Monarch E&S acquires assets of Professional Insurance Executives

Monarch E&S Insurance Services, a division of Specialty Program Group LLC, has expanded its operations by acquiring the assets of Professional Insurance Executives (PIE).

Founded by Bruce Hart, PIE is a contract binding/brokerage firm based in Garland, Texas, known for its expertise in underwriting and commitment to integrity, innovation, and customer service.

This acquisition strengthens Monarch E&S’s position as a key national contract binding/brokerage platform in the US, supporting its goal of expanding into key markets.

PIE’s dedication to building strong client relationships and providing tailored solutions aligns well with Monarch E&S’s client-first approach.

Derek Borisoff, CEO of Monarch E&S, commented, “Bringing PIE into the Monarch family enriches our portfolio with excellent underwriting and expands our relationships in key markets. Bruce’s extensive experience and leadership are invaluable as we continue to strive toward being the preeminent leader in the contract binding sector.”

Bruce Hart, founder of PIE, stated, “Joining Monarch E&S offers PIE an incredible opportunity to leverage extensive resources and reach broader markets. This expansion will enhance our service delivery and allow us to provide even more comprehensive solutions to our clients.”

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