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Announced

Completed

Specialty Program Group completed the acquisition of Squaremouth.

Synopsis

Specialty Program Group, an operator of specialty insurance brokerages and underwriting facilities, completed the acquisition of Squaremouth, a travel insurance digital marketplace. Financial terms were not disclosed. "SPG continues to be at the forefront of digital transformation by providing and delivering products and solutions for clients that improve the insurance buying experience. Squaremouth is a growing industry leader when it comes to the use, convenience and efficiency of its digital travel insurance platform. Clients can get a quote, compare rates and purchase their coverage online and receive their policy immediately. This aligns perfectly with our strategy to accelerate the scale and depth of our digital capabilities to keep pace with our clients' boundaryless needs," Christopher Treanor, SPG President & CEO.

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