Monarch E&S Insurance Services Strengthens Market Leadership With Acquisition of the Assets of Commercial Sector Insurance Brokers, LLC (CSIB)
Monarch E&S Insurance Services Strengthens Market Leadership With Acquisition of the Assets of Commercial Sector Insurance Brokers, LLC (CSIB)
CHICAGO, July 10, 2024 /PRNewswire/ -- Monarch E&S Insurance Services (Monarch E&S), a division of Specialty Program Group LLC, announced its acquisition of the assets of Commercial Sector Insurance Brokers, LLC (CSIB), a premier provider specializing in contract binding, the mining industry, and coastal property placements.
2024年7月10日，伊利諾伊州芝加哥/美通社/——專業計劃集團（Specialty Program Group LLC）旗下的Monarch E&S保險服務公司（Monarch E&S）宣佈收購Commercial Sector Insurance Brokers，LLC（CSIB）的業務，該公司是一家專注於合同訂立、礦業和沿海財產投保，以及券商領域的重量級服務提供商保險經紀公司的資產。
Located in Birmingham, Alabama, CSIB is a leading Excess & Surplus (E&S) wholesale broker known for its expertise in a variety of sectors including mining, property, railroad, and trucking. This acquisition includes CSIB's robust contract binding division, which focuses on a range of risks such as contractors, lessors' risk, and hospitality. The company's management team, with over 50 years of combined industry experience, has established a strong network of retail brokers and capacity providers, positioning CSIB as a formidable player in challenging market environments.
CSIb總部位於阿拉巴馬州伯明翰，是領先的超額與盈餘（E&S）批發券商，以其在礦業、房地產、鐵路和公路運輸等各領域的專業經驗而著稱。該收購將包括CSIB的強大的合同訂立部門，專注於承包商、出租人風險和酒店等一系列風險。公司管理團隊擁有超過50年的行業經驗，已經建立起了強大的零售經紀商和擔保提供商網絡，使CSIb成爲一個在挑戰性市場環境中的強大的角色。
"CSIB has established a strong reputation in our industry and brings a depth of specialization that complements Monarch's current offerings," said Derek Borisoff, CEO of Monarch E&S. "Integrating CSIB will enhance our capabilities and enable us to offer a more comprehensive contract binding solution nationwide. We are enthusiastic about the potential to expand our service offerings to include CSIB's expertise in the mining sector."
“CSIb在我們的行業中建立了一個強大的聲譽，並帶來了深度的專業化，補充了Monarch目前的服務。”Monarch E&S首席執行官Derek Borisoff說。“整合CSIb將增強我們的能力，使我們能夠在全國範圍內提供更全面的合同訂立解決方案，我們對能夠拓展我們的服務領域以包括CSIB在礦業領域的專業知識感到興奮。
Bob Bleistine, President of CSIB, also expressed his enthusiasm for the new partnership: "Joining Monarch E&S is a transformative move for us. It presents an opportunity to leverage Monarch's extensive resources while continuing to offer the high-level, specialized service our clients expect. We are excited to contribute to and grow within Monarch's dynamic environment."
CSIb的總裁Bob Bleistine也對這個新夥伴關係表示了興奮，“加入Monarch E&S對我們來說是一個具有變革性的舉措。它爲我們提供了利用Monarch的廣泛資源的機會，同時繼續提供客戶期望的高水平專業化服務。我們很高興能夠在Monarch充滿活力的環境中作出貢獻並實現增長。”
This acquisition is set to enrich Monarch E&S's capabilities, offering more comprehensive coverage solutions and reinforcing its position in the industry. The collaboration will focus on tailoring insurance products that meet the unique demands of the mining sector and other industries, aiming to exceed client expectations continually.
這次收購將豐富Monarch E&S的能力，提供更全面的保險覆蓋解決方案，鞏固其在行業中的地位。合作將專注於量身定製滿足礦業等行業獨特需求的保險產品，不斷超越客戶的期望。
About Monarch E&S Insurance Services, a Division of Specialty Program Group LLC (d/b/a SPG Insurance Solutions in California)
關於Monarch E&S保險服務，隸屬於專業計劃集團LLC（在加利福尼亞州以SPG保險解決方案品牌名字運營）
Monarch E&S Insurance Services is built on treating its customers with unmatched service and deep expertise in commercial and personal lines solutions. As a full-service MGA and wholesale broker, retail insurance agents and brokers have access to many different lines of business through Monarch E&S. Being in business for over 38 years has enabled Monarch E&S to gain underwriting authority with the most highly sought-after surplus line markets and an established reputation in the wholesale brokerage, binding space. For more information, please visit monarchexcess.com
Monarch E&S保險服務建立在無與倫比的服務和商業以及個人線條解決方案的深度專業知識基礎之上。作爲一個全服務的MGA和批發經紀商，零售保險代理和經紀商可以通過Monarch E&S來訪問許多不同的業務領域。經過38年的經營，Monarch E&S已經獲得了與最廣受歡迎的餘額市場的批准，並在批發經紀、訂立空間領域建立了良好的聲譽。欲知更多信息，請訪問monarchexcess.com。monarchexcess.com
About Commercial Sector Insurance Brokers, LLC (CSIB)
關於Commercial Sector Insurance Brokers，LLC（CSIB）
CSIB, headquartered in Birmingham, Alabama, specializes in contract binding services with a particular focus on the mining industry. Under the leadership of Bob Bleistine, CSIB is celebrated for its expertise and commitment to providing customized insurance solutions. More information about CSIB can be found at comsectorins.com.
總部位於亞拉巴馬州伯明翰，專注於合同訂立服務，特別是在礦業領域。在Bob Bleistine的領導下，CSIb因其專業知識和致力於提供定製的保險解決方案而備受讚譽。更多關於CSIb的信息，請訪問comsectorins.com。
About Specialty Program Group LLC
關於專業計劃集團LLC
Specialty Program Group LLC (SPG) is a leading specialty platform headquartered in Chicago, IL, with a diverse portfolio of specialty insurance operations spanning underwriting management, digital solutions, wholesale and specialty retail brokerage, and insurance services. SPG has a track record of scaling industry leading businesses by providing access to business resources, technology and process efficiency, capital and investment, deep carrier relationships, and a broad distribution network. Visit specialtyprogramgroup.com to learn more about how SPG can help you scale your specialty business.
專業計劃集團LLC（SPG）是一家總部位於伊利諾伊州芝加哥的領先專業平台，其擁有多元化的專業保險業務，包括承保管理、數字化解決方案、批發和專業零售經紀業務以及保險服務。SPG通過提供商業資源、技術和流程效率、資本和投資、深厚的保險公司關係以及廣泛的分銷網絡等途徑來擴大業務。欲了解更多有關如何使您的專業業務規模化的信息，請訪問specialtyprogramgroup.com。
CONTACT:
SPG Media: Danny Fogel
Phone: 312-279-4755
[email protected]
聯繫方式：
SPG媒體：Danny Fogel
電話：312-279-4755
[email protected]
Monarch E&S/CSIB: Yiana Stavrakis
Phone: 908-790-6801
[email protected]
Monarch E&S/CSIB：Yiana Stavrakis
電話：908-790-6801
[email protected]
SOURCE Specialty Program Group
來源：專業計劃集團
譯文內容由第三人軟體翻譯。