Burbank, CA, May 20, 2019 – Monarch E&S Insurance Services (Monarch), a division of SPG Insurance Solutions, a leading, full service MGA and wholesale broker with underwriting authority for the most highly sought after surplus line markets, announced today that they hired Matt Romano as Vice President to launch their Flood practice.
Due to the rapid growth within the private flood market and the ever changing peril of flood, we saw the need to expand our product offerings by building a comprehensive portfolio of flood products to accommodate our retail agent and broker customer needs.
“We are continuously focused on uniting with the best talent in our industry and partnering with Matt demonstrates this,” said Derek Borisoff, President and CEO of Monarch E&S. “We saw a need for our retail agent customers in the flood realm and invested in creating a practice around this specialty. With Matt’s experience, we will focus on creating product and building out our flood expertise.”
Mr. Romano is a seasoned insurance producer who for the last seven years has worked both as a retailer and wholesaler specializing in private market flood insurance. Matt started his flood career as a flood consultant working with some of the top real estate companies in the country helping them understand their flood exposure. This experience gave him an in depth understanding of the peril of flood and what is needed to properly assess the risks.
About Monarch
Headquartered in Burbank, CA, Monarch has over 30 years’ experience underwriting specialty commercial, personal, & professional lines risks. Their staff of seasoned underwriters coupled with 5 star service ratings demonstrates their value in putting clients first. For more information, visit www.monarchexcess.com.
