Derek Borisoff, CEO & Don Penniall
Monarch E&S Insurance Services
Monarch E&S Insurance Services was created by Don Penniall in 1986 in Burbank, California. He moved the operation to Eagle Rock, CA, a sleepy suburb of Los Angeles, CA., shortly thereafter.
Don’s expertise in the wholesale side of the insurance industry drove him to start his own E&S operation after spending 15 years at another wholesale shop in Glendale, CA.
The Borisoff and Penniall families had known each other since the late 60’s, through school events in Glendale, CA. Then, in the late 80’s, Derek Borisoff and Don Penniall met through mutual professional friends within the industry and a fast friendship formed. As timing would have it, in early 1994, Don was interested in retiring and Derek, in his mid-thirties, was looking for ownership in an E&S operation. The sale was complete by 2001 and the reign of Monarch was handed over to Derek, while Don retired to Coronado, CA.
Monarch E&S is built on treating its customers with unmatched service; hence, our motto….You’ll Get the Royal Treatment….it means something at Monarch. As a full service MGA and Wholesale Brokerage, retail insurance agents and brokers have access to many different lines of business through Monarch’s Commercial and Personal Lines departments.
Monarch has underwriting authority with the most highly sought after surplus line markets writing business in the Western states. Since its beginning in 1986, Monarch has grown into California’s leading independently owned managing general agency, excess and surplus line and wholesale brokerage.