Promont Insurance Advisors (Promont) announced the acquisition of the assets of Pro Liability Group, LLC (Pro Liability), an allied underwriting program manager for healthcare liability. Pro Liability will join Promont Insurance Advisors, a DOXA Insurance company and full-service insurance underwriter managing in difficult risks including churches, schools, skilled nursing facilities and allied health.
Founded in 2012 by Linda Morse, Pro Liability has been a partner in the healthcare liability marketplace, bringing value to producers for more than a decade. Dedicated to relationship-building and a consistent reputation for delivering upon commitments, Morse and Pro Liability have built an allied healthcare book of business with small facilities and individuals that is now part of the DOXA/Promont group.
“DOXA is thrilled to bring the Pro Liability expertise and deep relationships to its Promont Insurance Advisors portfolio,” said Kate Fox, executive vice president, DOXA Healthcare. “We look forward to combining Pro Liability’s expertise and knowledge in the allied healthcare sector with Promont’s top tier products and underwriting to enhance future growth opportunities and broaden our distribution footprint.”
With Promont and Pro Liability’s combined market position in the allied healthcare sector, this partnership further deepens Promont, Pro Liability and DOXA’s commitment to the space. The synergistic combination of Pro Liability’s relationships and experience and Promont’s resources will continue to provide clients with the best underwriters and products. The addition of Morse’s proficiency, knowledge and leadership experience will also help continue the broadening of Promont’s products and market opportunities.
“I am thrilled to have Linda join the Promont team as a senior vice president,” said Greg Morris, president of Promont. “Linda is well respected and brings with her a wealth of knowledge that will aid in our growth strategy. We have known each other for years as friendly competitors and I am excited to now combine our resources and programs.”
The addition of Pro Liability into the Promont division showcases DOXA’s creative consideration for acquisitions of all sizes. With this acquisition, Promont and Pro Liability will work to continue to drive the organization’s growth in the allied healthcare space, furthering DOXA’s commitment to the overall North American healthcare market.
“The Pro Liability team is excited to join forces with Promont Insurance Advisors under the DOXA umbrella,” said Linda Morse, founder and sole proprietor of Pro Liability Group, LLC. “Pro Liability has a longstanding reputation for our commitment to the strong relationships we have developed with our producers. Joining Promont and DOXA allows us to continue to bring value to our producers while growing and finding greater success in the healthcare liability marketplace.”
With this acquisition, Greg Morris, president of Promont will assume management of the Pro Liability team. Morse will assume the role of senior vice president – DOXA Healthcare on the Promont side, reporting directly into Morris. DOXA, Promont’s parent company, will assist with the integration and provide back-office resources, allowing the larger team of underwriters to focus on their primary roles. The expanded underwriting team will continue to grow in the allied healthcare space.
The transaction closed on August 30, 2024.
ABOUT Promont Insurance Advisors:
Promont Insurance Advisors, a DOXA Insurance company, is a full-service insurance underwriter managing difficult risks including churches, schools, skilled nursing facilities and allied health. In addition to traditional underwriting services the organization offers diversified supplementary services such as IT data support, insurance product development, litigation support and insurance program management. With years of collective experience in the insurance industry the Promont team of experts works diligently to solve problems, provide the best coverage possible and surpass expectations for all clients. More information is available at https://www.promontadvisors.com/.
ABOUT DOXA INSURANCE
DOXA Insurance Holdings is a Midwest-domiciled holding company that acquires specialty niche-focused insurance distribution companies such as Managing General Agencies, Wholesale Brokers, and Program Administrators. DOXA focuses on assisting businesses through centralized support services to help companies maximize their growth potential. DOXA’s founders are experienced insurance executives with credentials in the niche and specialty insurance market. More information is available at www.doxa.com
ABOUT Pro Liability Group, LLC
Established in 2012, Pro Liability Group is a privately owned underwriting program manager for healthcare liability, bringing value to producers in the healthcare liability marketplace for more than a decade. Servicing classes such as home health, healthcare consultants, group homes, mental health, social services, medical clinics, imaging centers, DME sales, therapists, nurse practitioners and more throughout the healthcare sector ProLiability offers highly acclaimed programs, fair pricing and limits and comprehensive coverage. More information is available at https://proliabilitygroupllc.com/.