Specialty Program Group launches crane & boom insurance platform
New platform leverages over 25 years of construction insurance experience to provide customers with superior protection
Specialty Program Group launches crane & boom insurance platform
CONSTRUCTION & ENGINEERING
By Lyle Adriano
20 Apr 2018

Specialty Program Group (SPG) has announced the launch of a new insurance platform that specializes in offering products for the crane & boom industry.

The new platform, New Heights Insurance Solutions, is based in Eastern Pennsylvania. SPG has also tapped Megan Rose to serve as president of New Heights; Rose joined SPG as part of the insurer’s acquisition of the assets of Norman-Spencer Agency (NSA).

SPG had acquired NSA’s crane program, personal lines watercraft program and commercial lines recreational marine program divisions earlier this month.

A release said that the New Heights team together has more than 25 years of construction insurance experience.

“The creation of New Heights is important for SPG and will launch our construction platform.  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,” SPG president and CEO Chris Treanor said in a statement.

 

Related stories:
Free newsletter

We'll keep you up-to-date with the latest breaking news, cutting edge opinion, and expert analysis affecting both your business and the industry as whole.

Free newsletter

Our daily newsletter is FREE and keeps you up - to - date with the world of Insurance. Please complete the form below and click on subscribe for daily newsletters from IB US.