DOXA Insurance Holdings has unveiled a new insurance program named Arris, targeting the excess and surplus (E&S) commercial property sector.
Arris Property Underwriters is set to provide wholesale property solutions, focusing on hard-to-insure risks within key sectors such as real estate, hospitality, healthcare, education, municipalities, and light manufacturing.
The program aims to deliver comprehensive underwriting services to the wholesale market, offering up to $2.5 million in excess capacity, including coverage in critical catastrophe zones, through a selective wholesale distribution network.
Liz Coakley, president of Arris Property Underwriters, expressed enthusiasm about the launch, emphasizing the program’s role in addressing the needs of insureds and broker partners amid changing market conditions and capacity shifts due to climate change.
Coakley, with over 16 years of experience in property underwriting at leading firms, along with Caitlin Murphy, underwriting director with more than 15 years of experience in property brokerage and underwriting, lead the Arris team.
“It is our goal to provide our wholesale brokers with a trusted ally and our insureds with stable and comprehensive coverage in the ever-evolving property insurance market,” Murphy said.
Arris Property Underwriters is now operational nationwide, with the program being offered in collaboration with Obsidian Insurance Group, a carrier group known for its hybrid program carrier model that supports specialty insurance programs’ expansion.
Craig Rappaport, president of Obsidian, also commented on the collaboration, stating the partnership with Arris and DOXA brings together Obsidian’s program carrier model, the underwriting expertise of the Arris team, and the backing of top-tier reinsurers.
“Obsidian is committed to partnering with growing MGA partners that seek to bring distinct capabilities and experienced underwriting talent to meet growing marketplace demand,” Rappaport said.
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