DOXA Insurance Holdings LLC in Fort Wayne has acquired Washington-based wholesale healthcare broker Ultra Risk Advisors. Terms of the deal have not been disclosed.
Ultra Risk Advisors will continue its operations under the leadership of Ulta Risk President Chris Randall and his staff, and retain the Ultra Risk Advisors name. Randall will oversee the transition and step into the new role of chief underwriting officer for DOXA.
“We are excited to have Chris Randall and his team join the DOXA family,” said DOXA Chief Executive Officer Matt Sackett. “From our first interactions with Chris, we immediately realized that Ultra Risk Advisors shares many of the same philosophies as DOXA, specifically, the mission to understand the industries we serve to a level where we are recognized as experts, provide these industries with quality products and services with efficient processes that exceed our client’s expectations.”
Ultra Risk Advisors will continue operating as Ultra from its headquarters in Washington, with satellite offices in Chicago, Atlanta, Philadelphia, and Vancouver, Washington.