Navacord completes merger with Acera Insurance

Navacord has completed its previously announced merger with Acera Insurance , effective February 2, 2026, following regulatory, court, and shareholder approvals.

The combined organization becomes one of Canada’s largest privately held insurance, employee benefits, and wealth advisory firms. Together, the businesses represent approximately $7.2 billion in insurance and benefits premium and $7.5 billion in retirement assets under management, supported by more than 5,000 professionals across 150+ locations.

As part of the integration, Lee Rogers and Andrew Kemp have been appointed Vice Chairs of Navacord and will join the executive team while continuing to lead Acera’s business. The companies plan to move toward a formal amalgamation on November 1, 2026.

“With the transaction now complete, our focus is on a thoughtful integration that advances our vision of a true Canadian champion, while preserving the strengths of both organizations in a way that best supports our clients, partners and employees.” – T. Marshall Sadd, Executive Chairman, and Shawn DeSantis, President and CEO, Navacord.

“The completion of this transaction reflects our shared belief in the value of collaboration, Canadian ownership, and employee engagement. By bringing Acera Insurance and Navacord together, we are building a stronger organization that remains deeply rooted in the communities we serve, positioning us to enhance our service promise of local touch, national strength.” – Lee Rogers, CEO, and Andrew Kemp, Executive Vice President, P&C, Acera Insurance.

Acera Insurance will formally operate under the Navacord brand effective November 1, 2026, alongside other broker partners transitioning to the unified brand.