NFP has acquired Sacramento, Calif.-based Excel Bonds & Insurance Services Inc.
The deal closed May 1.
Cathy Skeen and Dave Garese, former founders and principals, will join NFP as senior vice presidents, reporting to John Hyland, senior vice president and the head of the Surety division.
Excel Bonds & Insurance is a commercial insurance and surety bond broker based.
NFP is an insurance broker and consultant providing customized property/casualty, surety solutions, corporate benefits, retirement, and individual solutions through its licensed subsidiaries and affiliates.
Topics Mergers & Acquisitions California
Was this article valuable?
Here are more articles you may enjoy.
AM Best Upgrades Credit Ratings of Missouri’s Columbia 
Need Wind Mitigation? New Florida Insurer Wants to Help With That 
‘Ghost Broker’ Who Procured 1,120 Policies Through Fraud Arrested 
UK Payments Firm Moved Billions for Risky Clients Before FCA Seizure 
