Specialty Program Group LLC (SPG), an insurance holding company for specialty brokerages and underwriting facilities, has launched Eastern Pennsylvania-based New Heights Insurance Solutions (New Heights).
New Heights President Megan Rose joined SPG as part of its Norman-Spencer Crane acquisition and will run the newly created platform.
With more than 25 years of experience in the construction insurance space, New Heights provides resources and services to the crane and boom industry.
Headquartered in Summit, N.J., SPG focuses on expanding program underwriting and specialty businesses.
“The creation of New Heights is important for SPG and will launch our construction platform,” said SPG President and CEO Chris Treanor in a company press release. “We believe in the team’s ability to build durable solutions for the unique needs of the construction client, starting with crane and expanding into related niches.”
Source: Specialty Program Group
Was this article valuable?
Here are more articles you may enjoy.
More Florida Insurers Announce Rate Cuts for Auto, Homeowners, Condo Units
Allstate Q3 Net Income Drops About 45% on Higher Catastrophe Losses
LA Port Strike Risk Pushed to Friday as Labor Talks Continue
Florida Appeals Court Bars Release of ‘Trade Secret’ Info in Heritage Claims Litigation 

