Novatae Risk Group Acquires Specialized Program Solutions
On August 1, 2026, Novatae Risk Group announced the acquisition of assets from Specialized Program Solutions (SPS), a managing general agency specializing in long-haul trucking insurance. SPS was founded in 2022 and is known for its data-driven underwriting approach and proprietary technology platform tailored to commercial trucking risks across the U.S. Christopher Daggett, CEO of SPS, emphasized that joining Novatae will help accelerate their vision of transforming trucking insurance through innovative solutions. Josh Taylor from Novatae praised SPS's strong performance in the segment and its contribution to enhancing transportation and specialty program offerings at Novatae. Legal counsel for the transaction was provided by Giordano Halleran Ciesla. Novatae is a full-service specialty insurer operating across multiple risk categories, licensed nationwide with over 6,000 clients served from 43 offices.
