4 July 2019 11:30
Photo : Freepik
The firm Navacord has announced the acquisition of Benefit Consultants Inc. (BCI), based in Edmonton, thus expanding its scope in the field of benefits and retirement in the canadian West.
Founded in 1975, BCI will be the division of council on benefits and retirement of Lloyd Sadd Insurance Brokers, one of the founding partners of Navacord.
Navacord argues that the management team of BCI will remain the same with Darcy Smith, president of BCI. It will continue to operate from its current locations in Edmonton and Calgary.
“We are very pleased to be joining Navacord, because it creates a better future for our society and for all of our customers,” said Mr. Smith. Their approach is very collaborative and we knew something unique was found in the way of doing business Navacord : to allow expertise to remain intact while providing a full service to our clients. “
The second acquisition
This is the second transaction of benefits and pension that Navacord was finalized in 2019. It has announced the acquisition of Future Benefits Management Inc., located in Ontario, last month.
“The objective of Navacord is to create one of the best companies benefits and retirement in Canada. The addition of BCI allows us to achieve this goal and to offer our clients Western canadian expertise and service with a local presence, ” adds T. Marshall Sadd, president of the board of directors of Navacord.