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Novacore to acquire Diesel Insurance for trucking

PRIVATEOct 24, 2026

Acquiring Company

Novacore

Acquired Company

Diesel Insurance Solutions

ConshohockenCaliforniaInsurtechInsuranceTransportationLogistics

Description

Novacore has agreed to acquire California-based Diesel Insurance Solutions Inc., expanding its Specialty Transportation segment into cross-border trucking, physical damage and cargo coverage. Diesel's entire team will join Novacore, and Novacore plans to extend Diesel's products into additional specialty transportation lines. Financial terms and the anticipated closing date were not disclosed.

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Company Information

Company

Novacore

Location

Conshohocken, Pennsylvania, United States

About

Novacore is an independent, next-generation specialty insurance provider that is set to transform the future of specialty insurance. It builds on NSM Insurance Group's 35-year legacy, focusing on advanced technology, automation, and analytics. The company aims to be the most forward-thinking, agent-friendly Managing General Agent (MGA) in the insurance industry.

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Frequently asked

Who acquired Diesel Insurance Solutions?

Diesel Insurance Solutions was acquired by Novacore, based in Conshohocken. The deal was reported on October 24, 2026. Novacore is an independent, next-generation specialty insurance provider that is set to transform the future of specialty insurance. Novacore is privately held and operates in Insurtech.

When did Novacore acquire Diesel Insurance Solutions?

Novacore's acquisition of Diesel Insurance Solutions was reported on October 24, 2026. Novacore has agreed to acquire California-based Diesel Insurance Solutions Inc., expanding its Specialty Transportation segment into cross-border trucking, physical damage and cargo coverage. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Diesel Insurance Solutions do?

Diesel Insurance Solutions Inc. is a California-based managing general underwriter founded by Jason Wexler, specializing in cross-border trucking, physical damage and cargo insurance for carriers and logistics operators. It is privately held, operating in Transportation, and is based in California.

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