Novatae Risk Group - About the company
Novatae Risk Group is a funded company based in Dallas (United States), founded in 2009 by Paul Thomson. It operates as a Provider of wholesale insurance distribution services. The company has 77 active competitors, including 2 funded and 20 that have exited. Its top competitors include companies like XPT, Worldwide Facilities and Connectedanalyticservices.
Company Details
- Website
- novatae.com
- Social
- Email ID
- *****@novatae.com, *****@novatae.com
Key Metrics
Founded Year
2009
Location
Dallas, United States
Stage
Funding Raised
Ranked
2nd among 77 active competitors
Employee Count
211 as on Aug 31, 2026
Investment & Acquisitions
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Novatae Risk Group's funding and investors
Novatae Risk Group is a funded company.
Novatae Risk Group's founders and board of directors
Founder? Claim ProfileThe founders of Novatae Risk Group is Paul Thomson. Richard Kerr is the CEO of Novatae Risk Group.
Here are the details of Novatae Risk Group's key team members:
- Paul Thomson: Founder of Novatae Risk Group and founder of 1 other company. Contact Info: 1 email address
- Richard Kerr: CEO of Novatae Risk Group. Contact Info: 1 email address
View details of Novatae Risk Group's Founder profiles and Board Members
Novatae Risk Group's employee count trend
Novatae Risk Group has 211 employees as of Aug 26. Here is Novatae Risk Group's employee count trend over the years:
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Novatae Risk Group's Competitors and alternates
Top competitors of Novatae Risk Group include XPT, Worldwide Facilities and Connectedanalyticservices. Here is the list of Top 10 competitors of Novatae Risk Group, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  XPT 2017, New York City (United States), Series B | Wholesale insurance brokerage specializing in niche markets | $18.6M | 51/100 | |
2nd |  Novatae Risk Group 2009, Dallas (United States), Funding Raised | Provider of wholesale insurance distribution services | - | - | 48/100 |
3rd | Worldwide Facilities 1970, Los Angeles (United States), Acquired | Provider of wholesale specialty insurance products and services | $169M | 42/100 | |
4th | Connectedanalyticservices Plano (United States), Unfunded | - | - | - | 39/100 |
5th |  Euclid Program Managers 1952, Itasca (United States), Unfunded | Developer of managing general underwriter programs for insurance business owners | - | - | 38/100 |
6th |  Tennant Risk Services 1987, West Hartford (United States), Acquired | Wholesale P&C insurance broker | - | - | 38/100 |
7th | IL Group 1989, Gulf Shores (United States), Unfunded | Customized insurance products and services provider for financial institutions and agents | - | - | 36/100 |
8th | Boston Insurance Brokerage 2001, Boston (United States), Unfunded | Provider of insurance brokerage services | - | - | 35/100 |
9th | INSUREtrust 1997, Norcross (United States), Acquired | Provider of cyber insurance brokerage and risk management services | - | - | 33/100 |
10th |  Green Tree Risk 1935, Philadelphia (United States), Unfunded | Green Tree Risk Partners is a wholesale brokerage and program business placement specialist for the wood products, lumber, and building industry. | - | - | 33/100 |
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Novatae Risk Group's Investments and acquisitions
Novatae Risk Group has acquired 3 companies including Bretton Woods, Olympic Advisors and MarketScout. Novatae Risk Group has not made any investments as of now.Here is the list of its acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Mar 13, 2024 | Acquisition | 2015 | London (United Kingdom) | |
Dec 05, 2022 | Acquisition | 2001 | Stamford (United States) | |
Nov 10, 2022 | Acquisition | 2000 | Dallas (United States) |
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Reports related to Novatae Risk Group
Here is the latest report on Novatae Risk Group's sector:
News related to Novatae Risk Group
Filter this listMedia has covered Novatae Risk Group for a total of 7 events in the last 1 year, 7 of them have been about people movement.
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Novatae Risk Group Appoints Brian Voorhees as Managing Director of Personal LinesInsurance Journal•May 08, 2026•Novatae Risk Group
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NOVATAE RISK GROUP NAMES J. CLAY KADLIC NEW VP STRATEGIC PARTNERSHIPSPR Newswire•Apr 27, 2026•Novatae Risk Group
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Transamerica Appoints Jason Frain as Head of Retirement SolutionsPR Newswire•Aug 26, 2025•Trans America, Novatae Risk Group
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Nick Greggains Appointed CEO of Novatae Risk Group, Succeeding Richard KerrReinsurance News•Aug 26, 2025•Novatae Risk Group
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Novatae Risk Group Names Arora as VP Data, Business Intelligence & Innovation
Insurance Journal•Jul 22, 2025•Novatae Risk Group, Ethos Specialty
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Novatae Risk Buys Up Ajax Specialty Insurance in AtlantaInsurance Journal•Apr 11, 2025•Novatae Risk Group, AJAX
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