Specialty Program Group LLC, an operator of specialty insurance brokerages based in Summit, has acquired the assets of a digital provider of health care liability insurance.
The deal for CM&F Group, based in Manhattan, bolsters SPG’s strategy to grow in digital insurance for specialty markets.
“SPG is poised to be at the forefront of digital transformation by providing solutions and market fulfillment in the digital space,” CEO and President Christopher Treanor said in a prepared statement. “CM&F is a growing industry leader when it comes to ease of use, speed and efficiency, and aligns perfectly with our strategy of acquiring specialty online providers.”