Navacord Expands Into the Real Estate Sector with the Addition of Condominium Insurance Solutions (CIS)
Toronto, ON (Aug. 23, 2023) – Navacord Corp., Canada’s fourth-largest commercial brokerage and an industry disruptor in risk management and group benefits and retirement solutions, is thrilled to announce their partnership with Condominium Insurance Solutions, effective July 1, 2023.
Condominium Insurance Solutions, (CIS), offers one of the largest condominium insurance programs in Ontario. Based in Markham, CIS’ offerings are tailored to meet the needs of the Condominium Act of Ontario to their clientele of condominium corporations.
“We are excited to join Navacord and collectively strengthen our capabilities in the condominium insurance space,” says Jeff Rodin, CEO, CIS. “Our existing relationship with Navacord, now bolstered by our partnership, solidifies our strategic expansion and the possibilities to grow this program across Canada.”
The Greater Toronto Area ranks as one of the largest residential condominium markets in North America; with the addition of CIS, Navacord is positioned well for further growth in this marketplace.
“We are pleased to welcome CIS to the Navacord group, which will position us well to capitalize on expanding our value proposition for our clients,” says Shawn DeSantis, President and CEO, Navacord. “Condominium Insurance Solutions is an industry leader in underwriting, data collection, and claims management in the condominium space. Combined with Navacord’s scale, the CIS partnership sets us up well for significant growth in this sector.”
About Condominium Insurance Solutions
Condominium Insurance Solutions is continuously striving to exceed the insurance needs that our clients require. We deliver the highest level of customer service by leveraging on our team’s extensive knowledge and experience in Condominium Insurance. Each Condominium Insurance Solutions policy is uniquely designed for our clients and meets the requirements of the Condominium Act of Ontario.
About Navacord
Founded in 2014 and headquartered in Toronto, Ontario, Navacord is one of Canada’s top four commercial insurance brokerages. With $3 billion in premiums, Navacord stands as a leader in group insurance and risk management solutions. From commercial and personal insurance to surety, employee benefits and retirement consulting, Navacord leverages national strength and resources with the local-touch service of industry-specialized Navacord Broker Partners to deliver the trusted advice, expertise and custom insurance solutions clients need to face the future with confidence.
With a unique ownership model and value proposition, Navacord is the preferred partner for entrepreneurial insurance brokerages seeking to grow as a part of something bigger, while maintaining their distinct identity and culture. For more information, please visit navacord.com.
SOURCE: Navacord
Tags: Navacord, partnership