![]() "Their operating philosophy allows for significant autonomy, which was very important as we selected a business partner. Our firms share in the entrepreneurial spirit that has made the specialty distribution space so dynamic and appealing," said Tim Sunderman, President of Catapult. "We are extremely excited to join the SPG team. "Their deep expertise in the construction space will expand SPG's offerings and accelerate our growth in this growing industry." "Tim and his team have implemented a targeted growth strategy and innovative technology platform that have enabled them to become an extremely successful and growing niche player," said SPG President & CEO Christopher Treanor. Catapult's infrastructure is designed for program incubation and development. In addition, Catapult is a Lloyds Coverholder and also provides solutions for hard-to-place risks for coastal and other high hazard property, specialty trade contractor GL, deductible buy downs, commercial DIC (EQ & Flood), and contractor's equipment. Led by President Tim Sunderman, Catapult's largest delegated authority program is dedicated to providing residential homebuilders, commercial general contractors and trade contractors with best-in-class products and services, including general liability, umbrella, builder's risk, contractor's equipment and workers' compensation. ![]() Catapult is a privately held managing general insurance agency and wholesale brokerage for niche industries and hard-to-place risks. 2, 2022 /PRNewswire/ - Specialty Program Group LLC (SPG), a leading operator of specialty insurance brokerages and underwriting facilities, announced today the acquisition of the assets of Catapult Insurance Solutions.
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