Novacore Partners with FurtherAI to Revolutionize Underwriting with Agentic AI Workspace

Quick Summary

Novacore has selected FurtherAI as its strategic AI partner to modernize underwriting operations. By deploying FurtherAI’s agentic workspace, Novacore replaces legacy systems with an AI orchestration layer that centralizes data and automates complex workflows across its $1.5 billion premium portfolio, enhancing risk selection and operational scalability.

How Does FurtherAI Modernize Insurance Underwriting?

FurtherAI provides a domain-specific AI environment designed to solve the rigid limitations of legacy insurance software. By acting as an intelligent orchestration layer, the platform allows Novacore to build custom tools on top of a flexible workspace that adapts to specific underwriter workflows. This strategic AI partner approach ensures that the technology evolves alongside underlying AI model advancements rather than becoming obsolete.

• Submission intake automation to reduce manual data entry.
• Policy comparison tools for faster decision-making.
• Underwriting audit features to ensure compliance and accuracy.

The deployment focuses on turning underwriting processes into proprietary core IP. By moving away from static systems, Novacore can now mold its digital workspace to the specific needs of end-users, ensuring that data-driven intelligence is embedded in every program.

What Results Has Novacore Achieved with This Integration?

Novacore is leveraging the partnership to manage its massive scale, which includes over $1.5 billion in premium. The integration of FurtherAI enables data centralization across more than 20 specialty programs, providing a unified view that was previously hindered by fragmented legacy systems. This allows the firm’s 20,000+ agent partners to benefit from faster turnaround times and more precise risk assessments.

"FurtherAI is going to be a strategic lever as we continue to expand the Novacore workspace and pursue acquisitions," said Aaron Miller, CEO of Novacore. "What excites me most is what it means for how we scale - FurtherAI gives us data centralization, orchestration, and a true intelligence layer across our business. It puts data and information directly at the fingertips of our underwriting teams, which means they can spend less time chasing details and more time on what actually matters - risk selection. As we bring new programs and companies into our portfolio, having that foundation in place is going to make all the difference."

How Does This Partnership Support M&A and Scalability?

For a specialty provider backed by New Mountain Capital, the ability to rapidly integrate new acquisitions is critical. FurtherAI serves as the foundational intelligence layer that allows Novacore to onboard new programs and companies with minimal friction. By standardizing the underwriting workflow through AI, the company can maintain high standards of risk selection while expanding its market footprint.

"We looked hard at the previous generation of underwriting systems, and what sets FurtherAI apart is their focus and expertise in our space and how they leverage the latest AI models to address our complicated workflow challenges. This isn't a workspace that will be legacy in a year - it grows with us." said Joe Christman, Chief Technology & AI Officer at Novacore.

FF NEWS TAKE:

This partnership proves that strategic AI partner selection is now a competitive necessity in the MGA and specialty insurance space. Novacore’s move to replace legacy tech with an agentic AI workspace signals a shift from "buying software" to "building intelligence layers." By focusing on workflow orchestration rather than just chatbots, FurtherAI is moving the needle on how large-scale insurance portfolios manage risk and scale through acquisition.