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CONSHOHOCKEN, PA — NSM Insurance Group has finalized the sale of its U.S. commercial insurance division to New Mountain Capital, a private equity firm managing over $55 billion in assets.

Denmark has signed a contract with Kongsberg Defence & Aerospace to acquire the Coastal Defense System with the Naval Strike Missile (NSM CDS), in an agreement valued at over $117 million.

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With the transition set to bolster NSM’s standing in the commercial insurance sector, the deal is expected to bring innovation and efficiency to the insurance market.

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Building on the 35-year success of NSM Insurance Group, Novacore aims to redefine the specialty insurance landscape for agents, carrier partners, and clients.

Aug 6, 2025 · This video captures the precision and power of the Naval Strike Missile (NSM) during recent test launches by the U.S. Navy and its allies.

Royal Navy’s HMS Somerset (F82), a Type-23 frigate, has conducted the first British test firing of a Naval Strike Missile (NSM) off the coast of Andøya, Norway.

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