Specialty Program Group Acquires Global Marine Insurance Agency

December 8, 2016

Specialty Program Group (SPG), a holding company for specialty insurance brokers and underwriting facilities, has acquired the assets of Traverse City-based Global Marine Insurance Agency. Global Marine, a national brokerage focused on boats, yachts, marinas and commercial marine vessels, will join SPG’s specialty insurance platform; terms were not disclosed.

Buyers
Specialty Program Group
Targets
Global Marine Insurance Agency
Industry
Insurance
Location
Michigan, United States
Transaction Type
Buyout

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