Patriot purchases a brokerage for agricultural insurance.
Patriot Mobile :1 Brokerage For Agricultural Insurance Now
Patriot Growth Insurance Services LLC announced on Thursday that it has expanded its agriculture insurance business by purchasing Farmers Business Network’s FBN Insurance LLC.
Terms weren’t made clear.
Patriot, renamed FBN, is based in Fort Washington, Pennsylvania and employs over fifty people at Momentum Ag. The organization provides health, livestock, and crop insurance.
According to Business Insurance’s most recent ranking, Patriot, which was founded in 2019 and has expanded quickly through acquisitions, is currently the 26th largest brokerage for U.S. businesses.
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