Monarch Newsletter Q1 2025

Welcome to the first edition of our quarterly newsletter! Our goal is to keep you informed and empowered, ensuring you get the most out of your coverage. But more than that, this is also a way for us to stay connected—reminding you that we’re always here when you need us.

Navigating Rising Home Insurance Costs

Rising premiums are driven by natural disasters, soaring construction costs, and higher reinsurance rates. As we move into 2025, market conditions remain uncertain, with factors like climate change, legislative changes, housing market fluctuations, and insurer adjustments shaping coverage and costs. Renewals will most likely go up. The best way to stay ahead? Reach out to us to ensure you're maximizing every available discount.

A New Name: Monarch by Virtus

We’re excited to launch Monarch by Virtus, our dedicated specialty insurance platform for Personal Lines and Small Business. It’s the same expert team—now with an even sharper focus on your unique needs. By creating this division, we’re ensuring our clients receive a more personalized, elevated experience designed just for them. 

Team Member Spotlight: Liz Adams

Elizabeth E. Adams has 30 years of personal lines insurance experience, having worked with agencies in Central NY and West TN. She joined Virtus Insurance in July 2022 following a merger with Kemmons Wilson Insurance Group, where she had been a key member of the personal lines department since 2016. As VP of Personal Lines Client Development and leader of Monarch by Virtus, Liz specializes in tailored insurance solutions for high-net-worth clients. Her expertise spans homeowners, auto, watercraft, excess liability, builder’s risk, and more. She excels in managing complex portfolios, ensuring comprehensive coverage, and mitigating risk. A native of Ithaca, NY, Liz holds a degree in business-focused Liberal Arts from Tompkins Cortland College and carries CIC and CPRM designations. Beyond work, Liz enjoys photography, swimming, hiking, and live music. She is actively engaged in her community, volunteering with organizations like the Memphis-area Mission, Habitat for Humanity, Youth Villages, and Dorothy Day House.