Novel Financial Holdings Forms to Oversee Insurance Carriers Supporting Managing General Underwriters

Novel Financial Holdings Forms to Oversee Insurance Carriers Supporting Managing General Underwriters

JERSEY CITY, N.J.--(BUSINESS WIRE)--May 28, 2025-

Novel launches with Bredahl as CEO, Bonneau as Chairman

Novel Financial Holdings, a new independent holding company that will oversee insurance carriers supporting managing general underwriters (MGUs), has launched with former PartnerRe CEO Jacques Bonneau as Chairman and Howden Re’s Rob Bredahl as CEO. The executive team also includes Chris Coleman as Chief Financial Officer and David Drury as Head of Analytics & Risk. A highly regarded leader within the global re/insurance sector, Bonneau retired a…