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Novae Group plc

Novae Group plc

Sector: Insurance Agents Brokers And Service Region: United Kingdom


: | London Stock Exchange: NVA


Novae Group plc is a holding company, which provides insurance and reinsurance underwriting services to international and the United Kingdom provincial markets. The company's operating segments include Specialty, Property, Liability and Aviation and Marine. The Specialty segment is made up of underwriting units writing claims-made liability business, primarily for financial institutions, corporate bodies and professional services firms. The Property segment consists of direct and reinsurance business transacted in the United States and others. The Property segment provides coverage against damage or disruption caused by both natural hazards and man-made events. The Liability segment offers occurrence form liability coverage for both the non-marine and marine markets. The Aviation and Marine segment made up of units providing property and liability coverage to the international marine, aviation and energy markets. The company is headquartered in London, UK.

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