The Springtree Group (STG) is pleased to announce the merger of Reno-based Excess Loss Insurance Services (EXL) by its client, Gatekeepers LLC. The transaction closed on June 14th, 2013 and was led by CW Conner, Principal of Gatekeepers Insurance; Chuck Bertolina, CEO of EXL; and STG CEO Sam Patterson.

“The merger of these insurance firms helps reinforce a sustainable and marked advantage for our highly specialized insurance operations. The addition of EXL’s services and client base to our national platform of Health Insurance and Private Insurance Exchange platforms is a natural and complementary fit that supports our significant growth efforts in this arena,” said Conner. “EXL’s clients will benefit from emphasizing top of scale customer service, programs, claims experience, integrated client relations, broader expertise as well as the addition of seasoned staff and more comprehensive resources.”

“We are very excited to join forces with Gatekeepers LLC. Combining these two highly capable teams enables the collective organization to increase our service offerings for our existing clients as well as enhance the ability of the combined company to acquire new clients and obtain the best talent in the industry,” said Chuck Bertolina, CEO of EXL. “We are very optimistic about the future for both our clients and the opportunities that exist for our employees.”

About Gatekeepers LLC
Gatekeepers LLC owns three primary business: Tapit Employment Access, DPX Insurance Exchange, and Domestic and International Risk Management Services. Gatekeepers’ insurance and risk management professionals provide a broad scope of international insurance services to a distinguished client list around the globe. The combined company is headquartered in Reno, Nevada with offices located in Denver, Colorado and Raleigh, North Carolina and Washington D.C.

About Excess Loss Insurance Services
Located in Reno, Nevada, with additional offices in Raleigh, North Carolina, Excess Loss Insurance Services (EXL) is a diversified wholesale stop loss brokerage services company, providing alternative funding techniques & marketing, traditional fully-insured structures, benefit design, coordination between plan vendors, claims audit services and client advocacy to more than 100,000 insured’s across the United States. The clientele ranges from Fortune 500 companies to employers with fewer than 50 employees.

About Springtree Group
Springtree Group, founded in 1988, provides Mergers & Acquisition advisory and lending / financial support services to the Agent and Brokerage community. STG is the largest North American company of its type, bringing a highly specialized portfolio mix of loan platforms and M&A consulting services specifically built and managed for this highly fragmented market space.

Springtree Group is headquartered in Dallas, TX, and provides services to the insurance space in every region in the USA and Canada. For more information, call 972-395-8811.