Novae closes international D&F business

Novae has pulled out of the international property direct and
facultative (D&F) market, The Insurance
Insider has learned.
Sources told this publication underwriters Nathan O'Donnell
and Laura Burch had been made redundant after Novae decided to stop
writing international D&F business earlier this year.
O'Donnell had taken over as head of the business unit afterAnne Plumb left Novae to become active underwriter for
Cobalt's recently approved Syndicate 1438.It is understood Novae decided