Specialty Program Group Acquires Paul Hanson Partners in California
Specialty Program Group, a holding company for specialty insurance underwriting facilities, has acquired the assets of Paul Hanson Partners and its affiliate, PHP International.
Terms of the deal were not disclosed.
Napa, Calif.-based PHP is a national program administrator specializing in providing risk management and insurance solutions to the transportation industry, specifically the moving and storage and last mile delivery segments.
Summit, N.J.-based Specialty Program Group focuses on expanding program underwriting and specialty businesses.