
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 progress and broaden its operations throughout Canada. Additionally, the corporations goal a strong nationwide platform within the harm insurance coverage brokerage trade.
Consilium is headquartered in Montreal and was based in 2013 to carry massive firm experience and repair to the center market.
Moreover, the funding in Consilium demonstrates Novacap’s dedication to fostering progress in monetary companies.
“Novacap is thrilled to associate with Consilium and assist their imaginative and prescient of turning into a number one nationwide insurance coverage brokerage” stated Jean-Philippe Garant, Principal, Monetary Providers, 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 progress.”
“Becoming a member of forces with Novacap marks a major milestone for Consilium. Their in depth expertise within the insurance coverage trade and strategic assist might be invaluable as we embark on this subsequent section of progress,” commented Christian Foisy, President of Consilium. “We sit 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 threat assessments to totally perceive their shoppers’ organisational dangers.