CONSHOHOCKEN, PA — Novacore has officially launched, ushering in a new era for the industry with its commitment to innovation and advanced technology. Building on the 35-year success of NSM Insurance Group, Novacore aims to redefine the specialty insurance landscape for agents, carrier partners, and clients.
With backing from New Mountain Capital, an investment firm managing over $55 billion, Novacore is poised for significant growth. The company currently supports over 20,000 agent partners nationwide, offering more than 15 specialized programs and a premier retail agency. Key priorities include leveraging artificial intelligence, predictive analytics, and scalable operations to enhance underwriting and client services.
“This is a defining moment in our evolution,” said Aaron Miller, CEO of Novacore. “We now have the opportunity to build on NSM’s stellar legacy and take it to bold, new heights. Novacore is our chance to meet the market’s evolving needs and blaze our own trail with a forward-looking mindset. The sky is not the limit—it’s just the beginning.”
Chase Clark has been appointed Chief Operating Officer and Chief Underwriting Officer, tasked with driving operational efficiency and program performance. Phil Dwyer, now Executive Vice President of Corporate Development, will guide Novacore’s long-term growth, including strategic acquisitions.
New Mountain Capital’s Managing Director, Robert Mulcare, expressed his optimism for Novacore’s future, calling it “a market leader with outstanding fundamentals and visionary leadership.”
By sharpening its focus on advanced technology, streamlined workflows, and customer-centric solutions, Novacore stands ready to transform the industry, delivering long-term value to stakeholders while seizing emerging opportunities.
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