Specialized Program Solutions (SPS) joins Novatae Risk Group, adding a specialized commercial trucking insurance platform built on technology-driven underwriting, real-time telematics data, and continuous risk assessment. Founded in 2022, SPS focuses on the underwriting, marketing, and administration of long-haul trucking risks across the United States.
SPS was created to bring a modern approach to commercial trucking insurance. The company utilizes a focused distribution model, proprietary data modeling, and mandatory Electronic Logging Device (ELD) integrations to support underwriting decisions and policy management.
At the center of SPS's approach is its belief in understanding driver behavior through real-time data. By leveraging telematics technology and proprietary scoring models, SPS continuously evaluates risk throughout the policy term, helping support disciplined underwriting and responsive portfolio management.
SPS also developed a custom-built platform that enables policies to be quoted, bound, and issued efficiently while maintaining consistent underwriting standards.
Program Solutions
SPS specializes in commercial auto liability coverage for:
- Owner-operators
- Small fleets
- Fleet motor carriers
- For-hire trucking operations
- Private trucking operations transporting non-hazardous property throughout the continental United States
Target operations include the transportation of:
- General dry freight
- Agricultural products
- Commodities
- Building materials
- Bulk goods
- Finished lumber
- Refrigerated freight
- Similar non-hazardous cargo operations
.png)
.png)
