Monarch E&S Acquires Assets of Commercial Sector Insurance Brokers (CSIB)
July 10, 2024
Monarch E&S Insurance Services, a division of Specialty Program Group LLC, has acquired the assets of Commercial Sector Insurance Brokers, LLC (CSIB), a Birmingham-based E&S wholesale broker and contract binding specialist. The transaction expands Monarch E&S's contract binding capabilities and specialty placements (notably in mining and coastal property) and integrates CSIB's management team and broker relationships into Monarch's national offering.
- Buyers
- Monarch E&S Insurance Services, Specialty Program Group LLC
- Targets
- Commercial Sector Insurance Brokers, LLC (CSIB)
- Platforms
- Monarch E&S Insurance Services
- Industry
- Insurance
- Location
- Alabama, United States
- Transaction Type
- Addon
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