Christensen Group Insurance

What Christensen Group Insurance does

Christensen Group Insurance is a 100% employee-owned independent insurance brokerage and benefits broker founded in 1952 and headquartered in Eden Prairie, Minnesota. The firm serves approximately 13,500 active clients across four primary service lines: Business Insurance (commercial coverage with industry specializations including construction, agribusiness, hospitality, manufacturing, non-profits, and trucking), Personal Insurance (home, auto, life, and Medicare supplemental coverage), Employee Benefits (benefits strategy, captives, data and claims analytics), and Retirement Plans (401(k), 403(b), ERISA fiduciary consulting via wholly owned subsidiary Christensen Group Financial, LLC). As an independent brokerage, Christensen Group represents multiple carriers (Hartford, Hanover, Chubb, AIG, Sentry, HealthPartners, Medica, Acuity, Secura, and others) and earns commissions on policies placed plus fees on benefits and retirement advisory work.

The firm employs 270+ team members distributed across eleven offices in Minnesota (Eden Prairie, Waite Park, Monticello, New Ulm, Duluth, Alexandria, Bemidji), Illinois (Hoffman Estates/Chicago), Kansas (Overland Park), and Texas (Austin, San Antonio). Technology is described as industry-standard agency management systems and carrier platforms rather than proprietary builds; there is no developer API, no mobile app, and no disclosed AI/ML capability. Distribution is relationship-led, delivered through licensed insurance agents via in-person consultations, phone, and email, supported by an online agent finder tool. Marketing relies on referrals, community involvement (chambers of commerce, local non-profits), website content, and email newsletter rather than paid acquisition.

Christensen Group generates revenue primarily through carrier commissions on commercial and personal lines, supplemented by fees from employee benefits consulting, data and claims analytics, captive program design, and retirement plan advisory (ERISA 3(21)/3(38) fiduciary services). Pricing is quote-based and varies by risk profile; policy terms are typically annual with recurring renewal commissions. The firm was recognized as one of the Top 100 Largest Independent Insurance Brokerages in the U.S. and reports a 94% client retention rate and 4.8/5 average client satisfaction. Recent strategic activity includes the June 2025 acquisition of Foster White (a 50+ year Minnesota agency), geographic expansion into Texas and Kansas, and the build-out of an Alternative Risk Practice covering stop-loss, pharmacy benefit management, and group captive markets.

Name

Christensen Group Insurance

Legal name

Christensen Group Insurance

Website

https://christensengroup.com

Company type

Private

Founded year

1952

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (524210), Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Individual Health Insurance Brokerage & Distribution (FSAIAEAL)

akta.pro secondary industries

Small Group Health Insurance (2–50/100) (FSAIAFAD), Embedded Insurance & Affinity Distribution Platforms (FSAGAGAL)

Keywords

• Independent insurance brokerage
• Commercial insurance solutions
• Employee benefits consulting
• Retirement plan services
• Personal insurance coverage

Headquarters

HQ city

Eden Prairie

HQ country

United States

HQ region

North America

Offices11 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Insurance Commissions: Christensen Group operates as an independent insurance agency/brokerage, earning commissions from insurance carriers for policies placed on behalf of clients. Commissions are typically a percentage of premium paid by clients. Revenue is recurring in nature as insurance policies require annual renewal.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Christensen Group Insurance is an independent insurance brokerage offering customized commercial insurance, personal insurance, employee benefits consulting, and retirement plan advisory services. As an independent agent, the firm represents multiple carriers (Hartford, Hanover, Chubb, AIG, Sentry, and others) to provide tailored coverage solutions to approximately 13,500 clients across the Midwest, Illinois, Kansas, and Texas through its 270+ team members and multiple physical office locations.

Product overview

Christensen Group Insurance operates as an independent insurance brokerage firm offering a comprehensive portfolio of insurance and financial services organized around four core product lines: Business Insurance (commercial coverage with industry-specific specializations), Personal Insurance (home, auto, and property coverage), Employee Benefits (benefits strategy, captives, and HR resources), and Retirement Plans (corporate retirement solutions including 401(k) and deferred compensation). The company provides specialized insurance products including Surety Bonding, Product Liability, Business Succession, and Mergers & Acquisitions advisory. As an independent broker, they work with multiple carrier partners (Hartford, Hanover, Chubb, AIG, and others) to offer customized coverage solutions. Their corporate retirement platform offers ERISA fiduciary services and access to dozens of recordkeepers for plan design and administration.

Differentiator

Problem solved

Functional benefit

Products and services

• Business Insurance Comprehensive business insurance solutions providing commercial coverage for assets, operations, and liability risks. Includes specialized insurance for agribusiness, construction, trucking, manufacturing, hospitality, healthcare, non-profits, and startups, delivered through independent brokerage relationships with multiple carriers.
• Personal Insurance Personal coverage protecting homes, vehicles, and families with customized policies including auto, homeowners, life insurance, Medicare, valuable collections, and recreational vehicles.
• Employee Benefits Data-driven employee benefits consulting services covering benefits strategy and design, captives, data and claims analytics, HR resources, life insurance, and Medicare options to help employers attract, retain, and support talent.
• Corporate Retirement Solutions Corporate retirement planning services including 401(k), 403(b), profit-sharing, non-qualified plans, deferred compensation, fringe benefits, and defined benefit plans with ERISA 3(21) or 3(38) fiduciary consulting through Christensen Group Financial LLC.
• Surety Bonding Surety bonding services providing contract bonds, commercial bonds, and fidelity bonds for construction and commercial clients.
• Product Liability Insurance coverage for product liability risks, protecting businesses from claims related to product defects, manufacturing errors, and associated legal costs.
• Business Succession Business succession planning services to help business owners transition ownership, protect assets, and ensure continuity.
• Mergers & Acquisitions Advisory Advisory services for mergers and acquisitions including due diligence, deal structure, and integration planning for business transactions.
• Captives Captive insurance program design and management to help organizations self-fund their insurance exposures.
• Data & Claims Analytics Data analytics and claims analysis services to help employers understand claims trends, manage costs, and optimize their benefit programs.

