Novark promises to modernise core pieces of insurance-linked securities market (ILS) infrastructure, through a digital-first insurance management and securities administration platform, as well as a risk transformer named Novark Re.
Howden Re launches Novark, to modernise ILS servicing
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Howden Re launches Novark, to modernise ILS infrastructure, insurance management, securities admin
Howden Re has today launched Novark Group, a new venture that promises to modernise core pieces of insurance-linked securities market (ILS) infrastructure, through a digital-first insurance management and securities administration platform, as well as a risk transformer named Novark Re.
Howden Re said that Novark is the first platform for insurance investors and ILS market participants that can provide near real-time data updates on their investments.
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