Nick Greggains Takes the Helm at Novatae Risk Group as New President

Novatae Risk Group Welcomes New Leadership



In a significant organizational shift, Novatae Risk Group has announced the appointment of Nick Greggains as its new leader, stepping into the role of president effective immediately. This change comes on the heels of Richard Kerr's departure as CEO, which took effect on August 22, 2025.

Founded as the wholesale division of World Insurance Associates, Novatae is recognized for its full-service offerings in specialty insurance, making this leadership change a pivotal moment in the company's trajectory.

During the announcement, Rich Eknoian, the CEO of World Insurance Associates, expressed gratitude toward Kerr for his three years of dedicated service and his many contributions to the company. Eknoian emphasized the excitement surrounding Greggains' leadership, stating, "We are delighted to have Nick take on this role at such an exciting point in the firm's journey."

Greggains, who already served as president of Novatae, expressed enthusiasm about leading the organization into a new growth phase. He remarked, "It's an honor to lead the Novatae organization into its next phase of growth. We have tremendously talented colleagues here at Novatae, a broad portfolio of products and services to offer and an ambition to find more solutions for our clients." His commitment to the firm's mission and its promise to provide innovative solutions to clients speaks volumes about the direction Novatae is heading under his guidance.

This leadership transition occurs during a period of growth for Novatae Risk Group, which operates as a managing general agency and program manager for complex and hard-to-place risks, including property, casualty, workers' compensation, and cyber insurance. As a leading player in the insurance industry, Novatae is strategically positioned to continue expanding its operations and enhancing client service offerings.

World Insurance Associates and, by extension, Novatae, pride themselves on their national presence, with over 300 offices in the U.S. and U.K. This extensive reach supports their mission of empowering clients through informed decision-making and innovative risk management strategies. The comprehensive range of products they offer is crafted using data-driven analytics, showcasing the firm's adaptability in a rapidly evolving market.

As Nick Greggains takes the reins, anticipation builds around the potential new initiatives and strategic directions Novatae might explore. With a seasoned team behind him and a commitment to innovation, the firm aims to directly impact its clients' risk management outcomes and long-term financial success.

The future looks bright for Novatae Risk Group as it embarks on this new chapter. The leadership transition symbolizes not just a change in personnel, but also a renewed dedication to client service and innovative solutions. Under Greggains' leadership, stakeholders can expect a continued focus on growth, teamwork, and a client-centric approach to meet the evolving insurance needs of the market.

For further updates about Novatae Risk Group and its offerings, visit their official website at Novatae.

Topics Financial Services & Investing)

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