INSIDER
WHATS INSIDE!
The SPG Insider: January pages 3-4
Announcements pages 5-6
SPG Spotlight: Select Risk Services page 7
SPG’s CONNECT: Specialty Comp Insurance Solutions page 8
Webinar: SPG Cyber Capabilities for 2026 page 9
Watch on Demand: AU Gold Portal Training page 10
HUB Wins pages 11-12
Resources page 13
SPG M&A Guide page 13
The SPG Insider: January
HUB & SPG - 2025 Collaborative Recap
Our collaboration with HUB Retail stands as a testament to what strategic partnership and shared vision can achieve. Over the past five years, we ' ve witnessed extraordinary growth that reflects not just numbers on a chart, but the strength of our relationship and the value we create together.
The trajectory speaks for itself: from $8 5 million in revenue lift in 2020 to $23 0 million in 2025, we ' ve nearly tripled our collaborated business a remarkable 170% increase that represents true partnership acceleration This isn't simply growth; it's validation of our ability to identify opportunities, deliver solutions, and drive results together What makes this growth particularly meaningful is its consistency Year after year, we ' ve built on our success, with 2022 marking a pivotal inflection point where our collaboration reached new heights a 59% surge that laid the foundation for continued expansion Even as we ' ve scaled, we ' ve maintained momentum, adding over $14 million in incremental revenue lift over this five-year journey
As we close out 2025, HUB remains our largest and most valued customer not because of size alone, but because of what we ' ve accomplished together, the relationships we have created, and what lies ahead This partnership exemplifies collaborative excellence, and we ' re excited to build on this foundation as we move into 2026
Jonah Lipin Chief Sales Officer
The SPG Insider: January
Aswekickoff2026,thiseditionoftheSPGInsiderhighlightsthemomentumwe’rebuildingtogetheracrosstheSPGandHUB platform Inside,you’llfindtimelyinsights,practicaltools,andreal-worldwinsthatreflectthestrengthofourspecialtyexpertiseand thepowerofcollaboration.ThisissuefeaturesaspotlightonSelectRiskServicesanditsTurnaroundContractorProgram,updates onSPG’scontinuedriseintheBusinessInsurancerankings,andrecentHUBwinsthatdemonstratehowspecialtysolutionstranslate intoresults You’llalsofindupcomingandon-demandeducationalopportunities includingportaltrainingandacyberliability webinar designedtohelpyounavigateevolvingrisksandmovebusinessmoreefficientlyin2026.Asalways,ourfocusremainson deliveringaccess,expertise,andresourcesthatsupportyourconversations,strengthenclientoutcomes,andhelpyoustayaheadin achangingmarket.
SPG Climbs in 2025 Business Insurance Rankings
We’reexcitedtosharethatSpecialtyProgramGrouphasmovedupaspotinboththeSpecialtyIntermediaryandProperty& CasualtyWholesalercategoriesinthisyear’sBusinessInsurancerankings:
Thisadvancementreflectsthecontinuedstrength ofourplatform,thededicationofourteams,and theconfidenceourclientsandpartnersplacein us.Together,we’reprovingthatourspecialty expertise,collaborativeculture,andgrowth mindsetaremakinganimpactinthemarket.
New SPG Capability Unlocked Through M&A Announcements
Specialty Program Group has acquired Proper Insurance (Proper), a national provider of insurance solutions built specifically for short-term rental properties Founded in 2014, Proper offers a commercial insurance alternative to traditional homeowners or landlord policies for properties listed on platforms like Airbnb® and Vrbo® , with nationwide coverage backed by Lloyd’s of London
As part of the acquisition, Michael Grimland has been appointed President of Proper Insurance A longtime leader within the organization, Grimland will continue to oversee day-to-day operations, underwriting strategy, and the ongoing development of the platform.
This acquisition strengthens SPG’s specialty property capabilities and expands its presence in the fast-growing shortterm rental insurance market, reinforcing SPG’s commitment to scaling best-in-class specialty solutions.
SPG ExecuPro Digital Binding Portal
HUB teams can now access the SPG ExecuPro Portal, a fast, streamlined digital platform designed to help you quote and bind cyber, professional, and executive risk coverage in minutes
ExecuPro simplifies complex placements by allowing you to:
Quote and bind coverage in approximately 10 minutes
Answer fewer than 15 questions to receive multiple carrier quotes
Compare options side by side for clearer client conversations
Access leading cyber and management liability markets through one platform
Whether you ’ re responding to a time-sensitive cyber request or placing executive risk coverage, ExecuPro helps you move faster with less friction
Access the ExecuPro Portal (SSO Enabled) at https://portal.spgexecupro.com/
Have questions or want to start quoting? Contact our team to get access and support.
Alison Green Director of Brokerage, SPG ExecuPro
770 618 2849
alison green@specialtyprogramgroup com
Announcements
Specialty Program Group is pleased to welcome Travis Carpenter as Vice President of Business Development for our Infrastructure Programs Division.
