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Holding company acquires Indiana-based MGA


Doxa Insurance Holdings LLC on Tuesday said it has acquired Delphi, Indiana-based managing general agent Bradshaw Insurance Group Inc.

Terms of the deal were not disclosed. The transaction closed on Dec. 30.

Doxa is a Fort Wayne, Indiana-based holding company that acquires specialty niche-focused insurance distribution companies such as MGAs, wholesale brokers and program administrators.

Bradshaw specializes in niche transportation insurance products, including a driver’s association, claims administration and a brokerage division, a statement said. Products include truck driver benefits, trucking insurance, commercial auto insurance, and non-trucking liability.

Stacy Bradshaw will continue to lead Bradshaw as president, the statement said. Bradshaw has about 15 employees, and all will be joining Doxa, according to a statement from the company.