Navacord Re-Affirms CAFO as Primary Premium Finance Provider

Finding the best solutions

Navacord Corp., one of Canada’s top four commercial insurance brokerages, has re-affirmed CAFO as its primary premium finance provider to offer their clients the best in premium finance solutions.

“We are very happy with the premium finance program provided by CAFO over the last 5 years and it made smart sense for us to renew this agreement to ensure continuity for our clients while providing them with the best in finance options,” said Shawn DeSantis, President & CEO at Navacord.

The CAFO premium finance program enhances the overall Navacord Broker Partner value proposition by offering premium finance solutions that allow their clients to maximize their cash flow while taking advantage of very competitive rates and plans.

Bill Chapman, Senior Vice President National Sales Manager for CAFO noted that “renewing and re-affirming this relationship with Navacord makes sense for all involved. CAFO’s longevity of over 60 years’ experience coupled with its leading share in the Canadian premium finance industry allows Navacord Broker Partners to focus on finding the best insurance solutions for their clients and an ease for which they can pay their insurance premiums making it a win-win for all.”

Founded in 2014 and headquartered in Toronto, Ontario, Navacord stands as a leader in group insurance and risk management solutions, commercial, personal, and surety. Managing $3 billion in premiums annually, Navacord leverages its 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 their clients need to face the future with confidence. For more information, visit www.navacord.com.

CAFO is Canada’s leading premium finance provider. Operating for over 60 years, brokerages across North America have come to depend on CAFO in Canada and AFCO in the United States, for unparalleled expertise and products that enable clients to maximize cash flow when paying their insurance premiums and allowing brokers to minimize receivables and enhance their product offering. CAFO is part of Truist Financial Corp (NYSE: TFC), one of the largest financial services holding companies in the United States with $544 billion in assets. For more information, visit www.cafo.com

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