Travis brings more than 25 years of experience across underwriting, distribution, and carrier partnerships, and will lead national sales and distribution efforts focused on accelerating growth across SPG’s infrastructure portfolio
In his new role, Carpenter will focus on expanding broker engagement, strengthening carrier relationships, and supporting long-term growth objectives across the Infrastructure Programs Division The Infrastructure Programs Division includes Alarm & Security (Mechanic Group), Builder’s Risk & Construction (Catapult), Crane & Rigging (New Heights), Elevator Contractors (National Elevator Solutions), and Excess Habitational (SUIS)
Interested in exploring opportunities within SPG’s Infrastructure Programs?
Travis Carpenter CIC, CeS VP
of Business Development, Infrastructure Group 678.234.1126 travis.carpenter@specialtyprogramgroup.com
Todd Miles appointed Chief Sales Officer, Life & Annuity
Specialty Program Group has appointed Todd Miles, CFP®, as Chief Sales Officer for the Life & Annuity Division.
In this role, Todd will provide strategic sales leadership across SPG’s life insurance business, partnering closely with leadership to support growth initiatives and strengthen relationships with advisors and distribution partners nationwide
Todd brings more than 25 years of experience in life insurance wholesaling and sales leadership Most recently, he spent over a decade at John Hancock in senior leadership roles, including Director of Regional Sales and Regional Vice President, leading teams across multiple regions
Todd’s appointment supports the continued expansion of SPG’s Life & Annuity platform, which includes AgencyONE, Brokers’ Service Marketing Group (BSMG), and Business Underwriters Associates (BUA)
Connect with SPG’s Life & Annuity Team
Todd
Miles Chief Sales Officer
401 709 6271
tmiles@bsmg net
SPG Spotlight: Select Risk Services
Exclusive E&S Solution for Industrial Shutdown Risks
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
VALUE PROPOSITION
Selectivity is not limitation, it’s discipline.
We partner with retail agents to navigate complex risks through expertise, precision, and accountability Our value lies in knowing where to focus, how to structure coverage, and when to engage the right markets to deliver results that stand up over time
MULTI-LINE COVERAGE SOLUTIONS
General Liability
Contractors Pollution Liability
Professional Liability Workers’ Compensation
WHAT’S NEW: TURNAROUND CONTRACTOR PROGRAM
Excess Liability
Inland Marine Property And More
The Turnaround Contractor Program is a casualty-led E&S insurance solution designed exclusively for contractors performing planned shutdowns, maintenance, repairs, and upgrades at high-hazard industrial facilities, including refineries, chemical plants, and processing operations This program is purpose-built for turnaround contractors only, not general construction, where disciplined risk selection, rigorous safety protocols, and predictable loss performance allow for confident underwriting.
Target classes include:
Turnaround contractors performing industrial shutdown work
Highly specialized, pre-qualified contractors
Projects with strict safety oversight and contractual requirements
WHY THIS PROGRAM WORKS
Turnaround operations are high exposure, but highly predictable
Short-duration, heavily planned projects
Pre-vetted contractors (not open-market risks)
Strict OSHA compliance (LOTO, confined space, hot work, work at heights)
WHEN TO USE THIS PROGRAM
Consider this program when your client:
Requires contract-driven or MSA-specific coverage
Needs a specialty E&S solution with experienced underwriting support
Keith Ross CEO & Broker kross@selectriskservices.com
Tommy Pepper Senior Vice President tpepper@selectriskservices.com
Intensive safety training and multi-layered oversight
Strong historical loss data supports disciplined pricing
Performs industrial turnaround or shutdown work
Has been declined or restricted by standard markets
CONNECT: Specialty Comp Insurance Solutions (SCIS)
Specialized workers’ compensation expertise built to navigate complex and challenging risks.
In this month’s CONNECT, meet Steve Math, President of Specialty Comp Insurance Solutions (SCIS) - SPG’s workers’ compensation specialist.
SCIS focuses exclusively on guaranteed-cost workers’ compensation, writing across nearly all industries, including manufacturing, construction, transportation, healthcare, and staffing. With nationwide reach and seasoned underwriting expertise, the team is known for handling challenged placements, such as multi-state accounts, difficult classes, highmod risks, and accounts with loss history.
In a shifting workers’ comp market, SCIS remains committed to underwriting discipline, responsiveness, and getting deals across the finish line. Watch the episode to learn how SCIS can support your workers’ comp opportunities.
Click the image below to watch the video.
Steve Math, President steve math@specialtycompins com specialtycompins com/
Upcoming Webinar: SPG Cyber Capabilities for 2026
FEBRUARY 18 | 11:00 AM CST
Cyber risk isn’t slowing down, and neither are client expectations. Join SPG’s cyber specialists for a practical, salesfocused discussion on today’s cyber liability landscape and what it means for your clients in 2026 and beyond.
This session will break down current claim’s activity, underwriting trends, and common coverage pitfalls, with actionable insights to help you advise clients more confidently and place cyber business more efficiently.
