Minnesota’s North Risk Partners has merged with Bearence Management Group, another independent insurance brokerage firm with over 80 employees spread across three Midwest locations – Mendota Heights, Minn., Des Moines, Iowa, and Omaha, Neb – and a mix of product and service offerings similar to North Risk’s.
This new partnership grows the merged group to over $50 million in revenue, 265 employees, and 21 locations across three states.
North Risk Partners CEO Chris Meidt remains CEO of the merged company and Bearence’s managing partners, Dan Seemuth and Stan Hamann, have joined North Risk’s executive leadership team.
Seemuth and Hamann have maintained their equity in the company and have also taken on division president roles for their respective offices; Seemuth is…
