# Novatae Risk Group

> Specialty insurance, reimagined \-\- a leading MGA, program underwriter, Lloyd's Coverholder, and wholesale broker with access to 500\+ global markets\.

## At a glance

| Field | Value |
| --- | --- |
| Type | MGA |
| Region | NA |
| Headquarters | Dallas, TX |
| Founded | 2022 |
| Stage | Established |
| Employees | 201-500 |

## Overview

Novatae Risk Group is a top-tier specialty insurance distributor headquartered in Dallas, Texas, operating as a Managing General Agent (MGA), program underwriter, Lloyd's Coverholder, and wholesale broker. The company was formed in November 2022 when World Insurance Associates consolidated seven of its wholesale insurance businesses under a single unified brand -- the name derived from the Latin "novae terrae," meaning "new world."

Novatae serves over 6,000 clients through access to more than 500 global insurance markets, writing over USD 971 million in annual premiums across 27 U.S. offices. Business Insurance has ranked it among the top seven largest MGAs and Lloyd's Coverholders in the United States.

The company accelerated its growth through a series of strategic acquisitions, including MarketScout (2022), Bretton Woods International (2024), Denali Specialty Group (2024), and Ajax Specialty Insurance (2025). In Q4 2023, Novatae's parent company (World Insurance Associates) secured USD 1 billion in equity investment from Goldman Sachs Asset Management, with Charlesbank Capital Partners holding equal board representation.

## Products & services

### Allied Assisted Living Facility Program

Specialty coverage for assisted living and long-term care facilities.

**Key features:**

- General liability
- Professional liability
- Property coverage

*Target users:* Senior care operators and long\-term care providers\.

*Distribution:* Wholesale through retail insurance brokers and agents\.

### Allied Healthcare Program

Medical professional liability and related coverages for healthcare organizations.

**Key features:**

- Healthcare professional liability
- General liability

*Target users:* Healthcare providers and allied health professionals\.

*Distribution:* Wholesale through retail brokers\.

### Builders' Risk Program

Coverage for construction projects during the build phase.

**Key features:**

- Ground\-up construction
- Renovation projects
- Soft costs

*Target users:* General contractors, developers, and project owners\.

*Distribution:* Wholesale and retail channels\.

### Contractors Guard Program

GL and excess coverage for contractors, including a Construction Defect variant.

**Key features:**

- Commercial general liability
- Excess liability
- Construction defect coverage

*Target users:* General and specialty contractors\.

*Distribution:* Wholesale brokers\.

### Fine Art & Specie Program

Specialist coverage for fine art, jewelry, and valuables.

**Key features:**

- All\-risk coverage for fine art
- Specie vaults and transit

*Target users:* Galleries, collectors, dealers, and museums\.

*Distribution:* Specialty brokers and private client advisors\.

### Flood Program

Surplus lines flood coverage for commercial and residential risks.

*Target users:* Property owners in flood\-prone areas not served by NFIP\.

*Distribution:* Retail agents and wholesale brokers\.

### Miscellaneous Professional Liability Program

Exclusive MPL program for a broad range of professional service firms.

*Target users:* Consultants, staffing firms, technology companies, and other professionals\.

*Distribution:* Wholesale brokers\.

### Private Client Solutions

High-value personal lines for affluent individuals and families.

**Key features:**

- High\-value home
- Valuable articles
- Excess liability

*Target users:* High\-net\-worth individuals\.

*Distribution:* Independent agents and specialty brokers\.

### Specialty Lines \(Open Brokerage\)

Wholesale brokerage access to E&S markets for risks across:

**Key features:**

- Cyber & Privacy Liability
- Environmental Liability
- Errors & Omissions
- Garage Liability
- General Casualty
- Inland/Ocean Marine
- Management Liability
- Commercial Property
- Workers' Compensation

*Target users:* Retail agents and brokers needing E&S market access\.

*Distribution:* Wholesale brokerage, direct from Novatae offices\.

## Links

- Website: <https://novatae.com>
- Directory profile: <https://insurtechlist.com/companies/novatae-risk-group/>
- Careers: <https://novatae.com/join-us>
- Linkedin: <https://www.linkedin.com/company/novatae-risk-group/>
- Press/news: <https://novatae.com/category/news>
- Agent portal: <https://midatlantic.appulate.com/signin>

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*Last updated: 2026\-06\-04*