Navacord Corp. announced Sept. 8 that it is continuing its efforts to reach more than $3-billion in premiums by acquiring partner firms. Its most recent acquisitions include the addition of two new group benefits and retirement brokerages, C&C Insurance Group and Vanta Benefits.
C&C Insurance Group of Komoka, Ontario and Vanta Benefits of Edmonton, Alberta are both being acquired after being identified as innovators in the industry. “C&C boasts the only fully integrated and seamless group health and wellness program that meets the complex needs for post-secondary institutions’ domestic and international student populations,” Navacord states in an announcement about the new acquisitions. “Vanta enables their clients to be proactive versus reactive with strategic plan designs that create long-term sustainability.”
The firm adds that both new partners are experts in their respective fields and stand ready to bring their programs and services to a larger market.
“Both businesses are using technology to deliver, differentiate and enhance the client experience,” says Navacord chairman, T. Marshall Sadd. “We see tremendous value in what they each can share with fellow Navacord broker partners across Canada and what Navacord can help them bring to their clients as they continue to grow.”
Vanta Benefits was previously part of the Vanta Group – the life insurance and wealth advisory business within Vanta Group remains independently owned and operated and is not included as part of the deal.
All told, Navacord has completed 11 acquisitions or partnerships during the course of 2021, with more expected before the end of the year.
