Nick Greggains Takes the Helm as President of Novatae Risk Group, Pioneering Growth Strategies

Nick Greggains Takes the Helm as President of Novatae Risk Group

In a noteworthy development within the insurance sector, Novatae Risk Group, a prominent managing general agent (MGA) and wholesale insurance distributor, has appointed the seasoned industry leader, Nick Greggains, as its new President. This announcement comes as part of the company's commitment to enhance its strategic direction and operational effectiveness.

Strategic Leadership in Insurance

With a remarkable career spanning over 35 years in the insurance industry, Greggains brings a wealth of experience in building effective teams, formulating strategic plans, and driving performance. His new role will see him collaborating closely with CEO Richard Kerr, contributing to key decisions that shape the business's growth trajectory and financial performance.

Richard Kerr expressed enthusiasm regarding Greggains’ appointment, stating, “Nick’s expertise in operating insurance companies, from strategizing to talent management, is invaluable for our business. We are thrilled to have him on board and eagerly anticipate the next phase of our growth.”

Greggains' focus will be on improving underwriting discipline, cultivating growth strategies, maintaining relationships with crucial clients, and ensuring operational excellence throughout Novatae Risk Group. As the industry continues to evolve, his insights will be pivotal in navigating future challenges and opportunities.

A Vision for the Future

In his own words, Greggains articulated his excitement about joining Novatae: “I’m enthusiastic about working with the talented team at Novatae and contributing to its growth in the ever-evolving insurance landscape. The company’s accomplishments in such a short period are impressive, and I look forward to driving that success further.”

Prior to this new role, Greggains served as the President and CEO of Ethos Specialty Insurance Services for four years. His extensive resume also includes leadership positions at well-known entities like Pioneer Underwriters, XL Insurance, and Catlin Group. This varied background heightens expectations for his impact at Novatae.

Greggains obtained his B.A. in Business Studies with a focus on Finance from Sheffield Hallam University in England. Additionally, he is an Associate of the Chartered Insurance Institute and holds a designation in Risk Management from the Insurance Institute of America.

About Novatae Risk Group

Founded as a full-service wholesale insurance brokerage, Novatae Risk Group is renowned for its expertise in managing specialized insurance solutions for intricate and hard-to-place risks. The company operates as a managing general agency and program manager, providing an array of insurance products, including coverage for property, casualty, cyber risk, professional liability, and much more. With a solid reputation as one of the top seven largest MGAs, Novatae serves a diverse client base, exceeding 6,000, from 27 offices across the U.S.

As the insurance landscape continues to face new challenges and changes, the arrival of Nick Greggains is anticipated to usher in a new era of growth and innovation for Novatae Risk Group, ensuring they remain at the forefront of the industry.

For more information about Novatae Risk Group and their services, visit www.novatae.com.