Non-public fairness agency Novacap has partnered with Consilium Insurance coverage, a property and casualty insurance coverage agency.
The work between Novacap and Consilium goals to hurry up the latter’s development and increase its operations throughout Canada. Additionally, the companies goal a strong nationwide platform within the injury insurance coverage brokerage business.
Consilium is headquartered in Montreal and was based in 2013 to convey massive firm experience and repair to the center market.
Moreover, the funding in Consilium demonstrates Novacap’s dedication to fostering development in monetary providers.
“Novacap is thrilled to companion with Consilium and help their imaginative and prescient of turning into a number one nationwide insurance coverage brokerage” stated Jean-Philippe Garant, Principal, Monetary Companies, at Novacap. “Consilium’s dedication to excellence and repair aligns completely with our values. Collectively, we are going to create long-term worth by leveraging our mixed sources to drive development.”
“Becoming a member of forces with Novacap marks a major milestone for Consilium. Their in depth expertise within the insurance coverage business and strategic help will probably be invaluable as we embark on this subsequent section of development,” commented Christian Foisy, President of Consilium. “We stay up for increasing throughout Canada and North America whereas sustaining the excessive requirements of service we provide our shoppers.”
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Based in 1981 to companion with visionary entrepreneurs, Novacap focuses on center market corporations in 4 core sectors: Applied sciences, Industries, Monetary Companies, and Digital Infrastructure.
In December 2023, KYND introduced a partnership with worldwide reinsurance dealer Consilium.
This alliance permits Consilium’s brokers to make use of KYND’s cyber threat assessments to totally perceive their shoppers’ organisational dangers.
