EPIC Insurance Expands with The Bond Exchange Acquisition

EPIC Insurance Brokers & Consultants has strategically expanded its operations by acquiring The Bond Exchange, a leading surety bond firm headquartered in Mission Viejo, California. Although the financial terms remain confidential, this acquisition reflects EPIC's commitment to broadening its market reach within the insurance industry.

Established in 1999, The Bond Exchange provides specialized brokerage services across numerous sectors, including construction, mining, real estate, renewable energy, technology, and private equity. The firm, staffed by approximately twelve producers, will continue to operate under its current leadership team, which includes CEO Yung Mullick, President James W. Moilanen, and Executive Vice President Austin Neff. They will report to Bobbi Jo DeNofa-Broad, president of EPIC's southwest territory, ensuring seamless integration and regulatory compliance.

This acquisition not only strengthens EPIC's portfolio but also enhances its capabilities in surety bond solutions through the incorporation of the Bond 911 platform, a division specializing in smaller bonds. This development is likely to impact the insurance sector by enhancing EPIC's service offerings and aligning with industry trends towards the digitalization and diversification of risk management and underwriting solutions.