Key Takeaways:
- Patriot Growth Insurance Services, LLC has formed a partnership with Momentum Ag.
- Momentum Ag specializes in agricultural insurance, including crop, livestock, and health insurance.
- The company, with a workforce of over 50, holds licenses across all 50 states.
- The partnership aims to combine experienced service with technology-enhanced customer interactions in agricultural insurance.
- The integration into Patriot expands its reach in providing agricultural insurance solutions across the United States.
Patriot Growth Insurance Services Partners with Momentum Ag to Expand Agricultural Insurance Offerings
Patriot Growth Insurance Services, LLC (Patriot), an insurance service firm, has announced a new partnership with Momentum Ag. This collaboration marks a significant move for Patriot into the agricultural insurance sector.
Overview of Momentum Ag
Momentum Ag, previously a Farmers Business Network (FBN) division known as FBN Insurance LLC, focuses on providing insurance services tailored to the agricultural industry. Their product line includes crop, livestock, and health insurance. With a team of over 50 employees, Momentum Ag’s operational reach extends across all 50 states, showcasing its comprehensive coverage and expertise in the field.
Partnership Goals and Expectations
The partnership is set to leverage Momentum Ag’s specialized knowledge in agricultural insurance and Patriot’s established presence in the insurance market. Lucas Strom, President and Founding Partner of Momentum Ag, highlights the goal of creating a distinctive agricultural insurance agency that merges traditional service excellence with modern, technology-based customer experiences. The collaboration is expected to accelerate growth and broaden the range of products and services available to their clientele.
Patriot’s Expansion into Agricultural Insurance
Matt Gardner, Chairman and CEO of Patriot, has expressed his support for this partnership, noting the strategic value of integrating Momentum Ag into Patriot’s portfolio. This move is anticipated to enhance Patriot’s ability to deliver comprehensive solutions to agricultural clients throughout the United States, capitalizing on the extensive experience and established relationships within the agricultural sector that Momentum Ag brings.
