Novacore Acquires Texas’ CP Insurance Associates
Novacore, the specialty insurance managing general agent (MGA) formerly the U.S. commercial division of NSM Insurance Group, announced it has entered into a definitive agreement to acquire CP Insurance Associates, a Texas-based insurance services agency specializing in lender-placed insurance, investor property and buy here pay here programs, as well as insurance for financial institutions.
The acquisition of CPIA expands Novacore’s capabilities within the financial institution and lending ecosystem, adding a long-established platform with deep expertise in collateral protection, compliance services and technology-enabled insurance administration.
CPIA will become part of Novacore’s growing portfolio of specialty solutions, supporting continued expansion across lender-focused insurance and services offerings nationwide.
Founded in 1977, CPIA serves banks, mortgage servicers, credit unions, hard money lenders and credit companies nationwide.
- Owner of Assisted Living Home Where 10 Died in Fire Denied Access to Insurance Funds
- Man Charged With Murder in New York City High-Rise Gas Explosion
- Charges Dropped Against ‘Poster Boy’ Florida Contractor Accused of Insurance Fraud
- Longtime Alabama Dentist Charged With Insurance Fraud in 2025 Office Explosion