Reinsurance News
Novatae Risk Group
Novatae names Walter Juergens as CFO
12th January 2026
Novatae Risk Group, a wholesale insurance brokerage, managing general agency, and program manager, has announced the appointment of Walter Juergens as its new Chief Financial Officer (CFO). In his new role, Juergens will oversee the entirety of Novatae’s financial management. His responsibilities include driving a strategic financial mindset and implementing change ... Read the full article
Novatae Risk Group hires Kimberly Jenkins as COO
23rd October 2025
Novatae Risk Group, a wholesale insurance brokerage, managing general agency, and program manager, has appointed Kimberly Jenkins as its new Chief Operating Officer (COO). In this role, Jenkins will oversee Novatae's operations and business strategy, leading initiatives to drive profitable growth through enhanced operational effectiveness, evolving systems and infrastructure, and building ... Read the full article
Nick Greggains succeeds Richard Kerr as CEO of Novatae
26th August 2025
Novatae Risk Group, a wholesale insurance brokerage, managing general agency, and program manager, has appointed Nick Greggains as its new Chief Executive Officer, succeeding Richard Kerr, who left the firm effective August 22nd, 2025. Kerr served as CEO of Novatae for nearly three years. He was also Chairman and CEO of ... Read the full article
Novatae appoints Anju Arora VP of data, business intelligence & innovation
23rd July 2025
Novatae Risk Group, a managing general agent (MGA) and underwriting manager, has announced the appointment of Anju Arora as Vice President of data, business intelligence and innovation, a newly created role. Arora has been tasked with driving Novatae's data-driven transformation overseeing business intelligence, analytics, and innovation programs that align with the ... Read the full article
Insurance rates continue to climb in Q2’25, according to Novatae Risk Group
17th July 2025
Insurance rates across the US continued their upward trend in the second quarter of 2025, according to new data released by MarketScout, a national insurance distribution and underwriting company, in collaboration with Novatae Risk Group, a specialty insurance brokerage and risk advisory firm. For commercial insurance, average rates rose by 2.8% ... Read the full article
Novatae acquires Ajax Specialty Insurance
14th April 2025
Novatae Risk Group, a wholesale insurance brokerage, managing general agency, and program manager, has acquired the assets of Atalanta-domiciled Ajax Specialty Insurance. The terms of the transaction were not disclosed. Founded in 2012 by current Chief Executive Officer (CEO), Andy Bierbaum, Ajax is a specialised wholesaler focused on the management and professional ... Read the full article
Novatae Risk names John Catrabone as Vice President of Carrier Relations
29th October 2024
Novatae Risk Group, a wholesale insurance brokerage, managing general agency, and program manager, has appointed John Catrabone as Vice President of Carrier Relations, based out of Ohio, US. In this role, Catrabone will manage and grow carrier relationships along with procuring new strategic alliances and partnerships to enhance Novatae's overall product ... Read the full article
Novatae Risk acquires Denali Specialty
10th July 2024
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 ... Read the full article
Novatae Risk acquires Bretton Woods International
19th March 2024
Novatae Risk Group, the wholesale insurance brokerage, managing general agency and program manager, has completed its acquisition of Bretton Woods International (BWI) of London, England. BWI is a specialized insurance broker focused on open market and program placements, covering complex contingency, accident & health, cyber, professional liability, management risk, and general ... Read the full article
Novatae appoints Von Breaux as its new COO
9th November 2023
Wholesale insurance brokerage and managing general agency, Novatae Risk Group, has appointed Von Breaux as the firm's new Chief Operating Officer (COO), where he will be responsible for operational activities related to the company's wholesale, managing general agency and program business. Breaux has more than 35 years of leadership experience in ... Read the full article
Novatae Risk acquires MarketScout, names Richard Kerr CEO
10th November 2022
Novatae Risk Group, a full-service wholesale insurance broker, managing general agency (MGA) and programme manager, has acquired fellow, Dallas-based brokerage firm MarketScout Corporation, and announced the latter's Founder and Chief Executive Officer (CEO), Richard Kerr, as its new CEO. Effective immediately, Kerr takes over from acting CEO and Chief Operating Officer (COO), ... Read the full article
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