Navacord acquires two companies

Navacord Corp., a multi-line insurance brokerage and risk management firm, has acquired RWAM Insurance Administrators Inc. (RWAM) and Programmed Insurance Brokers Inc. (PIB), two companies in the insurance and wealth management sector. These businesses will strengthen Navacord's position in the market and further enhance its ability to provide services to clients across Canada.

Navacord acquires two companies

Navacord Corp., a multi-line insurance brokerage and risk management firm, has acquired RWAM Insurance Administrators Inc. (RWAM) and Programmed Insurance Brokers Inc. (PIB), two companies in the insurance and wealth management sector. These businesses will strengthen Navacord's position in the market and further enhance its ability to provide services to clients across Canada.

Incorporated in 1988, RWAM Insurance Administrators is a third-party administrator (TPA) of group insurance benefits. It serves and protects over 250,000 Canadians from coast to coast. Through this partnership, Navacord will leverage RWAM's expertise to drive growth, expand its reach in key markets, and deepen its TPA solution offering to clients across Canada.

Programmed Insurance Brokers Inc. (PIB) is a national multi-line insurance and financial services agency. It provides tailored multi-line insurance and wealth management solutions to businesses and individuals, including group benefits and retirement planning.