DOXA acquires The Monument Sports Group
DOXA announced the acquisition of The Monument Sports Group (MSG), adding to its expanding footprint in the sports and entertainment industry. Established in 2000 by President and Founder, Mark Grossman, MSG is an independent insurance agency solely focused on insurance and risk management for amateur and professional sports, recreational organizations, entertainment and sport facilities.
As the longtime exclusive insurance provider and program manager for the Climbing Wall Association, the U.S. Indoor Sports Association and other U.S.-based amateur or professional sports leagues, MSG strives to provide program stability and long-term commitment to all clients. MSG provides tailored solutions for its programs, including personalized risk management support and comprehensive coverage options.
“With years of experience in sports and entertainment insurance and risk management, MSG has an intimate knowledge of the unique risks related to this sector making them a market leader in insuring and protecting climbing gyms and sports facilities. That knowledge and their top-tier industry reputation make MSG not only a valued partner for their clients, but a team DOXA is eager to support.” – Matt Sackett, CEO and co-founder of DOXA.
The acquisition of MSG continues DOXA’s growth into the sports market by providing specialized solutions for climbing gyms and amateur and professional leagues. MSG joins DOXA’s sports and entertainment programs including International Hole in One Association, RVNA, Odds on Promotions and more. DOXA will support MSG as they continue to grow their current offerings and seek potential new programs within the sports and entertainment industry.
“MSG has been a proud provider of proven insurance programs and risk management in the sport and recreation space for nearly 25 years. In partnering with DOXA, we see a future of continued growth for our programs and clients alike. We look forward to joining DOXA to leverage its network, back-office support and program-specific expertise as we look to expand our programs and become a leader in the broader sports insurance industry.” – Grossman.
