It affords area of interest insurance coverage options resembling athletic insurance coverage for groups/leagues, camps, and tournaments, insurance coverage for leisure, leisure and sports activities amenities, occasion legal responsibility and cancellation, prize indemnity, climate insurance coverage, liquor legal responsibility and particular occasion legal responsibility.
A launch stated that ESP coated greater than 850,000 youth members in 2021, and that it had over $1.5 billion in insured limits masking particular occasions of every type.
“ESP is on observe to turn out to be a number one supplier of protection for the sports activities and leisure business,” stated SPG president and CEO Christopher Treanor. “They’re a pleasant complement to our portfolio of specialty firms and match with our mannequin of buying firms with area of interest experience and a give attention to customer support, together with providing on-line providers that make it quicker and simpler to get insurance coverage protection.”
“Merely said we’re right here to construct a winner for SPG. The crew at ESP is past excited to affix SPG and proceed to scale each our product choices, our service crew and technological capabilities to shoppers,” stated ESP and SHEL Danger Buying Group president Chris Worth.
Worth added that whereas ESP was not seeking to get acquired, speaking with Treanor and the SPG crew revealed that SPG “had a imaginative and prescient and a plan for the operation that made it unimaginable for us to not be a part of the household on the go ahead,” the president said.
Learn extra: Specialty Program Group welcomes new director of promoting
Final month, SPG appointed Eli Orozco as its new director of promoting. Orozco joined SPG from cellular options developer Bretford, the place he served as advertising director. He was additionally previously the founder and head of promoting operations at EXPLORE VDG, a journey company service devoted to luxurious holidays in Valle de Guadalupe, Mexico.
