Christensen Group Insurance

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June 1, 2022

Christensen Group Insurance has acquired Foster White Insurance agency

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Christensen Group is a top 5 independent insurance brokerage in Minnesota, a top 100 independent insurance brokerage in the country and one of the largest 100% ESOP-owned brokers in the US.

Foster White of Monticello and New Ulm, MN has been acquired by Christensen Group Insurance (CG) based in Eden Prairie. Foster White has been owned locally for over 50 years and joining Christensen Group to become employee-owned was a way for owners, Jake Olinger and Tony Larson, to secure the local ownership far into the future. The strong cultural and team alignment between the two companies was also an important factor for the Foster White leaders. Joining CG reinforces their commitment to the communities they live in and serve.

Founded in 1952, and 100% employee-owned, Christensen Group strives to achieve growth without sacrificing their culture, entrepreneurial mindset, or financial excellence. Over the past seven decades, CG has grown from a small family-owned insurance agency in Minneapolis to a Top 100 independent insurance brokerage in the country. The 21 employees from Foster White joining the CG team brings the employee count to over 200 employee- owners. Christensen Group Insurance now has seven locations in Minnesota (Alexandria, Bemidji, Duluth, Eden Prairie, Monticello, New Ulm, and Waite Park) and two national offices located in Kansas City, Kansas and Austin, Texas.

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