The NOVO Consulting Group, LLC (NOVO) was formed by some of the top professionals in the industry. NOVO was specifically formed in response to state insurance department’s need for innovative, cost-effective services that assure quality and problem-free administration. NOVO is a regulatory consulting firm dedicated to specifically assisting your state in fulfilling their statutory responsibilities. Our firm offers high-level expertise and experience in conducting professional services regarding all aspects of insurance company operations. We have the expertise and experience necessary to assist your state in meeting the expanding regulatory compliance challenges.
The NOVO team is able to offer a full range of services, from regulatory, system, and data requirements review, to market conduct reviews, systems reviews, training, and ongoing support.
NOVO’s team: NOVO offers a team of long-time, dedicated, highly trained professionals with tremendous experience in all areas of insurance regulation including insurance accounting and statutory law. The NOVO team is able to offer a full range of services, from regulatory, systems, market conduct reviews to training and ongoing support.NOVO personnel are nationally known for insurance training, education and instruction.
Our company is made up of both experienced insurance regulators, former insurance representatives and executives. At a certain level of achievement, some firms and individuals have earned the right to seek more from their respective careers. The individuals that came together to comprise NOVO are at such a level. NOVO has a number of professionals with financial, market conduct, and regulatory examination experience. In addition, our professionals are experienced in using automated audit software such as TeamMate and Audit Command Language (ACL). We also offer the services of actuarial analysis and specialists in the field of investments, reinsurance and information systems.