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SVB Holdings creates Novae Underwriting

Novae Underwriting, a new specialist liability writer for the small and medium-sized enterprise (SME...

Novae Underwriting, a new specialist liability writer for the small and medium-sized enterprise (SME) sector, has been created by SVB Holdings. The new venture, which has already commenced underwriting but will only be formally launched in April, will carry professional indemnity (PI), directors' and officers' liability, medical malpractice, general liability and legal expenses business. Novae will write business from professional practices (excluding large, international firms), SMEs, trade and

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imarket adds another MGA to portfolio

Industry-owned imarket has pushed further into the managing general agent sector with Chapman and Stacey Underwriting launching a liability product onto Open GI’s platform via its service.

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