// REFERENCED ON THE SHOW
Navacord Corp.
Navacord is a national Canadian insurance brokerage and financial services consolidator that acquires and partners with independent commercial, personal-lines, group benefits and risk-management brokerages across the country. Its Atlantic Canada footprint runs through partner/owned brokerages, notably Mitchell McConnell Insurance of Saint John, NB.
📍 Toronto, ON, CanadaEst. 2014✓ 100% first-party verified
// DISCUSSED ON THE SHOW
// SELECTED PROJECTS
Mitchell McConnell Insurance partnership/acquisition (Atlantic Canada expansion)
CompletedAcquirer / Broker Partner network parent
Effective June 1, 2023; announced June 28, 2023. MMI (founded 1927) is a Saint John, NB specialty brokerage with an aquaculture focus, described as one of the few firms representing that sector in the Maritimes. This is Navacord's primary named Atlantic Canada footprint.
Acera Insurance merger
CompletedMerger partner · Combined ~$7.2B insurance & employee benefits premium; ~$7.5B retirement assets under management
Transaction closed Feb 2, 2026; completion announced Feb 3, 2026. Creates a combined firm of 5,000+ professionals across 150+ locations nationwide. Acera CEO Lee Rogers and EVP Andrew Kemp became Navacord Vice Chairmen.
// KEY PEOPLE
// NOTABLE
Navacord was founded in 2014 (formed when Jones DesLauriers Insurance Management and Lloyd Sadd Insurance Brokers combined) by Shawn DeSantis and T. Marshall Sadd, and is headquartered at 199 Bay Street, Commerce Court West, Toronto.
SOURCE ▸Mitchell McConnell Insurance, Navacord's Saint John, NB partner brokerage, specializes in aquaculture insurance and is described as one of the few firms representing that sector in the Maritimes.
SOURCE ▸Following the Acera Insurance merger completed in February 2026, the combined organization represents approximately $7.2 billion in insurance and employee benefits premium and is backed by 5,000+ professionals across 150+ locations nationwide.
SOURCE ▸Is your company on the record?
Be a guest ▸