MarketScout, a division of Novatae
InsuranceTexas, United States51-200 Employees
MarketScout, a division of Novatae, is an insurance distribution and underwriting company headquartered in Dallas, Texas. It operates as a Lloyd's Coverholder and a managing general agent for U.S. insurers, and it owns and operates the MarketScout Exchange along with more than 40 other underwriting and distribution venues. The company founded and administers industry programs such as the Council for Insuring Private Clients and the Certified Personal Risk Manager designation in partnership with The National Alliance for Insurance Education and Research. Since 2007, it has launched initiatives including the Entrepreneurial Insurance Alliance, the MarketScout InsurTech venture fund established in 2017, and an Incubator launched in 2018 to accelerate start-up MGAs and provide operational support for existing MGAs and insurers, in addition to presenting the Entrepreneurial Insurance Symposium each September. MarketScout maintains offices across multiple states, holds California license number 260357, and following the November 2022 acquisition by Novatae Risk Group operates as a division of Novatae; the company has 51-200 employees.