Novatae CEO Discusses Growth with Insurance Business Magazine

Mar 3, 2023

Novatae CEO Richard Kerr sat down this week with Insurance Business Magazine to discuss his plans to grow the business to $2 billion in premium within 3 years. Richard outlined Novatae’s goals and his plans for the near future. With growth coming mostly from acquisitions, he also plans on building specialty teams within the organization, focused on building specialty programs. 

Bringing multiple companies together under one roof has its challenges. The article states:

“With culture, as with other business elements, Novatae is taking a ‘blending’ approach to what works and what doesn’t, and Kerr said it is aiming to ‘take the best of what each [business] has to offer’”.

Kerr also highlights Novatae’s approach to their customers and how they will be building relationships with retail agents.

“...we’re going to be very straightforward with the retail community and tell them exactly what we’re good at and we’re going to try and be the very best at that.” 

Read more about Novatae’s plans for growth and its commitment to their customers in the full article:

Novatae targets $2 billion in premium – CEO

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