The deal combines GIG’s digital surety platforms with CopperPoint’s broker network to accelerate growth in commercial and contract bonds.
US insurer CopperPoint Insurance Company has agreed to acquire General Indemnity Group (GIG), a specialist in commercial and contract surety solutions. Financial details of the transaction remain undisclosed.
GIG, founded in 2015, operates nationwide through subsidiaries including United Casualty & Surety Insurance Company and the BOSS Bonds platform. The company processes tens of thousands of bonds annually for construction, commercial, and public sector projects.
The acquisition aims to integrate GIG’s technology-driven surety operations with CopperPoint’s distribution channels. GIG will continue operating from Boston as a regional hub under CopperPoint’s national network.