hyperexponential partners with Novacore to unify pricing, rating, and underwriting workflows across its 20-program specialty portfolio. Partnership brings novacore's full specialty book onto one platform, feeding real-time portfolio signals directly into underwriting decisions. LONDON and CONSHOHOCKEN, PA, Aug. 27, 2026 (GLOBE NEWSWIRE) - hyperexponential (hx), the agentic platform for underwriting work, today announced a partnership with Novacore, the independent specialty insurance managing general agent (MGA). The deployment will bring Novacore's admitted, non-admitted, and reinsurance programs onto a single hx platform, giving its teams unified pricing operations and portfolio visibility across the business. Novacore will move all 20 of its specialty programs onto hx, spanning specialty transportation, real estate, alternative risk, social services, and reinsurance. Most programs are expected to be live within the next year, with the rest to follow as the partnership grows. Rather than managing disconnected systems program by program, Novacore's teams can now compare performance across the book, catch issues earlier, and move faster on the rate changes that matter most, without the IT bottlenecks that have historically slowed them. "Bringing our admitted, non-admitted, and reinsurance programs onto a single platform is an important step in enabling Novacore's ability to continue to scale in a profitable manner," said Darren Govender, Chief Product Officer of Novacore. "Our actuarial team can efficiently build, deploy and govern pricing and underwriting models across all our programs in one place whilst also having close to real time insight of key performance indicators across the portfolio." "Novacore was built to be a forward-thinking, agent-friendly specialty MGA," said Aaron Miller, CEO of Novacore. "That means scaling smart, pricing sharper, and being the partner that sets the pace rather than waiting on it. hyperexponential gives us one foundation across admitted, non-admitted, and reinsurance, so we can spot trends early, respond deliberately, and stay ahead of the market for our agents and carriers." "We're proud to partner with Novacore," said Richard Gunn, President at hyperexponential. "The old model treated pricing, rating, and portfolio visibility as three separate problems. Novacore shares our vision for one agentic platform: where portfolio signals reach underwriters at the moment they're pricing, not in a report they check later." Novacore expects to bring its remaining specialty programs onto hx over the course of the rollout, extending unified pricing and portfolio visibility across its full book. About hyperexponential hyperexponential (hx) is the agentic platform for commercial P&C insurance underwriting. The platform amplifies underwriting judgment across submission triage, risk assessment, pricing, and portfolio steering, helping carriers write more business at a better loss ratio. hx is trusted by leading global insurers for underwriting decisions across more than $75 billion in annual commercial P&C premium. Customers include Aviva, Allianz, Sompo, Beazley, Markel, HDI, Cincinnati, Convex, and Bowhead. Learn more at hyperexponential.com. About Novacore Novacore is an independent, next-generation specialty insurance provider with a bold mission: transforming insurance - for agents, carrier partners, clients and the future. Building on the 35-year track record of NSM Insurance Group, Novacore delivers industry-specific insurance programs through specialized underwriting, advanced technology and trusted carrier partnerships. The company partners with more than 20,000 agents nationwide and offers 20+ specialty programs across a diverse set of markets. For more information, visit novacore.com. [email protected] Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. Alabama Business Reporter do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Novacore, an independent specialty insurance provider based in Conshohocken, Pennsylvania, has launched an environmental segment focused on environmental remediation and pollution liability risk. The company appointed three industry veterans to lead the initiative. Cole Russo joins as president, environmental, bringing over 30 years of experience in insurance underwriting, broking and claims management. Roland Costanzo becomes chief operating officer and executive vice president of underwriting, with more than 30 years in environmental management and claims. Al Nesheiwat joins as vice president, senior underwriter, with over 30 years of experience across insurance, petroleum and chemical sectors. The segment will offer re-engineered Environmental Remediation Cost Cap and Pollution Legal Liability products, with business expected to begin later this year.

Novacore chooses FurtherAI as strategic AI partner. Jul. 14, 2026, 08:00 AM San Francisco, CA, July 14, 2026 (GLOBE NEWSWIRE) - FurtherAI, the AI workspace built for insurance, today announced that Novacore has adopted its workspace as the AI foundation powering their underwriting operations across multiple programs. Novacore is deploying FurtherAI as an orchestration layer for its insurance programs, with AI-powered tools around the entire underwriting workflow built on top of the workspace. The architecture is designed to adapt to the specific workflows and processes that Novacore's underwriters have developed over time - making it core IP for the organization. The deployment has gone smoothly, replacing legacy systems that lacked the configurability modern underwriting demands. Unlike previous-generation systems that risk becoming outdated, FurtherAI is built to evolve alongside advances in underlying model capabilities. Across programs, teams have seen strong early results in both delivery capabilities and the workspace's ability to mold itself to the needs of the end user. "We looked hard at the previous generation of underwriting systems, and what sets FurtherAI apart is their focus and expertise in our space and how they leverage the latest AI models to address our complicated workflow challenges. This isn't a workspace that will be legacy in a year - it grows with us." said Joe Christman, Chief Technology & AI Officer at Novacore. "FurtherAI is going to be a strategic lever as we continue to expand the Novacore workspace and pursue acquisitions," said Aaron Miller, CEO of Novacore. "What excites me most is what it means for how we scale - FurtherAI gives us data centralization, orchestration, and a true intelligence layer across our business. It puts data and information directly at the fingertips of our underwriting teams, which means they can spend less time chasing details and more time on what actually matters - risk selection. As we bring new programs and companies into our portfolio, having that foundation in place is going to make all the difference." About FurtherAI FurtherAI is a domain-specific AI company purpose-built for the insurance industry. Its Agentic Workspace automates complex workflows such as submission intake, policy comparisons, and underwriting audits - making insurance teams faster, smarter, and more efficient. Leading insurers, reinsurers, MGAs, and brokers rely on FurtherAI. By combining insurance domain knowledge with advanced AI, FurtherAI removes busywork from insurance workflows so professionals can focus on the work that matters most. FurtherAI is backed by Andreesseen Horowitz, Y-Combinator and other top-tier venture investors from Silicon Valley. About Novacore Novacore is an independent specialty insurance provider built to transform the way specialty programs are run. Formerly the U.S. commercial division of NSM Insurance Group, Novacore manages over $1.5 billion in premium across 20+ specialty programs, partnering with more than 20,000 agents nationwide. Backed by New Mountain Capital, Novacore is expanding its platform through acquisitions and innovation - with a mission to deliver smarter, more efficient underwriting for the modern insurance industry. Markets Insider and Business Insider Editorial Teams were not involved in the creation of this post. Sponsored Financial Content