CPH Insurance, was founded in Chicago in 2000 by Phil Hodson, and launched its first online quote in 2008. It currently serves over 250,000 professionals in the US. Today it sells the majority of its policies online through straight-through-processing technology.
CPH also collaborates with organisations using a proprietary underwriting platform that enables full policy life cycle management and digital distribution. Policies purchased through CPH are underwritten by Philadelphia Indemnity Insurance Company.
Matt Sackett, CEO and Co-founder of DOXA, commented on the acquisition: “We are pleased to partner with CPH Insurance, an organisation with vast specialised expertise in allied health. Everyone at DOXA looks forward to working with the team at CPH Insurance as they continue to grow and offer new solutions to allied health professionals.”
Phil Hodson, President and Founder of CPH, added: “Building this organisation from the ground up allowed us the ability to make the right decisions for the clients we work to protect. Partnering with DOXA allows us to maintain autonomy while gaining additional insurance industry experience and back-office support. We are excited to work with DOXA as we grow our footprint in the marketplace and expand our product offerings.”