New Technology Driven Full-Service MGA and Program Manager Specializing in a Variety of Bespoke Insurance Programs Across Multiple Markets
BEVERLY HILLS, CA / ACCESS Newswire / October 19, 2026 / NMS Capital Group (“NMS”), a family office-backed private equity firm, today announced the launch of Ascendra Specialty Inc. (“Ascendra”), a technology driven full-service managing general agency and program manager specializing in bespoke insurance programs across defined market segments delivering underwriting expertise, delegated authority and claims stewardship on behalf of its carrier partners. As part of the launch, Ascendra has partnered with Moonshot Foundry, Inc. (“Moonshot”) leveraging Moonshot’s proprietary technology platform, carrier and retail agency network delivering a program ecosystem comprised of licensing and appointments to write business in all 50 states, backed by multiple rated and alternative risk carriers and more than 1,200 active retail and wholesale broker relationships.
The launch of Ascendra represents the continued expansion of NMS’s insurance sector strategy expansion and builds on the firm’s approach of developing dedicated platforms to deploy strategic capital across targeted segments of the insurance and reinsurance markets that will both compliment other NMS portfolio companies and deliver new business opportunities for Ascendra driving organic growth.
“We are pleased to formally announce the launch of Ascendra Specialty following extensive market and sector research,” said Trevor M. Saliba, Founder, Chairman & Chief Executive Officer of NMS Capital Group. “We are equally excited to partner with Moonshot as both a capital, technology and strategic partner leveraging their proprietary technology platform and deep industry and operational resources as a leader in the insurance sector.”
“Trevor and his talented team are ideal partners for Moonshot’s accelerated launch program,” said Jeff Brown, Chief Executive Officer of Moonshot Foundry, Inc. “Our Sherpa team is working side by side with Ascendra to accelerate their launch, connecting them with the full strength of Moonshot’s ecosystem, from our AI-enabled platform and digital distribution capabilities to operational support, innovative financing, and captive management solutions.”
Ascendra will initially focus on approximately eight dedicated business lines ranging from Professional Liability, Workers Comp, Transportation, Cyber, Construction, Property, Environmental and Small Business/Specialty powered by a proprietary technology platform delivering seamless interface for stakeholders through the entire life cycle from quote to claim.
About Ascendra Specialty Inc.
Ascendra Specialty Inc. is a technology driven full-service Managing General Agency and Program Manager specializing in bespoke insurance programs across defined market segments delivering underwriting expertise, delegated authority, and claims stewardship on behalf of our carrier partners. The Ascendra Specialty ecosystem offers a combination of deep line-of-business specialization with disciplined risk selection, giving retail and wholesale brokers fast a seamless and user-friendly interface through the entire sales cycle from quote to claim.
For more information, visit www.ascendraspecialty.com.
About Moonshot Foundry, Inc.
Moonshot Foundry is a vertically integrated insurance venture studio dedicated to building, launching, and scaling the next generation of insurance businesses. Through a comprehensive ecosystem of technology, capital, licensing, distribution, and operational expertise, Moonshot helps entrepreneurs and industry partners transform innovative ideas into scalable ventures. The Moonshot family of companies brings together specialized brands, including BindDesk Insurance Services, providing insurance distribution and MGA infrastructure; InsurEco System Inc., delivering insurance technology and digital platform solutions; InsureCap Insurance Solutions, specializing in captive insurance and alternative risk strategies; and PolicyPay, offering premium payment processing and financing solutions. Supported by an experienced network of industry professionals known as Sherpas, Moonshot combines strategic guidance with integrated infrastructure to accelerate innovation, reduce barriers to entry, and support long-term growth across the insurance industry. Build. Launch. Scale.
For more information, visit www.moonshotfoundry.com.
About NMS Capital Group
NMS Capital Group was established in 2010 as the dedicated investment arm of the Saliba Family Office. Since its inception, the firm has evolved into a global private investment platform specializing in private equity, venture capital, and structured finance. NMS has completed transactions across multiple sectors, including business and financial services, insurance and reinsurance, energy, infrastructure, real estate, manufacturing, sports and technology.
For more information, visit www.nmscapital.com.
Media Contact
Jessica Starman
media@nmscg.com
+1 888-461-2233
SOURCE: NMS Capital Group, LLC
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