SeaFirst Insurance provides farm, house, auto, business, travel, and marine insurance. Credit: Benjamin Davies on Unsplash.

Canadian insurance brokerage Navacord has continued its buying spree with the acquisition of British Columbia-based SeaFirst Insurance Brokers. 

SeaFirst Insurance, which has been operating since 1950, offers various personalised P&C insurance options.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Headquartered in Brentwood Bay, the insurer also provides house, auto, business, farm, strata (condo), travel, and marine insurance.

The company is one of the largest commercial brokers in BC and the largest independent broker on Vancouver Island. 

The company also has presence in Saanichton, Sidney, Salt Spring Island, Oak Bay, and Westshore.

SeaFirst president and CEO Doug Strong said: “We heavily prioritise our community involvement at SeaFirst, and we have always made sure that our dedication to our people remains at the forefront of every decision we make.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“We chose Navacord as our partner not only because they offer additional avenues for growth and market capacity, but also because they allow us to keep our positive culture intact.” 

The deal marks Navacord’s fifth acquisition in 2023.

Navacord executive chairman T. Marshall Sadd said: “To have SeaFirst select Navacord is a true testament to our partner model and demonstrates the success of our niche building strategy with their specialization in strata and commercial property lines.

“We are pleased to deepen our presence in Western Canada and expand our offerings to clients with Seafirst’s strong Lloyd’s of London relationship.”