First MainStreet Adds 4 Partner Agencies
First MainStreet Insurance L.C. has announced addition of four new partner agencies.
Borchardt Agency joined the platform on January 1st. Justin Borchardt, a third-generation insurance owner, has partnered with FMSI and TrueNorth to further fuel the impressive growth of his agency. Unique to this partnership, Justin will be joining Lane Danielsen and TrueNorth’s Agriculture Practice, setting the stage for even greater opportunities. Since expanding into Minnesota in September 2023, FMSI has already surpassed 8 figures in revenue and continues to build a strong pipeline of opportunities.
Burbank Insurance, located in Fort Dodge, Iowa, also joined the platform on January 1st. This strategic partnership will continue to forge FMSI’s way in Northwest, Iowa. Joining in ownership is Lora Novencido, another third-generation insurance agent.
The third merger is Butz Insurance Agency, serving the Walford, Iowa community since 2012, was founded by Brian Butz, whose extensive experience in the industry includes working at Erusha Insurance (now Butz Insurance) since 2002. Joining as a new partner with this agency is Brian’s son, Tyler Butz. Tyler joins the growing group of multi-generational owners at FMSI, continuing a legacy of success.
The fourth new agency joining FMSI in January is Reliabank Insurance, a bank-owned agency with four locations across South Dakota. Formerly owned by the Johnson Family, FMSI is committed to continuing the strong legacy they built for both their employees and communities. Headquartered in Watertown, Reliabank Insurance will play a key role in driving further growth for FMSI in eastern South Dakota.
With the announcement of these agencies, FMSI has eclipsed 75 agency locations