Navacord expands commercial auto and dealership capabilities with new broker partner

Navacord expands commercial auto and dealership capabilities with new broker partner | Insurance Business

Navacord expands commercial auto and dealership capabilities with new broker partner

Commercial insurance brokerage Navacord has formed a new partnership with LL Renaissance.

LL Renaissance offers innovative solutions for property and casualty insurance, with specialty products for auto dealerships. Staffed by an agile team and boasting a track record of working with clients in “difficult to insure” industries, the broker has expertise in the automotive, marine, property management, construction, professional indemnity, hydro-electric and pharmaceutical industries, a company release said.

The new partnership between Navacord and LL Renaissance provides a competitive scalability strategy, a release suggested. It also provides broad market access, infrastructure, and a national resource model that is dedicated to supporting collaboration and stewardship across Canada.

Based in Toronto, LL Renaissance will work closely with Jones DesLauriers Insurance Management Inc. (JDIMI) – a Navacord broker partner. The two will work to create a strong national value proposition and strengthen Navacord’s leadership in the automotive space.

“We were looking for the right business model—the right fit, and the experience working with Navacord has been refreshing,” said LL Renaissance president and CEO Philip Kane. “In Navacord, we have found a Canadian national partner that provides the backing and support we need to grow, while respecting what makes us truly unique.”

“What attracted us to LL Renaissance was the entrepreneurial drive within the team—they don’t settle for the standard market offering,” commented Navacord executive chairman T. Marshall Sadd. “By building out their unique set of products and expertise, they create differentiation within their business and for their clients, and that’s something we think can benefit partners and clients across Navacord as we expand our reach.”