(Cincinnati, OH – January 27, 2022) Norman-Spencer, a leader in the insurance industry since 1988, enhances its current real estate errors & omissions (E&O) program by creating an exclusive Risk Purchasing Group (RPG) with The Hanover Insurance Group. This new program provides RPG members with the buying power of Norman-Spencer’s real estate professionals. It delivers competitive rates and risk management advantages alongside significant cost savings and enhanced coverages.
The Norman-Spencer RPG program also offers professional risk management information and easy-to-apply, practical advice curated to help its agents provide their clients with a superior insurance solution. Exclusive coverages within the program include E&O insurance for real estate agents (including an express option with slot rating and instant issuance), appraisers, title agents, abstractors, home inspectors, and mortgage brokers.
“By consolidating our carriers down to a proven market leader like The Hanover, Norman-Spencer is taking steps to be the one-stop-shop for real estate coverages in the marketplace,” states Matt Nangle, vice president of professional liability with Norman-Spencer. “Our RPG members gain exclusive access to a wide breadth of real estate-related products, offering the broadest coverage in the market at competitive premiums.”
“We’re pleased to develop this strategic alliance with Norman-Spencer,” said Sarah Medina, President, Professional Liability at The Hanover. “Our program business has always been an important differentiator for The Hanover’s professional liability business. By joining forces with brokers like Norman-Spencer, we’re able to offer our distinctive coverages and create a unique program like this enhanced E&O program for real estate professionals.”
About Norman-Spencer Agency, LLC
Norman-Spencer Agency, LLC operates as a program administrator, and wholesale broker that services more than 3,000 independent agents, delivering industry-tailored coverage, competitive pricing, specialized claims, and risk management services to business owners throughout the U.S. Norman-Spencer Agency, LLC is a subsidiary of Constellation Affiliated Partners, LLC. Learn more at www.norman-spencer.com.
About Constellation Affiliated Partners LLC a Subsidiary of CRC Insurance Services, Inc.
Constellation Affiliated Partners LLC (CAP), a subsidiary of CRC Insurance Services, Inc., is one of the largest program management operations in North America. With more than 30 brands across over 10 industries, CAP provides data-driven and innovative niche insurance solutions to the Company’s distribution partners and insureds across the country. CAP places upwards of $2.4 billion in annual premium, offering a full suite of underwriting, distribution, and claims management services. Learn more at www.ConstellationAP.com.
About Hanover Insurance Group
The Hanover Insurance Group, Inc. is the holding company for several property and casualty insurance companies, which together constitute one of the largest insurance businesses in the United States. The company provides exceptional insurance solutions through a select group of independent agents and brokers. Together with its agent partners, the company offers standard and specialized insurance protection for small and mid-sized businesses, as well as for homes, automobiles, and other personal items. For more information, please visit hanover.com.
All products are underwritten by The Hanover Insurance Company or one of its insurance company subsidiaries or affiliates (“The Hanover”). Coverage may not be available in all jurisdictions and is subject to the company underwriting guidelines and the issued policy. This material is provided for informational purposes only and does not provide any coverage. For more information about The Hanover visit our website at www.hanover.com.