Specialty Program Group LLC News

Monarch E&S Acquires Assets of Anderson & Murison in California

Monarch E&S Insurance Services, a division of Specialty Program Group LLC, acquired the assets of Anderson & Murison Inc. in Los Angeles, California. A&M is a national surplus lines broker and underwriter of specialty commercial and personal lines insurance risks. …

Specialty Program Group Acquires Assets of CM&F Group

Specialty Program Group LLC (SPG), an operator of specialty insurance brokerages and underwriting facilities, acquired the assets of CM&F Group, a digital provider of healthcare liability insurance coverage for individuals and groups. CM&F, formerly Cotterell, Mitchell & Fifer, was founded …

SafeHerb Develops ‘Seed to Sale’ Coverage for Cannabis, Hemp Business

A new commercial insurance product from SafeHerb, a division of Specialty Program Group, provides a full suite of insurance protection for the cannabis and hemp industries. SafeHerb’s Cannabis & Hemp Insurance offers “seed to sale” coverage, in-house loss control services …

SPG Names Lamitola Chief Sales Officer, Stavrakis Takes Helm of Monarch

Specialty Program Group LLC has named Christopher Lamitola chief sales officer. Lamitola will provide sales and marketing guidance to acquired business partners. Lamitola comes to SPG from Allstate Insurance Co. in New York, where he was territory sales leader. Prior …

New Jersey’s Specialty Program Group Hires Lamitola as Chief Sales Officer

Specialty Program Group LLC (SPG), a Summit, N.J.-headquartered operator of specialty insurance brokerages and underwriting facilities, has hired Christopher Lamitola chief sales officer. In this capacity, Lamitola will provide strategic sales and marketing guidance to acquired business partners. He comes …

Specialty Program Group Acquires Assets of Beacon Hill Associates

Specialty Program Group LLC (SPG), an operator of specialty insurance brokerages and underwriting facilities, has acquired the assets of Beacon Hill Associates Inc. (BHA), an environmental wholesale brokerage firm, including BHA’s PartnerOne (P1) environmental underwriting division. Terms of the acquisition …

Specialty Program Group Acquires Assets of New York’s The Mechanic Group

Specialty Program Group LLC (SPG), an operator of specialty insurance brokerages and underwriting facilities, has acquired the assets of The Mechanic Group Inc. (TMG), a Pearl River, N.Y.-based specialty insurance program manager. Terms of the acquisition were not disclosed. Established …

Specialty Program Acquires Assets of PPIB in California

Specialty Program Group LLC has acquired the assets of Novato, Calif.-based Professional Program Insurance Brokerage. Terms of the deal were not disclosed. Susan Preston, president of PPIB, will continue to run the acquired operations. PPIB is a niche managing general …

Specialty Program Group Launches Flagship Marine Underwriters

Specialty Program Group LLC (SPG), an insurance holding company for specialty underwriting facilities, has launched Flagship Marine Underwriters, a new yacht and charter recreational marine underwriting facility. Based in Fort Lauderdale, Fla., Flagship specializes in global underwriting facilities for yacht, …

Specialty Program Group Acquires Assets of Monarch E&S Insurance Services in California

Specialty Program Group LLC has acquired the assets of Burbank, Calif.-based wholesaler Monarch E&S Insurance Services. Monarch E&S is a full-service MGA and wholesale brokerage established in 1986. The firm provides solutions for lines of business in both the commercial …