BURBANK, California, December 6, 2021 / PRNewswire / – Monarch E&S Insurance Services (Monarch E&S), a division of Specialty Program Group LLC, which operates as SPG Insurance Solutions in California, today announced that it has acquired the assets of Anderson & Murison, Inc. (A&M), a leading specialist and provider of individual individual insurance coverage.

A&M is a national full-service excess insurance broker and specialist insurance risk underwriter for businesses and individuals. A&M was incorporated in 1965 and the company started with a solid foundation in the late 1960s “having the pen” for E&S carriers and becoming a Lloyds Coverholder. A&M is now proud to offer extensive online pricing, quotation and binding processes.

“A&M enjoys an excellent reputation in our industry and a deep specialization in the field of personal umbrellas. The A&M transaction will complement Monarch’s current offering and allow us to deliver a more robust personal line solution with digital capabilities ” Derek borisoff, CEO of Monarch E&S, said. “We are delighted to have the opportunity to offer A&M retail brokers more products in the personal and corporate areas. Culturally, the two companies are a perfect fit and focus on providing the royal treatment to our clients. “

Jim mccarthy, CEO of A&M, said, “Monarch is an organization known for its superior service to retail brokers. This keen sense of customer service is shared by A&M. Our shared ability to meet the expectations of retail brokers will create an unbeatable combination of products and services. “

About Monarch E&S Insurance Services, a division of SPG Insurance Solutions
Monarch E&S Insurance Services is built on treating its clients with unparalleled service and deep expertise in both commercial and personal line 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 35 years has enabled Monarch E&S to gain underwriting authority in the most sought after line markets and an established reputation in the wholesale brokerage, bookbinding space. For more information, please visit www.monarchexcess.com

About the Specialty Program Group
Based at Summit, New Jersey, Specialty Program Group is a fully licensed holding company established to acquire and grow the best insurance underwriting facilities and specialty businesses across North America. SPG has 13 portfolio companies and has over a billion in premiums. For more information, please visit www.specialtyprogramgroup.com.

CONTACT:
Media: Chris Lamitola
Telephone: 908-790-6749
[email protected]

Mergers and Acquisitions : Chris treanor
Telephone: 908-790-6884
[email protected]

SOURCE Specialty Program Group