This move strengthens PUA’s leadership in architects and engineers professional liability and expands expertise serving design professionals nationwide.

CONSHOHOCKEN, PA, June 3, 2026 – Novacore, an independent specialty insurance provider transforming insurance through underwriting expertise, technology and carrier partnerships, today announced the addition of Euclid Design Underwriters, LLC to its Professional Underwriters Agency (PUA) program. The move expands PUA’s capabilities in architects and engineers (A&E) professional liability and further strengthens its position as a leading provider of specialty professional liability solutions.

Euclid Design Underwriters is a specialized managing general agent focused on errors and omissions (E&O) coverage for architects, engineers and design professionals. The organization has built a strong reputation through technical underwriting expertise, longstanding broker relationships and a deep understanding of the unique risks facing the design professional community.

With the addition, Euclid Design’s team and capabilities will become part of PUA, enhancing the program’s ability to deliver tailored solutions, expanded market access and exceptional service to agents and insureds nationwide. The Euclid Design brand will be integrated into PUA, creating a stronger and more comprehensive offering for the design professional market.

“Professional liability remains a core area of strategic focus for Novacore, and the addition of Euclid Design further strengthens our expertise in serving design professionals,” said Aaron Miller, Chief Executive Officer of Novacore. “The Euclid Design team has built a highly respected business with a strong underwriting culture and deep industry knowledge. This addition underscores our strategy of investing in proven specialty programs, deepening expertise within our existing portfolio and creating sustainable opportunities for profitable growth.”

“Euclid Design represents exactly the kind of specialized, high-caliber underwriting operation that defines excellence in the professional liability space. Chris and David have built something truly lasting: a respected brand, a loyal broker network, and a team that sets the standard for A&E expertise. We couldn’t be more confident that Novacore is the right home to carry that legacy forward,” said Nick Colis, Chief Program Officer of Euclid Program Managers.

The addition reflects Novacore’s continued strategy of investing in specialized underwriting talent, expanding high-performing programs and building market-leading expertise across targeted specialty insurance sectors. Through PUA, Novacore now offers a broader suite of professional liability solutions backed by decades of underwriting experience and strong carrier partnerships.

MarshBerry served as exclusive financial advisor to Euclid Design Underwriters for the transaction.

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.

About Euclid Design Underwriters
Specializing in the underwriting of error and omissions for architects and engineers. Euclid Design Underwriters also offers risk consulting, contract review, and risk management support for a broad range of professional organizations.

About Euclid Program Managers
Euclid Program Managers (“Euclid”) is a family of insurance program managers built on a platform of excellence. Each Euclid underwriting company is run by best-in-class underwriters who are equity partners in their business. This owner-operator model, combined with the resources of Euclid’s broader infrastructure, leads to the highest level of underwriting results. For more information, visit www.euclidprograms.com

New program to provide representations & warranties, tax liability and contingent risk solutions for complex M&A transactions.

CONSHOHOCKEN, PA, April 29, 2026 – Novacore, an independent, next-generation specialty insurance provider set to shape the future of specialty insurance, has launched Zion Underwriting, a new transactional risk insurance program focused on providing specialized coverage solutions for complex mergers and acquisitions and structured corporate transactions.

Zion Underwriting will offer representations and warranties insurance (RWI), tax liability insurance and contingent risk solutions designed to address the complex exposures associated with mergers, acquisitions and other structured corporate transactions. The program will serve private equity firms, corporate acquirers, investment banks and transaction counsel seeking tailored risk transfer solutions to enhance deal certainty and mitigate financial exposure.

The program will be led by Michael Mora, an industry veteran with extensive experience in transactional risk underwriting and market development. Mora has built and led dedicated transactional risk operations in the U.S. market and brings a proven track record of underwriting discipline, broker relationships and strategic growth. He has been appointed President of Alternative Risk for Novacore and will continue to oversee Zion Underwriting’s underwriting strategy and operations.

“Zion Underwriting represents a meaningful step in our continued effort to build specialized capabilities in areas of strong market demand,” said Aaron Miller, Chief Executive Officer of Novacore. “Transactional risk is a highly technical and relationship-driven segment of the market. Michael’s leadership and depth of experience position us to compete thoughtfully and responsibly in this space.”

Zion Underwriting’s product suite is designed to protect transaction participants from financial loss arising from breaches of representations and warranties, uncertain tax positions and identified legal or regulatory risks that could otherwise disrupt or delay closing.

“Transactional risk insurance has become an essential tool in today’s M&A environment,” said Mora. “Through Zion Underwriting, we are building a focused program designed to deliver responsive, solutions-oriented underwriting that supports brokers and clients navigating complex transactions. With a highly experienced team and committed capacity providers behind us, we are positioned to deliver consistent, long-term value to the market.”

Zion Underwriting will operate within Novacore’s newly established Alternative Risk segment, which is dedicated to specialized and non-traditional risk structures.

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.