On Sept. 12, insurance veteran and seasoned leader Mike Jacobs joined North Risk Partners as the firm’s Twin Cities division president. Jacobs comes to North Risk with over 35 years of property and casualty insurance experience and has held multiple leadership roles in large operations, including Oswald Companies, Ahmann-Martin, Associated Benefits and Risk Consulting, and most recently USI Insurance Services as the property and casualty practice leader for Minnesota.
Jacobs will work closely with North Risk’s current Twin Cities division president, Stan Hamann, who is also a long-serving leader in the industry and oversaw the division’s growth to $30 million in revenue.
Hamann most recently served as division president and senior vice president of the firm’s employee benefits practice across its five-state footprint. In transitioning his division president duties to Jacobs, Hamann’s focus will shift to his role leading North Risk’s $25 million employee benefits practice.
Jacobs will be at the helm of North Risk’s largest division which accounts for one-third of the company’s $90 million in overall annual revenue. He will be responsible for leading revenue growth and ensuring a strong culture for the division’s more than 100 employees.
“Our executive team took great care in vetting a successor for Stan Hamann as division president,” says North Risk Partners President & CEO Chris Meidt. “You don’t replace a Stan Hamann; you move forward instead with another great leader who will bring their own unique skill set. Stan is beloved across our organization and will continue to play a significant role as we push towards $100 million in revenue.”
“We are excited about the leadership and expertise Mike brings to our organization, and confident in his abilities to continue building one of the largest business insurance agency operations in the Twin Cities.”
In addition to his division president role, Jacobs will join North Risk’s leadership team and specifically focus on large commercial property and casualty strategy.
“North Risk is a major player in the industry and known for its strong, values-driven culture,” says Jacobs. “I am excited to be joining the team and for the opportunity to contribute to the firm’s continued growth.”
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. Our firm has over 400 employees and 30 locations across our five-state footprint.