The NOVO Consulting Group
Experience and Expertise
The NOVO Consulting Group, LLC (NOVO) was specifically formed in response to state regulators' needs for innovative, cost-effective regulatory services that assure quality and problem-free administration. NOVO’s mission is to provide a service that efficiently meets the client objectives and ultimately improves insurance industry standards.
Our Services:
Our Services include:
Risk Focused Examinations – Corporate Governance, Interviewing and Matrix design
Information systems Reviews – Exhibit C Reviews
Cyber Security Compliance Reviews
Market Conduct Examinations – Comprehensive and Limited Scope
Reinsurance Expertise – Evaluation of complex treaties
Investment Services – Analysis of structured finance and Public Finance Portfolios
·Expert Witness – Testimony in Legal Actions
Forensic Accounting and Other Investigations
Actuarial Services and Valuations
Insolvencies and Receiverships
Premium Tax Audits
Premium Finance Audits
Mock Examinations
NOVO has been providing consulting services to insurance departments and insurance companies since starting the company in 2004. We are a full-service consulting company blending experience, expertise and great service.
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 and industry , 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 corporate governance, investments, reinsurance, information systems and cybersecurity.