Novel Financial Holdings secures an investment from Crestview Partners to support its expansion across insurance underwriting and services.
PRIVATENov 03, 2026
Round Type
Venture
Jersey CityFinancial ServicesInsurance
Investors
Crestview Partners
Description
Novel Financial Holdings, Inc. announced an investment from Crestview Partners, a leading private equity firm. The funding will support Novel's continued expansion across insurance underwriting and services while broadening its ownership base. This investment is expected to strengthen Novel's position in the industry
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Company Information
Company
Novel Financial Holdings
Location
Jersey City, New Jersey, United States
About
Novel Financial Holdings, Inc. is a holding company that is building a diversified underwriting and insurance services platform. It manages both policyholder-owned reciprocal exchanges and traditional stock insurance companies. The company combines fee income from AIFs and other service arrangements with operating results from its owned insurance carriers. Through its diversified portfolio, Novel supports various insurance types including homeowners and commercial residential insurance.
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Jersey CityFinancial ServicesInsurance