Markets/Coverages: INSTANDA MAX Launched for Commercial Lines Insurers; Novacore Launches Aerospace Segment

Artificial intelligence-enabled program administrator INSTANDA said its launch of INSTANDA MAX enables commercial lines and non-admitted insurers to underwrite tens-of-thousands of complex assets under a single policy at both the portfolio and individual item level in real-time.

Patent-pending INSTANDA MAX is designed for commercial lines where asset volumes and complexity have historically constrained underwriting accuracy and productivity. INSTANDA MAX anchors scale in insurance‑grade categorization at the individual item level, with AI-assisted analysis and insights to support data-driven decisions for greater underwriting accuracy, improved pricing, and faster response at quote, mid‑term adjustment (MTA), and renewal.

“Commercial line insurers have traditionally been forced to underwrite large, complex asset classes using aggregated data and broad assumptions, because the operational burden of doing otherwise was simply too high,” said Tim Hardcastle, CEO and co-founder of INSTANDA. “INSTANDA MAX removes that constraint. For the first time, commercial line insurers can process bulk policies containing thousands of assets while still applying granular, measurable data to each individual item, supported by strong data governance, human oversight, ecosystem integration and frictionless operational AI.”

INSTANDA MAX has been built with the existing INSTANDA design and augmented with AI, supporting human decision making with features including a quote/policy query assistant and a wording assistant (including clauses and endorsements), with richer features to come later in 2026.

Novacore Launches Aerospace Segment

Novacore announced the launch of its aerospace segment, expanding its platform into aviation and space risk markets. The new segment is designed to deliver specialized underwriting solutions for complex aerospace exposures, with a disciplined approach to risk selection, capacity deployment and long-term, profitable portfolio performance.

To lead the segment, Novacore has appointed Rob Schenone head of space. He brings more than 35 years of experience across aviation and space insurance. He most recently served as head of aerospace & underwriting manager, space – Americas at AXA XL.

Tom Callahan will lead as head of aviation, contributing more than 35 years of aerospace underwriting experience. He has held senior underwriting leadership roles, including serving as chief underwriting officer, aviation & global head of underwriting management, Aerospace at AXA XL

The Aerospace segment will focus on aviation and space risks, two highly specialized markets characterized by complex exposures, evolving capacity dynamics, and a need for technically sophisticated underwriting partners.