Novae Names Elder Insurance Co. Underwriting Director

August 30, 2007

Novae Group plc has appointed Bill Edrich as underwriting director of the Group's insurance company Novae Insurance Company Limited (NICL).

He currently serves as the Group's medical malpractice underwriting manager and will continue in that role.

Peter Matson, the Group's chief underwriting officer, noted Edrich's "expertise and experience" as well as his "strong relationships with brokers and colleagues."

Novae's insurance company currently writes regional PI, London market PI, directors' and officers' liability, general liability and medical malpractice risks.

Source: Novae plc