Specialty Program Group LLC (SPG), a leading operator of specialty insurance distribution, underwriting, and consulting businesses, has acquired ANOVA Marine Insurance Services, LLC (“ANOVA”), a technologically-advanced, full-service managing general agency (MGA) 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. Boyd began his career at 17, hand-delivering policies in Buenos Aires, and has since grown ANOVA into a leading provider of specialized marine coverage.
“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.”
To support this rapid expansion, ANOVA has strengthened its leadership team by assembling the industry’s best-in-class experts and true veterans of the cargo, transportation and logistics insurance markets, including: Andrew Voke, Erin Boll, Anthony Clark, and Logan Pearce.
Additional industry-leading talent will be joining the team, with more announcements forthcoming.
ANOVA will continue operating independently under its current leadership, providing continuity for its global network of brokers and partners.
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