DOXA swoops for Monument Sports activities Group

DOXA Insurance coverage has expanded its specialised insurance coverage choices within the sports activities and leisure sectors by means of its latest acquisition of Monument Sports activities Group (MSG).

DOXA Insurance coverage, led by CEO and co-founder Matt Sackett, has regularly sought to supply tailor-made insurance coverage options in area of interest markets. With this acquisition, DOXA is about to offer complete danger administration options for climbing gyms and beginner or semi-professional sports activities leagues.

“With years of expertise in sports activities and leisure insurance coverage and danger administration, MSG has an intimate data of the distinctive dangers associated to this very bodily enterprise sector making them a market chief in insuring and defending climbing gyms and sports activities services,” stated Sackett. “That data and their top-tier business popularity make MSG not solely a valued accomplice for his or her shoppers, however a staff DOXA is keen to help.”

What MSG Brings to DOXA

MSG was established in 2000 by president and founder Mark Grossman. Its companies deal with offering insurance coverage and danger administration options for beginner {and professional} sports activities, leisure organizations, and leisure services.

Because the unique insurance coverage supplier for organizations just like the Climbing Wall Affiliation and the U.S. Indoor Sports activities Affiliation, MSG has constructed a robust popularity in providing stability and long-term dedication to its shoppers.

In response to Grossman, with MSG’s almost 25 years of expertise, the acquisition not solely enhances DOXA’s potential to offer complete danger administration options but additionally broadens their choices within the beginner and semi-professional sports activities leagues.

“We look ahead to becoming a member of DOXA to leverage its community, back-office help and program-specific experience as we glance to broaden our packages and turn into a pacesetter within the broader sports activities insurance coverage business,” Grossman stated.

The acquisition of MSG strengthens DOXA’s portfolio, which already options well-known packages just like the Worldwide Gap in One Affiliation, RVNA, and Odds on Promotions. In June, DOXA additional expanded its choices by buying MGA CPH Insurance coverage, an organization specializing in skilled legal responsibility merchandise for psychological well being and healthcare professionals.

How do you assume specialised insurance coverage can profit area of interest markets like sports activities and recreation? Share your ideas within the feedback beneath.