Willkie Farr & Gallagher LLP

11/04/2026 | News release | Distributed by Public on 11/04/2026 09:29

Willkie Advises Novel Financial Holdings on Investment from Crestview Partners

Willkie Advises Novel Financial Holdings on Investment from Crestview Partners

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November 4, 2026

Willkie advised Novel Financial Holdings, Inc., a holding company that is building a diversified underwriting and insurance services platform, in connection with an investment from Crestview Partners, a leading private equity firm.

On November 3, Novel announced that it secured an investment from Crestview, a firm that has extensive experience partnering with management teams to build differentiated insurance platforms. The new equity capital will support Novel's continued build-out as a diversified underwriting and insurance services holding company while broadening its ownership base.

Willkie previously advised Novel on an investment earlier this year from Flexpoint Ford.

Novel Financial Holdings, Inc. is a diversified underwriting and insurance services holding company. Through its subsidiaries, Novel owns traditional insurance carriers, manages policyholder-owned reciprocal exchanges, and operates specialized insurance services businesses, including attorneys-in-fact, insurance management, and underwriting-related services.

The Willkie team was led by senior counsel Michael Groll and partner Thomas Spencer with associate Viviane Krug.

Michael Groll Senior Counsel Insurance - Transactional and Regulatory
New York
[email protected]
+1 212 728 8616
Thomas A. Spencer Partner Corporate & Financial Services
Chicago
[email protected]
+1 312 728 9069
Viviane Krug Associate Corporate & Financial Services
New York
[email protected]
+1 212 728 5577
Willkie Farr & Gallagher LLP published this content on November 04, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on November 04, 2026 at 15:29 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]