BNG Team acquires OnPoint Insurance
West Fargo, ND-based BNG Team announced the acquisition of OnPoint Insurance Services , a multi-line broker established in 2015.
Established in 2007, BNG Team provides merchant service solutions for businesses. These services include credit card processing, point-of-sale systems, website and marketing services, and a SaaS payment solution.
“We are beyond excited to partner with BNG. Our two companies complement each other perfectly in ethics, culture, and vision. Bringing our expertise as an insurance agency to all of BNG’s future and current customers is a great opportunity to help businesses not only to save money, but to better protect their assets, employees, and ownership interests.” – CEO of OnPoint Insurance Jim Gross.
The leadership at BNG said the acquisition of OnPoint was a strategic move to expand the type of services their company currently offers customers. OnPoint is structured as an insurance broker for hundreds of carriers, allowing them to shop around for the right insurance for the best price available. With the high costs, small businesses pay for insurance, many of BNG’s customers are excited at the potential to save thousands of dollars every year on their insurance costs.
“As a former small business, we understand how important it is to protect yourself from a whole host of issues, like liability, property, automobile, and more, the expenses never end. That’s why we wanted to acquire an established insurance company, who are experts in the industry and can fight for the best rates.” – Brady Nash, CEO of BNG Team.