Topics we’ll cover include:
Industries most impacted by cyber events
Key claims trends from 2025
Underwriting shifts and projections for 2026
Tools to help insureds reduce breach exposure
How to efficiently access and secure multiple cyber policy options
What to expect:
Practical insights from SPG Wholesale cyber experts
Real-world examples and current market context
Live, interactive Q&A
Save your spot and strengthen your cyber liability strategy for 2026.
Watch On-Demand: AU Gold Portal Training
Quote Faster. Navigate 2026 Updates with Confidence.
Missed the live session or want a refresher? The AU Gold Portal Training is now available on demand, built specifically for Personal Lines retail agents looking to quote and bind property risks more efficiently in 2026.
This step-by-step walkthrough shows how to fully leverage the AU Gold Portal, from Quick Quote to Bind, while highlighting new 2026 underwriting updates and rate relief opportunities across multiple states.
What You’ll Learn
How to run Quick Quotes vs Full Quotes and when to use each
Submitting referrals, binding policies, and generating prefilled applications
Navigating product categories and required underwriting fields
Avoiding common errors and eligibility triggers
Quoting Vacant Property, Dwelling Fire, Renovation, Course of Construction, and Vacant Land
Who should watch:
Retail agents writing or expanding nationwide property business
Producers quoting Vacant Property, DF, Renovation, COC, or Vacant Land
Anyone new to the AU Gold Portal or looking to work faster inside it
Watch the on-demand training and start quoting smarter for 2026.
WATCH NOW
In addition to AU Gold, we partner with a broad network of alternative markets and carriers to place risks that fall outside AU Gold’s appetite. Whether a submission requires specialty underwriting, higher limits, or unique coverage structures, we’ll identify the right market and deliver competitive, tailored quotes.
Monica Reyes Personal Lines Manager
LIMITS, EXPOSURES, OR ANY OTHER UNIQUE IDENTIFIERS OF NOTE:
LRO had been uninsured since coverage inception, and in a decently wildfire prone area I got the submission in late Friday, and we bound it Monday
This one came in late on a Friday afternoon Agent didn't have completed apps, but had all the risk information via email I was able to get it rated up and submitted for approval due to never carrying prior coverage and a higher wildfire zone We had approval from the carrier on Monday and Insured bound coverage that day
PRODUCER:
$33,000 WRITTEN PREMIUM Excess Fiduciary LINES OF BUSINESS
LIMITS, EXPOSURES, OR ANY OTHER UNIQUE IDENTIFIERS OF NOTE:
Able to offer new $10M XS Limits and guidance around limit benchmarking data on fiduciary
We were able to partner with Chris & HUB NE to provide Benchmarking intel to help support his position and sale of higher limits for the client based on their risk profile
PRODUCER: Bobbie Sagan - bobbie@specialtyprogramgroup com Mark Richardson - mrichardson@encorefiduciary com COMMERCIAL LINES
D S G L HOME BUILDER & INLAND MARINE
WRITTEN PREMIUM Builders Risk LINES OF BUSINESS
LIMITS, EXPOSURES, OR ANY OTHER UNIQUE IDENTIFIERS OF NOTE:
$9,358,342
This opportunity highlights the power of referral-based collaboration Following a market declination, the HUB Fresno office was directed to Catapult by a trusted colleague One positive interaction sparked a successful binder and, even more significantly, the formation of a strong, ongoing relationship
PRODUCER: Becky King - bking@catapultinsurance com
HUB MIDWEST WEST
$216,000 WRITTEN PREMIUM Builders Risk LINES OF BUSINESS
Blenheim Syndicate
LIMITS, EXPOSURES, OR ANY OTHER UNIQUE IDENTIFIERS OF NOTE:
$10M
Travelers was lowering their wood frame limits and the account had not been sent out to market for a few years We were able to provide a $10M limit for all construction types including wood frame on an annual reporting basis for significantly less than the prior term This was an all-encompassing builders risk policy providing broad coverages and ease of use for all stakeholders
PRODUCER: Tim Sunderman - tsunderman@catapultinsurance com
DISASTER
&
LIMITS, EXPOSURES, OR ANY OTHER UNIQUE IDENTIFIERS OF NOTE:
The client’s BI worksheet was based on $15M in projected revenue, but they are currently trending toward $27M in their first year DRS updated the client’s BI forecast allowing the HUB producer to close coverage gaps, address coinsurance penalties, and increase policy revenue accurately in line with actual performance
PRODUCER:
Cory Brandt - cbrandt@drsconsults com
LIMITS, EXPOSURES, OR ANY OTHER UNIQUE IDENTIFIERS OF NOTE:
DRS conducted a robust review across four high-volume restaurants to help ensure adequate BI limits. HUB invited DRS to join the client call to walk through the analysis, and the feedback was exceptional the insured described it as the first time in 20 years they truly understood the intent and mechanics of BI coverage
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
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