Effective November 1 2025, Lloyd Sadd will now be doing business as Navacord. Nothing changes for our clients — service, policies and contacts remain the same. This update simply reflects our new brand and combined resources to better serve our clients.
Marketplace Insight Spring 2020
A Hard Market & A Historic Downturn
Insurance companies are doing all they can to support customers through a historic business slowdown. But their need for ongoing rate increases persists.
Through the first quarter of 2020 Canadian insurance companies continued to follow through on rate increases and appetite restrictions—undertaken in 2019—which were aimed at returning the industry to profitability.