SACRAMENTO--(BUSINESS WIRE)--Inszone Insurance Services: a rapidly growing, national provider of benefits, personal and commercial lines insurance, announced today the acquisition of Vaught, Wright & Bond Insurance.
Vaught, Wright & Bond Insurance was originally founded in 1933 by Mance Vaught. Formed and located in Placerville, CA, they offered bonds in addition to personal and business insurance. Over the years, Mance Vaught was joined by Donald Wright, Paul Bond, and Bill Crow and was later incorporated in 1972, keeping their name as Vaught, Wright & Bond, Inc.
In 1982, Leonard Stroud joined the team as a producer and added life and health insurance to the agency’s offerings. In October 1990, he acquired all of the corporate stock and was appointed as the sole Director. Bruce Dezzani started as a Commercial Lines and Personal Lines Producer in September 2000 after spending over a decade in business management. He then rose to the position of General Manager and bought 50% of the company's shares in 2005. In August 2015, he became the only stakeholder.
Over the past two decades, the company has rapidly expanded outside of El Dorado County while remaining a generalist and writing mostly local risks. The agency continues to be deeply committed to the local community and its concerns despite the geographic expansion.
As part of the acquisition, Inszone Insurance will retain Vaught, Wright & Bond Insurance employees, as well as the current location in Placerville, CA.
“Vaught, Wright & Bond Insurance provided more than just insurance, they offered a committed resource with the customer's best interests in mind,” said Chris Walters, CEO of Inszone Insurance Services. “The team at Vaught, Wright & Bond Insurance has done a great job in establishing connections and expanding locally, and we are looking to continue their exemplary work under the Inszone Insurance brand.”
About Inszone: Founded in 2002 and headquartered in Sacramento, California, Inszone is a full-service insurance brokerage firm which provides a broad array of property & casualty insurance, along with employee benefits solutions. With a strong, experienced management team, Inszone continues to grow organically, as well as through acquisitions. With 36 locations across California, Arizona, Nevada, Utah, Colorado, Missouri, Texas and Illinois, the company is looking to further expand throughout the United States.
For more information about Inszone, please visit www.inszoneinsurance.com.