Summit-based Specialty Program Group (SPG) announced that it has acquired ANOVA Marine Insurance Services, LLC, a technologically advanced, full-service managing general agency specializing in cargo and logistics insurance, transportation insurance, liability insurance and bonds.
Founded in 2011 and headquartered in South Florida, ANOVA has built a stellar reputation for underwriting and delivering agile, tech-enabled insurance solutions to the marine insurance industry, including freight brokers, freight forwarders, NVOCCs, shipping lines, customs brokers and international trading companies across the Americas. With a global correspondent network, ANOVA combines proprietary technology, top-tier carrier partnerships and a commitment to underwriting excellence and responsive claims handling.
ANOVA will continue to be led by its founder and president, Bradford Boyd, who brings decades of marine insurance and logistics experience.
“Joining SPG allows us to scale faster while staying true to the values that built ANOVA — original underwriting, nimble claims and versatile coverage,” said Boyd. “With SPG’s support and expansive distribution network, we’re well-positioned to bring our technology-driven approach to a broader set of clients and broker partners. We’re thrilled about this next chapter.”
ANOVA will continue operating independently under its current leadership, providing continuity for its global network of brokers and partners.
