Specialty Program Group, LLC. Acquires Marine & Crane Businesses From Ohio-Based Norman-Spencer Agency, Inc.
With offices across the country,
"This is a great acquisition for SPG for several reasons. It further strengthens our growing position as the undisputed leader in the recreational marine & personal watercraft space. In addition, the crane business will provide us with a foundation as we build our construction platform. Both businesses have great leadership and add to our deep bench of talent within SPG," said
"The Marine and Crane Businesses have been long-held and high-performing components of our underwriting and distribution strategy. The timing, however, was right for us to focus more attention and resource upon emerging opportunities in our insurance underwriting, distribution and related services portfolio. It was important that these businesses and employees were placed in good hands for the next phase of their life cycle, and we believe SPG is a great fit," said
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