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Mergers and Acquisitions

Evergreen Insurance acquires Las Vegas firm Pro Surety Bond

New York-based Evergreen Insurance & Risk Management has acquired the assets of Pro Surety Bond, Inc. of Las Vegas, NV.

Founded in 2013 by Micah and Maria Bleecher, Pro Surety Bond, Inc. delivers niche, web-based insurance solutions with a focus on performance and surety bond services throughout the United States.

Its proprietary design and architecture provides an array of placement solutions and specialty programs with a network of surety companies and underwriters.

This allows Pro Surety Bond to provide expedited turn-around time, accurate bonding and world class service, while reducing costs and improving client service.

“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 Izzy Green, chief executive officer, Evergreen Insurance.

“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.”

Micah Bleecher has a talent for creative start-ups and Pro Surety Bond is the latest in a series of web-based business he has founded over the last 15 years and sold to larger companies.

He has designed and developed online businesses, e-commerce and e-mail solutions since 1985, beginning with bulletin boards and eventually moving to the Internet.

“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,” said Bleecher.

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