NOVATAE RISK GROUP NAMES INDUSTRY LEADER NICK GREGGAINS AS ITS NEW PRESIDENT

DALLAS, March 3, 2025 /PRNewswire/ -- Novatae Risk Group (Novatae), a leading MGA, underwriting manager and wholesale insurance distributor, announced today that it has named industry leader Nick Greggains as its President. In this new role, Greggains will become a member of the executive leadership team working with its CEO, Richard Kerr, in setting strategic direction and financial performance. His focus will be to improve underwriting discipline, develop and implement growth strategies, manage relationships with key clients and oversee operational excellence.

"Nick's expertise in operating insurance companies including setting strategy, building teams, attracting and retaining talent and driving performance will prove invaluable for our business," said Richard Kerr, Novatae's chief executive officer. "We are thrilled to have him join our team and look forward to this next phase of growth."

"I'm excited to join the talented team at Novatae and contribute to its growth in the ever-evolving insurance landscape," said Nick Greggains, President of Novatae. "Novatae's success to date, in such a short period, is simply impressive and I look forward to helping drive that continued success into the future."

Greggains comes to Novatae with more than 35 years of insurance industry experience specializing in building teams, setting strategy and driving performance. For the past four years, he served as President and CEO of Ethos Specialty Insurance Services. Prior to that, he held leadership roles at Pioneer Underwriters, XL Insurance and Catlin Group.

Greggains holds a B.A., Business Studies, Finance from Sheffield Hallam University in England and is an Associate of the Chartered Insurance Institute. He also holds the designation of Associate in Risk Management from the Insurance Institute of America.

Greggains will assume his new role at Novatae as of March 3, 2025.

About Novatae Risk Group
Novatae Risk Group (Novatae) is a full-service wholesale insurance brokerage, managing general agency and program manager providing brokers and their clients with specialty insurance products and services for complex and hard-to-place risks across property, casualty, workers' compensation, cyber, professional, management, construction, environmental, garage, inland marine/ocean marine, contingency and many more. As a "Top-7 Largest MGA, Underwriting Manager, and Lloyd's Coverholder" (Business Insurance), Novatae serves more than 6,000 clients from 27 offices across the United States. For more information, please visit www.novatae.com.

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SOURCE Novatae Risk Group