Acrisure Manufactures Savings for Leading Building Supplier Novo

August 17, 2022
Novo building supply hero

Novo Building Products (Novo) is an industry leading manufacturer and distributor of stair parts, mouldings, doors and specialty millwork. When Novo needed a solution to economic challenges presented by rising costs, they turned to Acrisure Partner 44North.


"Year after year, our medical insurance renewal would come back, the costs would go up double digits, and it appeared there was nothing we could do about it. Novo needed a Partner when it mattered most, and we turned to 44North, an Acrisure Partner with experience in our industry and a track record for client success," said Jeff Broene, Chief Financial Officer of Novo.


Not long after meeting with the Acrisure team at 44North, Novo entrusted their employee benefits business to Acrisure.



Within the first year of partnering with Acrisure, Novo lowered their premiums, saving more than $1 million. Now, Novo is better equipped to provide colleagues with enhanced medical benefits and reduced premiums. These results help move the needle on far more than cost – Novo has found these enhancements also improve colleague engagement and employer branding in a competitive market.


Acrisure relied on strong customer service and attention to detail to deliver for Novo. For example, the team developed a prescription drug program for Novo that helps save cost and puts dollars back into their employees’ pockets through reduced co-pays.


"The Acrisure team at 44North is top shelf," – Jeff Broene, CFO of Novo.


Acrisure serves millions of clients – like Novo – who are industry leaders and rising stars in dozens of industries. Through our global Partner network and artificial intelligence capabilities, we can help address challenges facing today’s business owners and help entrepreneurs grow and protect what matters.


Acrisure's expertise and innovative insurance solutions helped transform Novo into one of the state’s fastest growing building product suppliers. Find out what Acrisure can do for your business by contacting us today.


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