Reinsurance News
Novel Financial Holdings
Flexpoint investment in Novel to support continued expansion
22nd June 2026
Novel Financial Holdings has secured an investment from Flexpoint Ford, a specialist private equity firm, to support its continued expansion as a diversified underwriting and insurance services holding company. Funded through Flexpoint Asset Opportunity Fund III and Flexpoint Insurance Opportunity Fund I, the capital investment broadens Novel's ownership base and reinforces ... Read the full article
Novel launches with Bredahl as CEO, Bonneau as Chairman
28th May 2025
Novel Financial Holdings, a new independent holding company that will oversee insurance carriers supporting managing general underwriters (MGUs), has launched with former PartnerRe CEO Jacques Bonneau as Chairman and Howden Re’s Rob Bredahl as CEO. The executive team also includes Chris Coleman as Chief Financial Officer and David Drury as Head ... Read the full article
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