DOXA Insurance Holdings Welcomes New Team to Launch Property MGA

Source: DOXA | Published on July 20, 2023

DOXA forms property insurance MGA

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.”

ABOUT DOXA INSURANCE:

DOXA Insurance Holdings is a Midwest-domiciled holding company that acquires specialty niche-focused insurance distribution companies such as Managing General Agencies, Wholesale Brokers, and Program Administrators. DOXA focuses on assisting businesses through centralized support services to help companies maximize their growth potential.   DOXA’s founders are experienced insurance executives with credentials in the niche and specialty insurance market. More information is available at www.doxainsurance.com.