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INSIDER | HUB Monthly Newsletter | February 2026

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INSIDER

WHATS INSIDE!

SPG - Simplified page 3

Announcements pages 4

SPG Spotlight: Select Risk Services page 5

SPG’s CONNECT: Specialty Underwriting Insurance Solutions page 6

Upcoming Event: SPG's Life & Annuity Advanced Markets & Underwriting Conference page 7

Watch on Demand: SPG Cyber Capabilities | DRS Webinar: Protecting Business Interruption Recovery pages 8-9

HUB Wins pages 10-11

Resources page 12

SPG M&A Guide page 12

SPG - Simplified

One relationship. Faster solutions. Broad capabilities.

Specialty Program Group has grown into one of the most powerful specialty insurance platforms in the industry A collection of expert businesses managing more than $6B in gross written premium across highly specialized markets Each of our brands has strengthened our platform through deep expertise and entrepreneurial focus

THE OPPORTUNITY

As SPG continues to scale, our opportunity is clear: making it easier for our HUB colleagues to experience the full power of SPG. SPG - Simplified is not a new structure or layer of process. It is a navigation model designed to help our partners quickly connect to the right expertise across our entire platform through a single point of contact to each of SPG’s three core capabilitiy areas.

MEET YOUR NEW SINGLE POINTS OF CONTACT FOR EACH CORE CAPABILITY

PROPERTY & CASUALTY EMPLOYEE BENEFITS

Richard Malowney

Chief Cross Sell Officer, SPG P&C & Services 212-338-2925

rmalowney@specialtyprogramgroup com

P&C Program, Wholesale and Specialty capabilities

Courtney Wiggins

SVP, Broker Engagement & Growth Strategy, SPG Benefits 225-933-9429

courtney wiggins@specialtyprogramgroup com

Program access, strategy, and placement

WHAT THIS MEANS FOR YOU

One call, not thirty-two.

A single point of contact connects you quickly to the right SPG expertise across our platform

Faster speed to market.

Clearer access means quicker alignment between your client needs and our solutions

Chief Cross Sell Officer, SPG Life & Annuity 515-360-3277

mason mckinnie@specialtyprogramgroup com

Life, annuity, and retirement solution capabilities across SPG

One platform, unified access.

Our specialized brands remain best-in-class, now easier to navigate and leverage together

Nothing lost. Everything gained.

The specialization you trust stays the same; we ’ ve simply created a clearer front door to SPG

THE DIRECTION FORWARD

SPG - Simplified represents the next step in our broader business strategy, consolidating our brands under one powerful identity while amplifying the expertise behind them This journey is ongoing and one where our businesseses remain specialized and marketleading We are simply making them easier to reach

As we continue to unify our presence, our goal is to make SPG easier to access, easier to understand, and easier to grow with.

Mason McKinnie

Anova + Logistiq Integration Strengthens SPG Cargo & Logistics Capabilities

SPG has announced the acquisition of Logistiq Insurance Solutions and its integration with Anova Marine Insurance

This strategic alignment enhances our Cargo & Logistics platform, combining marine, domestic transportation, underwriting authority, and risk intelligence into a unified offering designed to address increasingly complex global supply chain exposures

The integrated platform expands our product suite across cargo, logistics operator liability, surety, and risk consulting, supported by a strong leadership team across both legacy organizations.

Contact Anova + Logistiq Team:

For non-marine / liability inquiries, contact: Julian Stokes at julian stokes@anovaunderwriting com For any other inquiries, contact: Ryan Miller at ryan@logistiq com

VIEW PRESS RELEASE

SPG Spotlight: Select Risk Services

Expanding Admitted Oil & Gas and Renewable Energy Capabilities with Three New A Rated Carriers that an Offer GL, Auto, WC and Excess Liability

BUSINESS OVERVIEW

Founded in 2018, Select Risk Services (SRS) is a boutique wholesale insurance brokerage specializing in complex, hard-to-place commercial risks within the excess & surplus (E&S) marketplace SRS was built on the belief that not every risk belongs in a mass-market model. We are intentionally selective, focusing on accounts that demand technical expertise, disciplined underwriting strategy, and thoughtful carrier negotiation Our consultative approach, deep industry specialization, and trusted carrier relationships allow us to deliver solutions where standard markets fall short. In October 2025, SRS was acquired by Specialty Program Group (SPG), further strengthening our platform with expanded resources, national scale, and long-term strategic support, while preserving the agility, focus, and independence our partners value

