Personal 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 broaden its operations throughout Canada. Additionally, the corporations goal a sturdy nationwide platform within the harm insurance coverage brokerage trade.
Consilium is headquartered in Montreal and was based in 2013 to convey giant firm experience and repair to the center market.
Moreover, the funding in Consilium demonstrates Novacap’s dedication to fostering development in monetary companies.
“Novacap is thrilled to associate with Consilium and help their imaginative and prescient of changing into a number one nationwide insurance coverage brokerage” mentioned Jean-Philippe Garant, Principal, Monetary Providers, at Novacap. “Consilium’s dedication to excellence and repair aligns completely with our values. Collectively, we’ll create long-term worth by leveraging our mixed sources to drive development.”
“Becoming a member of forces with Novacap marks a big milestone for Consilium. Their intensive expertise within the insurance coverage trade 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 associate with visionary entrepreneurs, Novacap focuses on center market firms in 4 core sectors: Applied sciences, Industries, Monetary Providers, 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 danger assessments to completely perceive their shoppers’ organisational dangers.