{"id":94423,"date":"2026-02-19T09:05:25","date_gmt":"2026-02-19T12:05:25","guid":{"rendered":"https:\/\/shipping.einnews.com\/article\/893693754"},"modified":"2026-02-19T09:05:25","modified_gmt":"2026-02-19T12:05:25","slug":"spg-scales-cargo-and-logistics-power-with-logistiq-and-anova-integration","status":"publish","type":"post","link":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/2026\/02\/19\/spg-scales-cargo-and-logistics-power-with-logistiq-and-anova-integration\/","title":{"rendered":"SPG scales cargo and logistics power with Logistiq and Anova integration"},"content":{"rendered":"

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SPG said the deal will add complementary capabilities, enhancing its existing transportation division. Credit: Andrii Yalanskyi\/Shutterstock.com. <\/figcaption><\/figure>\n<\/p><\/div>\n

Specialty Program Group (SPG) has acquired Logistiq Insurance Solutions and will merge the business with Anova Marine Insurance, which SPG took over in 2025.<\/p>\n

Financial services of the deal remain undisclosed.<\/p>\n

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This alignment brings together two operators with experience in marine and transport insurance, consolidating their services into a single platform aimed at supporting the cargo and logistics sector.<\/p>\n

SPG said the deal will add complementary capabilities, enhancing its existing transportation division.<\/p>\n

By combining Anova\u2019s ocean cargo and digital underwriting resources with Logistiq\u2019s focus on domestic transport and risk analysis, the operation will provide insurance options for freight forwarders, third-party logistics providers and motor carriers.<\/p>\n

The offering will also draw on SPG Transportation\u2019s liability and work injury products.<\/p>\n

Oversight of the merged entity will be shared by leaders from both organisations.<\/p>\n

Anova Marine Insurance Services president Bradford A. Boyd and Logistiq Insurance Solutions president Glenn Stebbings are joined by Julian Stokes and Scott Cornell.<\/p>\n

Stokes was previously the president of Dual Logistics and Cornell was vice-president of Transportation Risk & Strategy at Travelers.<\/p>\n

Stokes has been leading Anova\u2019s non-marine programmes since mid-2025, while Cornell joined Logistiq later in 2025 as chief risk officer.<\/p>\n

Under the unified platform, SPG plans to deliver a broader range of services.<\/p>\n

These include all-risk coverage for ocean and domestic cargo, stock throughput policies and logistics operator liability with full underwriting authority up to $25m ($50m within 24 hours).<\/p>\n

It also includes licensing and surety bonds, advice on cargo theft and supply chain security, consulting on contractual liability exposures, and digital solutions for quoting and claims.<\/p>\n

SPG president and CEO Chris Treanor said: \u201cBringing Julian and Scott into this ecosystem with Bradford and Glenn is a game-changer.<\/p>\n

\u201cJulian\u2019s unrivalled track record in non-marine logistics underwriting and Scott\u2019s legendary expertise in cargo theft and supply chain security provide our partners with a level of insight that simply doesn\u2019t exist elsewhere. We aren\u2019t just underwriting insurance; we are building a community of innovation where every member is \u2018Stronger Together\u2019.\u201d<\/p>\n

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