New firm to tap into benefits, financial planning sector

There’s a new firm in the employee benefits stream, partnering with two familiar faces in the insurance industry

Navacord Inc. and broker partner Jones DesLauriers Insurance Management Inc. – in collaboration with Integrated Planning & Solutions Corp. (IPSC) and Cochrane, Morel & Associates Ltd. (CMAL) – have introduced a new benefits firm that will provide employee benefits, pension, group retirement, and financial planning solutions to clients across Canada.

“As we expand into the distribution of benefits and financial planning products, we see an immense opportunity to assist our broker partners in fulfilling all the insurance needs of our clients,” said Shawn DeSantis, president and CEO at Navacord. “We will leverage our scale, market presence and broker partner synergies to penetrate the benefits marketplace.”

The new benefits company – JDIMI Consulting – recently became a Navacord broker partner and the financial services division of Jones DesLauriers Insurance.

While there will be no changes to the leadership structure, the two companies have come together and will now operate as JDIMI Consulting, a Navacord Company. John Cochrane, partner and employee benefits specialist, and Scott Studley, partner and group retirement and financial planning specialist, will continue to lead their respective operations.

“We are excited to be joining forces with such a growth-focused, recognized industry leader in the Canadian insurance marketplace,” said Cochrane. “This partnership will add tremendous value for our existing clients, who will now have access to the stature, stability, and enhanced risk management and insurance service offerings of some of the best-performing brokers in Canada.”