DOXA Acquires The Monument Sports Group to Grow its Sports and Entertainment Insurance Offerings READ MORE
FORT WAYNE, Ind.— July 5, 2023 — DOXA Insurance Holdings is pleased to welcome two new team members, Liz Coakley and Caitlin Murphy to the organization. Coakley and Murphy, senior-level underwriters with more than 15 years of experience in the commercial excess and surplus (E&S) property insurance space, will lead DOXA’s property program facility offering best-in-class property underwriting solutions.
The new MGA is expected to launch in fall 2023 and will focus on bringing capacity to the wholesale property industry by offering excess and surplus (E&S) insurance solutions. Coakley will serve as President of the new organization, while Murphy will serve as Underwriting Director.
“I am thrilled to begin a new chapter with DOXA at this historic time in the property market,” said Coakley. “With the decades of experience Caitlin Murphy and I bring to the table, it’s a chance to address an immediate need in the industry through a unique partnership. The combination of DOXA’s expertise and agility as well as our own eagerness to offer new capacity and options in the wholesale industry is an exciting opportunity for success.”
Murphy added, “I look forward to partnering with DOXA and my longtime business associate, Liz Coakley, in this new venture in the wholesale property space. With our combined industry experience and DOXA’s proven capabilities, it’s an incredible opportunity to deliver new capacity and create innovative solutions for our clients, particularly given the changing market conditions that we have witnessed and experienced in recent years.”
Coakley and Murphy join DOXA during a period of growth and success for the organization, prompting enthusiasm from leadership.
“The leadership team at DOXA is incredibly excited to launch our next MGA in the property sector. By matching exceptional talent with DOXA’s capabilities, Liz & Caitlin will bring industry leading and innovative underwriting solutions to our clients,” said DOXA’s President, Joe Guerrero. “Both Liz and Caitlin bring the knowledge, experience, expertise and values that DOXA looks for when investing in successful startups and acquisitions.”
Related posts
In the commercial insurance sector, mergers and acquisitions (M&A) are powerful tools for achieving growth, expanding market reach, and diversifying services. However, one crucial determinant of success in any M&A...
Continue ReadingThe insurance brokerage industry is at a crossroads. Fewer firm owners are discussing internal perpetuation—the process of passing the business to trusted leaders or family members—opting instead for external sales...
Continue Reading