FORT WAYNE, Ind — DOXA Insurance today announces the acquisition of CPH Insurance, a Chicago-based specialty managing general agent (MGA) providing professional liability products for mental health, allied health and healthcare professionals.
“We are pleased to partner with CPH Insurance, an organization with vast specialized expertise in allied health. Everyone at DOXA looks forward to working with the team at CPH Insurance as they continue to grow and offer new solutions to allied health professionals,” said Matt Sackett, CEO and co-founder of DOXA.
Established in 2000 by founder and President Phil Hodson to specifically serve the mental health sector, CPH Insurance provides competitively priced, timely insurance products to over 250,000 insureds across the U.S. The specialty MGA works to set trends, rather than follow them, by developing technology to proactively anticipate the needs of policyholders. Years ahead of the competition, CPH Insurance launched its first online quote in 2008 and today sells a majority of policies online through straight-through-processing technology. CPH also partners with organizations to utilize a proprietary underwriting platform that enables full policy life cycle management and digital distribution.
“Building this organization from the ground up allowed us ability to make the right decisions for the clients we work to protect. Partnering with DOXA allows us to maintain autonomy while gaining additional insurance industry experience and back-office support,” said President and Founder of CPH Insurance Phil Hodson. “We are excited to work with DOXA as we grow our footprint in the marketplace and expand our product offerings.”
DOXA will continue to support CPH Insurance as it continues to nurture its existing book of business and continues introducing new products targeted to suit the unique needs of the organization’s clientele.
The transaction closed on Jun 7, 2024.
Source: DOXA Insurance
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