Nielson, Hoover & Company Proudly Announces Smith Insurance & Bonds Merger – Benzinga


Nielson, Hoover & Company, Inc. (NHC), America’s number one provider of surety bonds, is proud to announce that Smith Insurance & Bonds has merged with NHC and joined forces with Acrisure, LLC as an Agency Partner.

MIAMI, April 5, 2022 /PRNewswire-PRWeb/ — Nielson, Hoover & Company, Inc. (NHC), America’s number one provider of surety bonds, is proud to announce that Smith Insurance & Bonds has merged with NHC and joined forces with Acrisure, LLC as an Agency Partner. According to the August 2021 edition of “Insurance Business Journal,” Acrisure is the second largest insurance broker in the U.S. with an estimated annual revenue of $3.2 billion.

Smith Insurance & Bonds will be collaborating and working side by side with Nielson, Hoover & Company (an Acrisure Agency Partner). NHC is the largest writer of surety bonds in Florida and top 10 in the U.S.

Matt Smith, President of Smith Insurance & Bonds, has more than 20 years of commercial construction insurance and surety bond industry experience. Matt and his team have built a strong reputation and proven track record of providing contractors with strategic risk management and surety solutions. “It’s great when you have a team of like-minded thinkers that join together to become an even stronger force in the industry,” said Smith. “I’m excited about our future and growth opportunity as a result of this partnership.”

Smith Insurance & Bonds footprint has grown to cover the entire state of Florida and continues to be a leader in the construction focused surety and insurance industry. “Their merger with NHC will add a new level of strength and market availability to deliver more products to their current and future client needs,” said David Hoover, Executive Vice President, Chief Operating Officer, of Nielson Hoover Group.

About Nielson, Hoover & Company, Inc.

Nielson, Hoover & Company (NHC), part of the Nielson Hoover Group of companies, and an Acrisure Agency Partner, is America’s number one provider of surety bonds. They bond more projects than any other agency. Throughout the years, NHC has developed a deep understanding of the surety industry. This knowledge allows them to provide superior services and a comprehensive solutions way to maximize your bonding capacity with the best terms and conditions. They have the capacity and experience it takes to support the largest national contractors and the hometown knowledge and personal service to ensure mid and small size contractors receive the same attention and expertise. NHC does business with over fifty sureties which ensures you will be matched with the surety that is best for your need. As your needs change, they have the market that will best match your changing needs. Whether you are out growing your existing relationship, or have gone through some difficult times, they can help you.

Nielson, Hoover & Company is the largest independent surety agency in the Southeast with offices in Miami, Palm Beach, Orlando, Tampa, Pensacola, Atlanta, Savannah, and Asheville. They have an extensive network of more than 20 experienced surety bond specialists. Their producers average over 20 years each in the industry with their customer service representatives averaging nearly 15 years.

To learn more about how Nielson, Hoover & Company can help you obtain the best rates and most favorable terms and conditions, please visit http://www.nielsonbonds.com or call 305.722.2663.

About Smith Insurance & Bonds

Located in Fort Myers, Florida, Smith Insurance & Bonds has been supporting the construction industry for nearly a decade. They are commercial insurance specialists with an extensive knowledge of general liability, commercial auto, equipment, contractors, builders’ risk, and workers compensation insurance. They understand the bidding process, contracts, and the effect they have on the bottom line. Smith Insurance & Bonds has a wide variety of insurance carriers to meet client’s needs. They pride themselves on delivering a mutually rewarding surety and insurance experience to their clients in a professional, optimistic, and ethical manner.

Media Contact

Debbie Eble, Emblem Advertising, 1 9542424942, deble@emblemadv.com

SOURCE Nielson, Hoover & Company



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