Navacord to acquire RWAM Insurance Administrators and Programmed Insurance Brokers.

Navacord, an insurance brokerage firm that offers risk management and consulting solutions, agreed to acquire RWAM Insurance Administrators, an insurance company that offers employee benefit solutions, and Programmed Insurance Brokers, an offeror of insurance and financial services. Financial terms were not disclosed. “We are thrilled to join forces with Navacord. Their decentralized model allows us to keep our autonomy, maintaining our partner relationships, while benefiting from the alignment with a national organization. This collaboration presents a unique opportunity for both companies to combine our strengths and deliver even greater value to our clients. Together, we will continue to raise the bar in the insurance industry,” Carole Yari, RWAM CEO.