Bowen, Miclette & Britt bolsters surety bond market leadership with acquisition of M Surety Services

Bowen, Miclette & Britt Insurance Agency, LLC, a leading insurance brokerage and recognized as one of the top 100 insurance agencies in the United States, has completed the acquisition of M Surety Services, a key player in the contract surety bond domain. This strategic acquisition fortifies Bowen, Miclette & Britt’s position in the surety bond market, building upon a series of well-considered growth initiatives within this sector. Through this acquisition, Bowen, Miclette & Britt strengthens its commitment to delivering client-centric, comprehensive insurance and bonding solutions.

Expansion of Bowen, Miclette & Britt’s Surety Bond Market Presence

M Surety Services, founded in 2018, has garnered a formidable reputation for providing reliable and efficient bonding solutions tailored specifically to contractors. The company’s approach prioritizes assisting clients in securing optimal bond capacity at competitive rates, thereby enabling them to focus on their core competencies and project execution. With this acquisition, M Surety Services will continue its operations in The Woodlands, Texas, becoming an integral regional branch within Bowen, Miclette & Britt’s expanding footprint.

Strategic Integration for Enhanced Mutual Growth

Justin McQuain, President of M Surety Services, indicated that the decision to merge with Bowen, Miclette & Britt was driven by a congruence of core values and the latter’s well-established reputation in the industry. McQuain elaborated that the integration into Bowen, Miclette & Britt will facilitate the transformation of M Surety Services from a specialized bond agency into a full-service insurance provider, offering a broader spectrum of products and risk management services to clients. He conveyed his optimism regarding the enhanced opportunities and additional resources that this strategic partnership will extend to their client base.

Delivering Augmented Resources and Expertise to Clients

The acquisition of M Surety Services by Bowen, Miclette & Britt is designed to deliver clients increased access to expansive resources, deep industry expertise, and an enriched array of insurance offerings. By combining the capabilities of both organizations, the partnership ensures that clients receive customized, localized services alongside a comprehensive suite of risk management solutions. Paul Cerone, Chief Operating Officer of Bowen, Miclette & Britt, emphasized that this acquisition represents a pivotal step in expanding their presence in the surety and construction sectors. He highlighted that M Surety’s team of seasoned professionals, along with their client-centric approach, aligns seamlessly with Bowen, Miclette & Britt’s mission to deliver best-in-class insurance and bonding solutions.

Bowen, Miclette & Britt Insurance Agency, LLC, with over four decades of experience in the insurance and risk management industry, has remained a trusted partner by offering a full spectrum of services, including commercial insurance, personal insurance, surety bonds, employee benefits, and more. This acquisition exemplifies Bowen, Miclette & Britt’s enduring commitment to providing comprehensive, client-focused solutions, further solidifying its standing as one of the top 100 insurance agencies in the United States. By continuously enhancing its service portfolio and investing in strategic growth opportunities, Bowen, Miclette & Britt aims to empower clients to navigate complex challenges and achieve sustained long-term success.