Evergreen acquires web-based surety bond specialist

Nevada-based Pro Surety is a market leader for surety and performance bond services

Evergreen acquires web-based surety bond specialist

Insurance News

By Ryan Smith

Evergreen Insurance & Risk Management has announced its acquisition of Nevada-based Pro Surety Bond.

Founded in 2013 by Micah and Maria Bleecher, Pro Surety provides web-based insurance solutions and surety bond services throughout the United States. Micah Bleecher has designed and developed online businesses since 1985, beginning with early “bulletin boards” and moving on to the internet in the early 1990s. Pro Surety is the latest in a series of online businesses he has founded over the last 15 years and sold to larger companies.

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“We are excited to work alongside Micah and the team at Pro Surety Bond as we continue to deliver on our promise to customers to provide the best available service and insurance market coverage insights at a time when change and disruption are accelerating,” said Evergreen
Insurance CEO Izzy Green. “This acquisition further represents Evergreen’s commitment and positioning to utilize technology to capture growth in the ever-evolving insurance landscape. Micah Bleecher and Pro Surety Bond have created a comprehensive and flexible technology platform which is a market-leading solution for all surety and performance bond services. Micah’s innovative tools and design will maximize Evergreen’s efficiencies and profitably navigate surety risk”

“We are thrilled to be joining forces with Evergreen and believe they have the perfect team in place to take what we have built to the next level and beyond,” Micah Bleecher said.

Financial terms of the transaction were not disclosed.




 

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