quickly risen to become one of Canada’s top three commercial insurance brokerages, managing $3 billion in premiums. With a national presence across over 220 markets, Navacord offers a range of services that include commercial insurance, personal insurance, surety, employee benefits, and retirement consulting.
Services
Navacord specializes in providing a wide range of insurance and consulting services. Their offerings include commercial insurance, personal insurance, surety, employee benefits, and retirement consulting. The company's VIP Personal Lines Portfolio caters to high net worth and VIP clients with exclusive products. Navacord ensures deep industry specialization, client advocacy, and value-added services through their broker partners.
Industry Specializations
Navacord's expertise spans multiple industries, ensuring tailored insurance solutions for various sectors. Their specializations include construction, benefits, transportation, energy, dealerships, hospitality, personal lines, real estate, technology, not-for-profit, professional services, forestry, agriculture, cannabis, and manufacturing. This industry-specific focus allows Navacord to offer deep knowledge and specialized services to meet the unique needs of their clients.
Growth and Expansion
Navacord's growth strategy focuses on organic growth, forming new partnerships, operational excellence, and human capital. Landmark partnerships, such as with SécuriGlobe, have significantly expanded their portfolios. Additionally, the Benefits and Retirement practice experienced monumental growth over five years, expanding from $5M to $50M. Partnerships with Burke & Company and Orion Audit have further strengthened their consulting capabilities.
Corporate Policies
Navacord is committed to maintaining ethical business practices through its Whistleblower Policy, ensuring protection for employees reporting violations of the company's code of conduct or applicable laws. The Diversity, Equity, and Inclusion Policy underscores their dedication to promoting a fair and inclusive workplace for all employees. These policies highlight Navacord's commitment to upholding high standards of integrity and inclusivity.