Novatae Risk Group, a wholesale insurance brokerage, managing general agency, and program manager, has announced its acquisition of Denali Specialty Group’s assets.
Founded in 2019, Denali Specialty Group is a full-service insurance intermediary led by Michael Eichhorn, Kerri Senger, and Paul Krutek, with a leadership team boasting decades of experience. Denali specialises in investment properties and also focuses on cannabis, excess worker compensation, and student housing.
Michael Eichhorn, CPCU, President and CEO of Denali, said, “As a firm, we are highly focused on the relationship side of the business and by focusing on niche programs and specialty lines business, we can provide our distribution partners the subject matter experts they need to succeed in today’s competitive marketplace environment.”
He added, “We look forward to continuing this focus as part of Novatae.”
Richard Kerr, Chief Executive Officer of Novatae, remarked, “Michael and the Denali team bring deep expertise in program development. Their exclusive investor property program has allowed them to become one of the fastest-growing property MGAs in the country.”
“Mike and his team will bring new facilities and additional underwriting talent to the Novatae Group,” Kerr concluded.
