Novae Insurance Company Limited is a wholly owned subsidiary of Novae Group plc, rated A- (excellent) by AM Best.
Novae Insurance's mission is to provide the optimal business model for
an entirely new insurance environment. Our foundations are our
people. Our underwriters and claims teams are all selected for
their proven experience within the specialist field of professional
liability insurance. They focus solely on providing first class
service in both underwriting and claims.
Novae Insurance's expertise is supported by innovative IT solutions that
deliver profitable, cost effective speciality products quickly
and easily to chosen partners.
Novae's specialist underwriting team writes business in the
following categories:
-
Professional Indemnity
-
Directors' & Officers' Liability
-
Medical Malpractice
-
Miscellaneous Errors and Omissions
-
General Liability (EL&PL)
Business is written for:
-
Professional practices (excluding large international firms)
- Both SME and larger corporate sectors
-
Trade and professional bodies, for both corporate and individual members'
schemes
-
Not-for-profit organisations
-
Publicly traded companies
Novae
will offer selective agencies across all liability classes, backed by agreed
service standards and a commitment to a jointly developed underwriting
partnership.
Novae is driven by the philosophy of tangible commitment to service and delivery and our vision sets us apart. Ultimately, it enables us to save you - our broker partners - time and money without compromising on quality. Additionally:
- Novae is selective about its broker relationships
- Broker partners share Novae’s understanding of the market
- Novae invests in product development and provides a commitment to managing transactional costs
- Each broker partner has a dedicated Relationship Manager
- A bespoke underwriting team supports each account on a day to day basis
- Underlying all of this is Novae’s commitment to delivering exceptional response times
- Novae's executive managers boast a unique experience and skill-set
- Novae's online underwriting platform is available for partnership brokers
- Novae offers distribution and marketing expertise, creativity and a "can do" mentality
- Novae will deliver dedicated and achievable Service Level Agreements and real time online claims reporting