WHAT’S NEW

Select Risk Services (SRS), a boutique wholesale broker within SPG Wholesale, has secured highly selective Oil & Gas & Renewable Energy appointments, significantly expanding admitted and excess placement capabilities for energy risks These appointments provide SRS with access to: (1) All admitted General Liability, Auto, and Workers’ Compensation, (2) Up to $25M Excess, (3) Inland Marine and Property coverage when needed, (4)ability to offer the pollution and other broad coverage enhancements needed for strict MSA requirements, (5) A small business admitted Oil & Gas package available only to select wholesalers Distribution is intentionally limited nationwide, reinforcing SRS’s position as a go-to wholesale partner for complex energy accounts

WHY THIS MATTERS

Extremely limited access - Only wholesaler to have all three of these markets

Admitted solutions for medium to large accounts: Ideal for six- and seven-figure energy risks

Proven carrier strength: All three of these new markets are widely recognized as some of the top Oil & Gas package carriers (GL, Auto WC & up to 25M XS) and one of the markets can do the Inland & Property too

TARGET CLASSES & APPETITE

These markets perform especially well for: Upstream, Midstream and Downstream Energy Operations, Oil & Gas Contractors and Operators, Renewable Energy, and Energy Manufacturers and Distributors including: (1) Small to mid-sized accounts (≤15 autos), (2) Larger, complex risks with GL / Pollution, Auto, WC, requiring admitted paper with high-limit excess support

Founded in 2018 and acquired by Specialty Program Group in October 2025, Select Risk Services brings a disciplined, consultative approach to complex E&S and admitted placements, combining deep energy-sector expertise, thoughtful underwriting strategy, trusted carrier relationships, and the scale and support of SPG Wholesale SRS was built on the belief that not every risk belongs in a mass-market model, a philosophy that aligns directly with our carriers' underwriting discipline

Consider this opportunity when your client: (1) Needs admitted Oil & Gas solutions with GL, Auto, WC and excess capacity, (2) Has been restricted by coverage limitations, (3) Requires a wholesale partner with direct carrier access, (4) Is seeking a long-term, consistent, all lines energy markets

To discuss opportunities or submit business, please contact:

Keith Ross

CEO & Broker

713 589 2244

kross@selectriskservices com

Tommy Pepper

Senior Vice President & Broker

713 589 9950

tpepper@selectriskservices com

Seth

713 589 5840

sdameron@selectriskservices com

CONNECT: Specialty Underwriting Insurance Solutions (SUIS)

Lead and buffer excess solutions for multifamily and large apartment owners nationwide.

In this month’s CONNECT, meet Derek Schiavone, President of Specialty Underwriting Insurance Solutions (SUIS), SPG’s casualty MGU specializing in real estate habitation risks.

Through its HABX (Habitation Excess) program, SUIS provides lead and buffer excess solutions for multifamily and large apartment owners across all 50 states. The team focuses on delivering up to $3 million in limits directly over the primary, helping wholesale partners navigate challenging markets, including Florida, Texas, and Georgia. Known for underwriting where others exclude, SUIS works with wholesale brokers to structure solutions for complex apartment schedules, including coverage considerations such as assault & battery and sexual abuse and molestation.

Watch the episode to learn how SUIS can support your habitation excess opportunities.

Click the image below to watch the video.

Derek Schiavone President 310 405 5939

dschiavone@spgsuis com

https://www spgsuis com

Upcoming Event

This event provides expert perspectives from industry-renowned speakers, key insights into trends in life insurance, advanced planning and underwriting, and an opportunity to connect with top advisors and carrier partners to grow your business

Sunday, March 22 - Tuesday, March 24 | 2026

InterContinental Hotel, The Wharf, Washington, DC

Watch On-Demand: SPG Cyber Capabilities

Cyber risk isn’t slowing down and neither are client expectations. If you missed our recent SPG Wholesale cyber session, the full webinar is now available to watch on demand In this practical, sales-focused discussion, our cyber specialists break down what you need to know heading into 2026, including real-world claims activity, underwriting shifts, and how to confidently position cyber coverage with your clients

What you’ll gain:

Insight into the industries most impacted by cyber events

Key cyber claims trends from 2025

How underwriting appetite and market dynamics are shifting in 2026

Common coverage gaps and pitfalls to avoid

Efficient ways to access multiple cyber policy options

This session delivers actionable takeaways you can immediately apply in client conversations -especially as cyber becomes a standard part of the risk discussion.

