Novatae Risk Group, a managing general agency, program manager and wholesale brokerage, said it has launched its new miscellaneous professional liability program with a focus on fast quoting for brokers and exceptional claim service for insureds. With underwriting handled in-house …
Novatae Risk Group announced that it acquired the Lloyd’s broker Bretton Woods International (BWI) of London. The transaction is subject to applicable regulatory approval and is expected to close before the end of the second quarter. Terms of the transaction …
Novatae Risk Group announced that it acquired the assets of American Management Corporation, (“AMC”) of Conway, Arkansas on September 1, 2023. Terms of the transaction were not disclosed. AMC was founded over 60 years ago and has grown into a …
Managing general agent Novatae Risk Group said it acquired fellow MGA, MarketScout Corp., on Nov 1. Terms of the transaction were not disclosed. Richard Kerr, founder and CEO of Dallas-based MarketScout, was named CEO of Novatae, effective immediately. Steve Cook, …
