Patriot Growth Insurance Services acquires Momentum Ag
Patriot Growth Insurance Services has acquired Momentum Ag, formerly a division of Farmers Business Network.
Momentum Ag, formerly FBN Insurance, is focused on the agriculture industry with crop, livestock, and health insurance product offerings. The agency has more than 50 employees and is licensed in 50 states.
“We are thrilled to join the Patriot family. With the launch of Momentum Ag, we are creating a unique agriculture insurance agency rooted in white-glove service, while delivering a technology-enabled experience for our customers. Our collective team has over 500 years of experience in the industry, and we have strong relationships with our AIP and carrier partners to continue growing and supporting our clients across the country. Joining Patriot will expedite our growth goals and offer our customers more products and services than ever.” – Lucas Strom, president and founding partner of Momentum Ag.
“I’m excited to extend a warm welcome to the Momentum Ag team. Momentum Ag’s integration into our rapidly expanding agriculture niche enhances our capacity to deliver superior solutions to our farm clients throughout the United States. Lucas and his team have built an extraordinary agency, and Patriot is eager to support them as they continue on their growth journey.” – Matt Gardner, chairman and CEO of Patriot.