For follow-up questions, account support, or help placing cyber business, connect with:

Amanda Sedliak

President, SPG ExecuPro 770 618 1011

amanda sedliak@specialtyprogramgroup com

Watch the webinar on demand and strengthen your cyber strategy for 2026.

Alison Green

Director of Brokerage, SPG ExecuPro 770 618 2849

amanda sedliak@specialtyprogramgroup com

Additional Resources

SPG ExecuPro Portal User Guide (PDF Link)

SPG ExecuPro Digital Binding Portal One-Pager (PDF Link)

Watch On-Demand: DRS Webinar: Protecting Business Interruption Recovery

DRS (Delivering Results & Solutions), a division of SPG, recently hosted a webinar on protecting business interruption (BI) claims from underpayment and denial The session was led by Alan Moore, Commercial Insurance – Managing Consultant at DRS

Business interruption losses are often the largest and most contested component of a property claim During the session, Alan outlined how insurers evaluate BI losses, where documentation gaps commonly arise, and how to proactively position claims for full and fair recovery

Key takeaways included:

Why BI claims are frequently underpaid or denied

Critical policy provisions that directly impact recovery

Documentation strategies that strengthen claim positioning

When expert support can improve negotiation outcomes

As scrutiny around property claims continues to increase, preparation and precision remain essential.

WATCH HERE

HUB Wins

MANAGEMENT AND PROFESSIONAL LIABILITY

WRITTEN PREMIUM

$145,000 in gross written premium

PRODUCER:

MANAGEMENT AND PROFESSIONAL LIABILITY HUB CALIFORNIA

LINES OF BUSINESS

Directors and Officers, Professional Liability, Fund Coverage, Employment Practices Liability, Fiduciary Liability, Crime

Hartford (primary carrier for management liability lines) and Travelers (primary for crime)

We were tasked with marketing a large medical spa risk with more than 20 locations across 7 states that had not been out to market in a few years Immediately upon receipt of the submission, we informed our retail partner at HUB New England that we believed we could save the client a large amount of premium The account was operating at 5 3% loss ratio over the past 5 years and we had recently placed a similar sized med spa risk that was paying far less in premium than this insured Ultimately we ended up saving the client $114K in premium year-over-year (30%) and we also increased their Sexual Abuse & Molestation sublimit, added Employee Benefits Liability coverage, increased several supplementary coverage limits (i e HIPAA, License Defense, etc ), and improved several terms and conditions of the policy versus the insured's expiring policy This was a great win as HUB controls several different divisions of the insured's operations and all lines of coverage $20M tower for D&O/E&O/Fund Coverage/EPL/FID and separate placement for Crime for a Registered Investment Adviser

HUB CA approached Specialty Program Group to market the management and professional liability program of a $6B Registered Investment Adviser, which had historically been handled by an external wholesaler SPG ExecuPro’s Estela Aleksi marketed the program extensively, presented competing options and was able to provide a doubledigit premium decrease from the expiring, while also including multiple meaningful coverage enhancements The client ultimately opted to move the program to SPG’s recommended primary carrier/quote along with excess capacity for a total of $20M limits It was a win-win-win: the client received a stronger program compared to the expiring, the HUB producer formed a new bond with a powerful in-house resource, and HUB and SPG both benefited by the increased commission lift associated with bring the account fully in-house

PRODUCER: Estela Aleksi - estela aleksi@specialtyprogramgroup com Collin Nichols - collin nichols@specialtyprogramgroup com

WRITTEN PREMIUM Professional Liability & General Liability LINES OF BUSINESS

LIMITS, EXPOSURES, OR ANY OTHER UNIQUE IDENTIFIERS OF NOTE:

$25,362,338

We were pleased to support HUB in providing a large computer machinery association with a tailored insurance solution where we structured and placed a 10-event global event cancellation program The total program limit across all 10 events was $25,362,338, with a combined premium of $97,022, providing coordinated protection for ACM’s domestic and international conferences

