Articles from General Indemnity Group

General Indemnity Group (GIG), an insurance holding company specializing in commercial and contract surety solutions in all 50 states, today announced the signing of a definitive agreement for its acquisition by CopperPoint Insurance Company (CopperPoint), a leading specialty provider of workers’ compensation and commercial insurance solutions. The transaction includes GIG’s subsidiaries, including the insurer United Casualty & Surety Insurance Company (UCS), surety placement platform BOSS Bonds, and the technology platform SuretyBonds.Market.

General Indemnity Group (GIG) is a leading holding company in the surety insurance sector that encompasses United Casualty & Surety Insurance Company (UCS) and BOSS Bonds Insurance Agency. GIG is excited to announce its strongest financial performance to date for FY 2024. The company achieved total annual revenue of $23.9 million, a 35% increase from $17.7 million in 2023. Net income reached $2.72 million, a 32% increase from $2.06 million in 2023, marking another year of robust growth and strategic development.

BOSS Bonds Insurance Agency, a subsidiary of General Indemnity Group (GIG), announced today it has struck a partnership with Associated Insurance Services of Boise, ID to deploy BOSS Bonds’ industry leading SuretyBonds.Market (SBM) platform.

General Indemnity Group (GIG), a holding company that focuses on the surety insurance sector, announced the rebranding of its recently merged South Coast Surety Insurance Agency to BOSS Bonds Insurance Agency. The re-branding represents the consolidation of the surety agencies that GIG had acquired since 2017, resulting in an agency that offers full-service surety products and solutions to insurance agents and individuals nationwide.