Quantifiable outcome

• 94% client retention rate demonstrating long-term customer relationships
• +2 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

15 partnerships are on record, tiered core, major and minor.

• HartfordcoreChannel Partner/ Reseller/ DistributorInsurance carrier partner providing commercial and personal insurance products. Hartford is one of the carriers represented by Christensen Group's independent agency model, allowing access to their insurance products for client coverage needs.
• HanovercoreChannel Partner/ Reseller/ DistributorInsurance carrier partner providing property and casualty insurance solutions. Hanover is represented through Christensen Group's independent brokerage network.
• ChubbcoreChannel Partner/ Reseller/ DistributorMajor property and casualty insurance provider partnered with Christensen Group. Chubb offers high-value personal insurance and commercial coverage options.
• AIGcoreChannel Partner/ Reseller/ DistributorGlobal insurance corporation partner providing commercial and specialty insurance products through Christensen Group's independent agency network.
• SentrymajorChannel Partner/ Reseller/ DistributorInsurance carrier offering commercial insurance solutions, including workers compensation and business insurance products, through Christensen Group.
• HealthPartnersmajorChannel Partner/ Reseller/ DistributorHealth insurance provider partner offering health coverage solutions as part of employee benefits packages facilitated by Christensen Group.
• MedicamajorChannel Partner/ Reseller/ DistributorRegional health insurance carrier partner providing health coverage options for employee benefits clients in the Midwest.
• IntactmajorChannel Partner/ Reseller/ DistributorInsurance provider partner offering commercial and specialty insurance products through Christensen Group's independent brokerage.
• AcuitymajorChannel Partner/ Reseller/ DistributorInsurance carrier partner providing business insurance solutions including commercial property and liability coverage.
• SecuramajorChannel Partner/ Reseller/ DistributorRegional insurance carrier offering commercial and personal insurance products, particularly serving Midwest markets.
• Christensen Group Financial, LLCcoreStrategic or Co-development PartnerRegistered investment adviser and wholly owned subsidiary of Christensen Group Inc. Provides investment advisory services for retirement plans, offering ERISA 3(21) or 3(38) investment fiduciary services.
• Austin Human Resource AssociationminorChannel Partner/ Reseller/ DistributorLocal HR professional association in Austin, TX. Christensen Group participates as a community partner supporting HR professionals and their organizations.
• Make A Wish Central and South TexasminorChannel Partner/ Reseller/ DistributorNon-profit organization supported through community involvement and sponsorships by Christensen Group's Austin office.
• Disability Resource IncorporatedminorChannel Partner/ Reseller/ DistributorNon-profit organization providing disability resources, supported by Christensen Group's community involvement in Central Texas.
• Hope Mommies Central TexasminorChannel Partner/ Reseller/ DistributorNon-profit support organization for mothers, supported through community partnerships by Christensen Group's Austin office.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Marsh McLennan Agency: Independent brokerage arm of Marsh McLennan, operating across commercial P&C, employee benefits, and personal lines with a similar multi-carrier distribution model. Christensen's own senior hires have moved from Marsh MMA, indicating direct talent and account overlap.
• AssuredPartners: PE-backed independent insurance brokerage with a comparable Midwest/South-Central footprint and aggressive M&A roll-up strategy. Senior Christensen hire Eric Bloss previously worked at AssuredPartners, and both target commercial P&C and employee benefits accounts.
• The Horton Group: Midwest-based independent insurance brokerage with comparable service lines including construction and commercial P&C. Christensen VP John Sass previously worked there, signaling direct talent and likely account overlap in the Chicago region.
• TrueNorth Companies: Midwest-based (Cedar Rapids, IA) independent insurance brokerage with a closely comparable multi-line offering including employee benefits and retirement services. Similar employee-focused culture and middle-market commercial book.

Broad incumbents

• Arthur J. Gallagher: Large publicly-traded global insurance brokerage offering commercial P&C, employee benefits, and retirement consulting at much greater scale. Competes for the same commercial middle-market and upper-middle-market accounts Christensen serves.
• HUB International: Large PE-backed North American insurance brokerage with a heavily Midwest-weighted footprint and similar multi-line agency structure. Direct overlap on commercial P&C, benefits, and personal lines for middle-market clients.
• Brown & Brown: Publicly-traded independent insurance brokerage that has grown via disciplined M&A, operating a similar agency/brokerage model across commercial and personal lines. Direct overlap in commercial P&C and benefits distribution.
• Lockton Companies: Largest privately-held independent insurance brokerage in the U.S., operating across commercial P&C, benefits, and retirement. Closely comparable business model to Christensen but at significantly greater scale and broader geographic reach.
• USI Insurance Services: PE-backed large independent brokerage with comparable property/casualty, employee benefits, and personal insurance practice areas. Competes for the same middle-market commercial accounts as Christensen Group.
• NFP (an Aon company): PE-backed (acquired by Aon) insurance brokerage and benefits consultant with strong Midwest and Texas presence and similar middle-market focus. Direct overlap on benefits, commercial P&C, and retirement plan services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/christensengroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles27 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Christensen Group Insurance