CEO, Monarch E&S a Division of SPG
Derek Borisoff serves as CEO of Monarch E&S and joined the firm over 25 years ago.
Derek held various positions with increasing authority throughout his career, starting his senior year at The University of Southern California (USC) as a NAPSLO intern.
Derek spent the next decade working for an E&S firm, eventually owning part of the operation. By age 33 he took the helm of Los Angeles-based Monarch E&S Insurance Services and seven years later became owner.
As CEO of Monarch, he operates more as a coach than CEO, something he knows well from his years competing in college sports and coaching water polo. Derek’s over-all business philosophy is that success comes from supporting the people who support your business.
Derek is an active sponsor of Young Brokers and Agents events such as the Young Agents Conference, I-Days and other events organized by independent agent associations.
Derek has been married for 33 years to his wife Kristi. They raised three sons, all of whom won multiple national championships in water polo at USC. All three sons are employed within the insurance industry.
In 2017, Monarch partnered with Specialty Program Group and Derek’s role transformed to include strategic M&A and the national expansion of Monarch.
President, Monarch E&S a Division of SPG
Yiana Stavrakis serves as President of Monarch E&S and joined the firm in 2020.
Yiana is a significant contributor to the company’s national expansion and is instrumental to the ongoing growth and strategy of Monarch.
Prior to joining Monarch, Yiana was Chief Sales Officer for Specialty Program Group, providing strategic sales and marketing guidance to acquired business partners.
She began her insurance career with Metro Insurance Services, Inc., a real estate MGU, and steadily rose in both position and authority as she mastered underwriting & claims management.
In 2012, Yiana joined Preferred Concepts, LLC. as part of the Metro acquisition, providing operational support to the unit’s underwriting teams and carrier partners. Following Preferred Concepts, she joined the wholesale brokerage world via AmWINS Group, Inc.; her role included developing strategic retailer and carrier relationships.
Yiana graduated summa cum laude from Rutgers Business School with a Major in Business Management and a Concentration in Management Information Systems. She is a licensed property, casualty and surplus lines insurance professional and holds both an ASLI and a CPCU designation.
Yiana is an IBANY board member and is co-founder and past president of NAPSLO’s Next Generation. In 2010 she received the NAPSLO Past President’s Award for outstanding committee work, in 2013 she received the Steven R. Gross Under 40 Award, and in 2015 she received IBANY’s First Emerging Leader Award. In Jan 2022, she joined CHIEF which is the only private membership network focused on connecting and supporting women executive leaders.
Yiana has most recently been named one of Insurance Business America’s Hot 100, 100 Women to Watch, and was a finalist for Insurance Business America’s Woman of Distinction Award.