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:
About the Author
Insights
- Alternatives to the California FAIR Plan
- What is Coastal Property Insurance? An Agent’s Guide
- Sourcing New York Construction Liability Insurance
- New York Labor Law Insurance Guide
- Texas Ranch Insurance: Essential Coverage Guide
- What Types of Insurance do Freight Brokers Need?
- Essential Texas Oil & Gas Insurance Solutions
- The CrowdStrike Global Tech Outage: How Independent Insurance Agents Can Advise Their Clients
- How Trademark Insurance Works: Key Considerations
- Luxury Home Insurance Coverage - How it Works
- Understanding Data Breach & Cyber Liability Insurance
- Workers Comp vs Occupational Accident Insurance Compared