Dehoney Financial Group announces death of founder and former CEO

According to a statement from the company, Dehoney got his start in the insurance industry more than 40 years ago. He credited his father as his role model and mentor, and the one who inspired him to take a career in life insurance.

The company also noted that Dehoney attributed much of his business know-how to IBM, where he worked after graduating from the University of Texas with a degree in business administration, and before he worked at Manulife as a licensed insurance agent. According to him, IBM was “firm but fair, structured but flexible,” and focused on honesty and hard work.

Dehoney envisioned building an insurance company with the best people and offering outstanding products and services. That vision became Dehoney Financial Group, which provides group benefits, retirement, and personal financial advice. The company has since grown to over 30 employees – many of whom have been with Dehoney for over 20 years.

“Jim was a large presence in our industry, our community, and our lives,” a statement from Dehoney Financial Group said. “Jim was kayaking in September, carving pumpkins with his team at Halloween, and working daily until the last week of November. We have lost a trusted advisor and friend.”

“Jim will be missed but remembered and honoured in our lives and our work.”

Dehoney Financial Groupwas acquired by Navacord in September 2020. The deal expanded Navacord’s national benefits practice.