Effective June 1, Middaugh Benefits Consulting joined North Risk Partners, one of the largest independent insurance broker and risk advisory firms in the Midwest.
Middaugh’s office of six employee benefits and individual health insurance professionals located in downtown Fargo, N.D., is now one of North Risk Partners’ 25 locations. Acquiring Middaugh Benefits expands the firm’s footprint to a four-state region, including Minnesota, Iowa, Nebraska, and now North Dakota.
Joining North Risk Partners grows Middaugh’s capabilities to now include property and casualty insurance solutions for businesses and individuals, and adds services for its clients in the areas of human resources, health and safety, and more.
“We are excited to join an organization that not only helps us expand the services we can offer our clients, but also one that aligns with our values of creating deep trusting relationships and serving our community,” says Dave Middaugh, who founded Middaugh Benefits 38 years ago and has led the agency alongside his son Jason Middaugh for the past 21 years.
Operationally, Middaugh will function as part of North Risk Partners’ Thune Division, which includes locations in Bemidji, Thief River Falls, and Roseau, Minn. The division’s core office in Thief River Falls was known for many years as Thune Insurance Network. Thief River Falls native Mark Thune is the division’s president, and also serves as a member of North Risk’s ownership group and executive leadership team. His father, Norrie Thune, co-founded Thune Insurance Network in 1970.
“Middaugh Benefits is highly regarded by their clients because of their ability to navigate the ever-changing world of group health and benefits, including complex self-funded plans for associations and partially funded programs for small businesses,” says Thune. “Their reputation speaks for itself, and we are thrilled to partner with them and continue to grow together.”
Because of their expertise in the space, the Middaugh team will lead association plan management for North Risk’s northern offices.
North Risk Partners specializes in strategic insurance solutions for people and business. Our team helps clients Face Risk Head On with right-fit insurance coverage and loss prevention resources. For businesses, we offer commercial insurance, surety bonds, employee benefits, as well as programming and compliance support in the areas of human resources, health and safety, and more. We are one of the largest, privately owned, independent insurance broker and risk advisory firms in the Midwest with over 300 employees and over 25 locations across four states: Minnesota, Iowa, Nebraska and North Dakota. Visit us online at northriskpartners.com, LinkedIn, Facebook, and Twitter.