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.
The $3 Trillion AI Data Center Build-Out Becomes All-Consuming for Debt Markets 
Insurify Starts App With ChatGPT to Allow Consumers to Shop for Insurance 
Q4 Global Commercial Insurance Rates Drop 4%, in 6th Quarterly Decline: Marsh 
Maine Plane Crash Victims Worked for Luxury Travel Startup Led by Texas Lawyer 
