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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.
