FORT WASHINGTON, PA — Patriot Growth Insurance Services, LLC has announced a strategic partnership with Momentum Ag, formerly a division of Farmers Business Network (FBN). This partnership signifies Patriot’s move to extend its reach into the specialized agriculture insurance sector, a development that industry insiders are closely watching.
Momentum Ag, previously known as FBN Insurance LLC, has carved out a niche for itself in the agriculture industry, providing crop, livestock, and health insurance product offerings. With a team of more than 50 employees, the agency works closely with farmers and ranchers across all 50 states, offering optimized coverage options tailored to their operations.
Lucas Strom, President and Founding Partner of Momentum Ag, expressed enthusiasm about joining 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,” he said.
The Momentum Ag team brings over 500 years of collective experience in the industry to the table, along with strong relationships with their Approved Insurance Providers (AIP) and carrier partners. “Joining Patriot will expedite our growth goals and offer our customers more products and services than ever,” added Strom.
Matt Gardner, Chairman and CEO of Patriot, echoed Strom’s sentiments, welcoming the Momentum Ag team into the fold. “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,” he said.
Patriot’s partnership with Momentum Ag not only highlights the company’s strategic expansion plans but is also a reflection of the evolving landscape of the insurance services industry. As demand for specialized insurance products continues to grow, partnerships like this one underscore the potential rewards that await those who are willing to venture into niche markets.
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