NSM Insurance Group Acquires TranSpec
CONSHOHOCKEN, PA — NSM Insurance Group, a leader in industry-specific insurance program administration, announced that it has acquired TranSpec, a highly specialized transportation insurance broker located in Nashville, TN.
TranSpec specializes in designing and implementing insurance programs for trucking firms that utilize owner operators. The program coverages include, non-trucking liability, physical damage and occupational accident for owner-operators.
Bill McKernan, President of NSM Insurance Group, said, “We are excited to welcome TranSpec to the NSM family, more importantly we are enthusiastic for the growth opportunities associated with this business. For over 20 years, NSM has provided motor carriers and owner operators insurance programs that meet their unique needs. TranSpec and their terrific team are a perfect addition to NSM.”