DOXA has acquired Jupiter Underwriting Group, a Florida-based managing general agent specializing in admitted umbrella and follow-form excess liability. The acquisition supports DOXA’s 2026 growth strategy and expands its presence in the specialty casualty market. In addition, the move allows DOXA to offer more resources while continuing to invest across a broader portfolio of specialty insurance sectors.
Jupiter Underwriting Group was founded in 2019 by David Folkes and Dennis Burton. The company focuses on underwriting complex risks across multiple industries, including contractors, hospitality, real estate, import and export, light manufacturing and fabrication, and oil and gas specialty contractors. The firm represents an AM Best A-rated insurance carrier and has developed strong relationships with carriers and reinsurers. Its growth reflects deep niche underwriting expertise in difficult classes of business, along with a loyal customer base.
Kevin Wall, president of DOXA, emphasized the alignment between the two organizations. He noted that the discipline, dedication, and expertise demonstrated by Folkes and Burton match the qualities DOXA values in its partners. He also highlighted Jupiter Underwriting Group’s reputation as a high-quality platform with a differentiated approach in excess liability. According to Wall, these strengths support DOXA’s continued expansion.
Folkes brings experience in building and scaling platforms across retail and wholesale brokerages, carriers, and MGAs. Burton contributes more than 30 years of casualty underwriting experience, including senior leadership roles at established carriers. Together, they bring a combined 60 years of industry experience.
Folkes stated that DOXA stood out as a partner because of its capital resources and its understanding of how to grow specialty businesses. He also pointed to DOXA’s platform, relationships, and disciplined approach to growth as key factors in the decision.
Following the acquisition, Folkes and Burton will remain in leadership roles at Jupiter Underwriting Group. They will continue to lead operations while also providing strategic support within DOXA.