Specialty Program Group (SPG) LLC, a specialty insurance platform, has acquired Logistiq Insurance Solutions (Logistiq) to merge the business with previously acquired Anova Marine Insurance.
This strategic move unifies two marine and transportation insurance entities to create a unified tech-forward platform to address complex risks of the global supply chain through SPG’s Cargo & Logistics platform.
The move will combine Anova’s ocean cargo and digital underwriting expertise, Logistiq’s domestic transportation and risk intelligence expertise, and SPG Transportation’s broad range of liability, work injury, and other transportation products to offer “complete” insurance coverage for freight forwarders, 3PLs, and motor carriers.
SPG’s new Cargo & Logistics capabilities are bolstered by a team of industry veterans, including Bradford A. Boyd as President of Anova Marine Insurance Services, and Glenn Stebbings as President of Logistiq Insurance Solutions.
Alongside Julian Stokes, former President of Dual Logistics, who joined Anova in mid-2025 to lead their non-marine initiatives, including structuring creative solutions for complex liability programs and Scott Cornell, former Vice President of Transportation Risk & Strategy at Travelers, who joined Logistiq in late 2025 to serve as Chief Risk Officer, leading proactive loss prevention.
Chris Treanor, President and Chief Executive Officer, Specialty Program Group, commented, “Bringing Julian and Scott into this ecosystem with Bradford and Glenn is a game-changer. Julian’s unrivalled track record in non-marine logistics underwriting and Scott’s legendary expertise in cargo theft and supply chain security provide our partners with a level of insight that simply doesn’t exist elsewhere. We aren’t just underwriting insurance; we are building a community of innovation where every member is ‘Stronger Together.'”
Boyd added, “Joining the SPG family and collaborating with the Logistiq team allows us to scale at an unprecedented pace. By merging Anova’s automated underwriting technology with the vast resources of the integrated platform, we are staying true to our roots of nimble claims and versatile coverage while reaching a global audience. This is the next chapter in revolutionising how logistics and cargo insurance is written and serviced.”
Stebbings said, “Our focus has always been on empowering the logistics industry through intelligence and proactive risk management. This collaboration is the logical next step. With the added weight of SPG’s distribution and the specialised talents of leaders like Scott Cornell and Julian Stokes, we are positioned to help our clients navigate a fundamentally changed fraud and theft landscape with absolute confidence.”
