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CopperPoint Completes Acquisition of General Indemnity Group, Expanding Nationwide Surety and Specialty Insurance Capabilities

BOC
  • CopperPoint Insurance Company completed its acquisition of General Indemnity Group (GIG) from Boston Omaha Corporation on October 26, 2026.
  • The transaction creates an expanded specialty insurance & surety platform with nationwide reach & best-in-class digital tools for agents, brokers, & customers.
  • GIG's subsidiaries, including United Casualty & Surety Insurance Company, BOSS Bonds, & the proprietary SuretyBonds.Market platform, are now integrated into CopperPoint.
  • The deal strengthens CopperPoint's construction risk solutions & adds commercial & contract surety expertise to its existing workers' compensation & commercial insurance offerings.
  • Combined capabilities provide expanded underwriting capacity, broader product options, & enhanced digital service experiences for distribution partners.
  • Kellen Booher, President & CEO of CopperPoint, highlighted the addition of experienced surety professionals & pledged additional capital to strengthen surety offerings.
  • Dave Herman, President of GIG, stated the combination accelerates growth while maintaining high service standards for teams in all 50 states & Washington, D.C.
  • GIG's Boston office will remain the headquarters for surety operations & serve as a key hub within CopperPoint's national footprint.
  • CopperPoint holds $5.27 billion in total assets, an enterprise surplus over $1.97 billion, & maintains an A (Excellent) rating from AM Best.
  • Troutman Pepper Locke & PwC served as legal counsel & financial advisor to CopperPoint, while Gennari Aronson & Propel Advisory Group advised GIG & Boston Omaha Corporation.