Navacord welcomes new shareholders to the organization

Navacord welcomes new shareholders to the organization | Insurance Business Canada

Navacord welcomes new shareholders to the organization

Navacord now has 13 new shareholders as of April 01, which represent six broker partners across Canada.

The brokerage reported that this is a record number of appointments for the organization.

The new shareholders include David Blow, Patty McNeil and Antony Yang, Jones DesLauriers; Patrick Hooey and Blair MacIntyre, JDIMI Consulting; Leah Marchon, Lloyd Sadd; Jennifer Adams and Brenden Walsh, Waypoint; Sara Ahmadi, Marlon Brown, Elena Khantses and Abdul Waheed, Westmount Guarantee; and Will Lawrence, Wylie Crump.

“Navacord has experienced tremendous growth, both organically and through M&A, resulting in more leadership opportunities not only within each of the brokerages but also across the business,” said Navacord president and CEO Shawn DeSantis. “We are proud to welcome this esteemed group of colleagues to the Navacord shareholder group and look forward to continuing our growth journey, together.”

A company release also noted that nearly half of the diverse shareholder group are women, and include representation from operational roles. Navacord also said that as it has grown, so has the scope and number of operation leaders, who are now on par with “revenue generators” in terms of delivering client value and supporting the company’s ongoing success.

“We have a very unique offering in terms of our total reward model for key contributors who are committed to growing their business while being on the journey with the entire organization in building the great Canadian brokerage,” added Navacord executive chairman T. Marshall Sadd. “We celebrate our leaders who pursue achievement with passion and purpose across the organization.”