HUB NEW YORK

HUB Wins

EVENT CANCELLATION

HUB ENCINO, CA

WRITTEN PREMIUM

$29,336

LINES OF BUSINESS

CARRIER

LIMITS, EXPOSURES, OR ANY OTHER UNIQUE IDENTIFIERS OF NOTE:

PRODUCER:

COMMERCIAL RISKS

HUB INTERNATIONAL INSURANCE SERVICES (CA)

LINES OF BUSINESS

WRITTEN PREMIUM Event Cancellation APD

$115,421

PRODUCER: Christian Phillips - cphillips@buainsurance com Keith Ross - kross@selectriskservices com

CARRIER Certain Underwriters at Lloyds Starr Surplus

LIMITS, EXPOSURES, OR ANY OTHER UNIQUE IDENTIFIERS OF NOTE:

$5,014,613 N/A

Bound in partnership with the HUB International - Encino Office, we successfully placed coverage for their upcoming event at the Palm Beach Convention Center in West Palm Beach, FL from November 5–8, 2026 The policy was secured with a total limit of $5,014,613 and a premium of $29,336 Coverage included base event cancellation including windstorm, National Mourning of the U S President, and civil commotion, providing comprehensive protection tailored to the event’s exposure profile

DISASTER PREPARATION & DISCOVERY CANADA - WEST CARRIER N/A N/A

WRITTEN PREMIUM Global distributor of civil engineering equipment $300MM in annual sales LINES OF BUSINESS

LIMITS, EXPOSURES, OR ANY OTHER UNIQUE IDENTIFIERS OF NOTE:

This was an urgent, last-minute request for Auto Physical Damage coverage The other broker had already blasted the market and in just two days, we turned around a Starr quote that significantly beat the incumbent’s premium and helped our HUB agent to keep their client happy N/A

DRS completed a complex business interruption review across 14 warehouse locations, targeting appropriate BI values for each HUB and DRS also layered in a stock throughput valuation based on sale value This exercise eliminated a major underinsurance gap, gave the client a clear understanding of how their coverage responds, and opened the door for a fee-based business continuity engagement with HUB’s Resilience team

PRODUCER: Cory Brandt - cbrandt@drsconsults.com

Explore SPG Wholesale Solutions on Seismic

Your HUB Resource for Smarter Placement, Faster Service, and More Connected Solutions

SPG Wholesale brings together the expertise and market access of Monarch E&S, SWIS, Beacon Hill Associates, Capitol Special Risks, and JDM & Associates, offering HUB producers a single destination for wholesale support, sell sheets, and product insights

On the SPG Wholesale Seismic page, you’ll find:

Solution PDFs for each line ExecuPro, Environmental, Construction, Commercial Lines, & Personal Lines

Coverage guides outlining appetite, product highlights, & target classes

Division leader contacts for direct support & placement questions

Quick links to SPGWholesale com for deeper product information

SPG Wholesale simplifies access to markets, programs, and expertise - helping you connect clients with the right solutions, faster

Dive into SPG Central - your comprehensive hub for all SPG-related resources. Here, you'll find an extensive collection of documents, updates, and interactive tools tailored to empower your success and connection within the SPG community Explore, engage, and excel with SPG Central!

SPG M&A Guide

SPG Central: Your Gateway to Everything SPG

SPG Central: Your Gateway to Everything SPG

If someone in your network owns a specialty insurance agency, whether it’s an MGA, wholesaler, or underwriting shop, SPG wants to connect We’re actively seeking strong, proven businesses ready to scale through partnership Your referral could be the start of something big - and may qualify for HUB’s internal M&A referral bonus

Welcome to SPG Portfolio Guide, your detailed guide through the diverse and dynamic range of SPG's offerings. This guide is crafted to provide you with a deep dive into our services and solutions, enriching your understanding and aiding in your daily business decisions. Perfect for both new and seasoned members of the SPG family, the SPG Spectrum is an indispensable resource.

SPG Seismic Page

SPG Spectrum: Navigating Our Diverse Portfolio

SPG Portfolio Guide

Stay ahead of the curve by subscribing to SPG's exclusive updates and insights. Whether you ' re looking for the latest industry trends, internal news, or updates on SPG's initiatives, our subscription service is your key to staying informed. Click below to ensure you ' re always in the loop with SPG's dynamic developments

Connect with SPG: S

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INSIDER | HUB Monthly Newsletter | February 2026 by specialtyprogramgroup.com - Issuu