Novatae Risk Group

Stories

Novatae Risk Group acquires trucking MGA Specialized Program Solutions

Integrating SPS; has not named the carrier that provides capacity for its trucking program

Novatae Risk Group bought the assets of Specialized Program Solutions, a New Jersey managing general agency that underwrites long-haul trucking coverage. The deal closed Aug. 1 and was announced Oct. 1; terms were not disclosed.

Updated Oct 20