Founded in 2015, we embarked on a journey to redefine the landscape of the surety insurance sector. In just our first year, we set our sights on expansion, acquiring The Warnock Agency in April 2016, immediately followed by the acquisition of United Casualty & Surety Insurance Company (UCS) in December of the same year. Despite initially being licensed in only nine states, UC&S rapidly expanded its reach under our management, obtaining licenses in 44 states by the end of 2017, 49 states in 2018, and full nationwide coverage by 2019.
In a strategic move to bolster our capabilities, we acquired Surety Support Services in July 2017 and South Coast Surety Insurance Services in October 2017. By November 2017, Freestate Bonds was added to our growing portfolio. This momentum continued into the following years, culminating in the acquisition of American Contracting Services in April 2021, further solidifying our position as a key player in the surety industry.
Following these acquisitions, we remained steadfast in our commitment to innovation, particularly within the Insurtech sector. Despite the challenges posed by the unprecedented events of 2020, including the transition to remote work for the safety of our employees, we persevered in advancing technological solutions to enhance customer experiences. Building upon our acquisitions, we directed our focus toward the development of the
SuretyBonds.Market portal, a cutting-edge platform meticulously crafted by industry experts to streamline bonding processes for insurance agents nationwide. This initiative underscores our unwavering commitment to driving innovation and delivering exceptional value to our clients in an ever-evolving digital landscape.