TrueNorth Invests in Talent to Expand Specialized Capabilities
posted by TrueNorth Companies on Tuesday, April 22, 2025
FOR IMMEDIATE RELEASE
April 22, 2025
Contact: Max Smith
(319) 431-4641
msmith@truenorthcompanies.com
TRUENORTH INVESTS IN TALENT TO EXPAND SPECIALIZED CAPABILITIES
(Cedar Rapids, Iowa, April 2025) - TrueNorth Companies, L.C., a closely and privately held risk management and insurance brokerage firm headquartered in Cedar Rapids, Iowa, is excited to announce the addition of Davis Benfield as Director of Strategic Expansion. Benfield will oversee the formalization of current programs and the development of new opportunities for the firm’s growing Managing General Agent (MGA) and specialty program practice.
This initiative aims to enhance TrueNorth's capabilities in offering niche insurance coverage and expand its specialty program businesses. “This investment in MGAs is a strategic move to strengthen our market position and expand our capabilities." said Max Smith, TrueNorth’s Chief Commercial Officer. "Davis's expertise and leadership will be invaluable as we pursue these opportunities and work toward future revenue targets.”
“I am thrilled to join TrueNorth and look forward to collaborating with our talented team to bring ambitions to life,” said Davis Benfield, Director of Strategic Expansion. “Expanding our MGA and program manager capabilities—both organically and through future mergers and acquisitions—offers unique opportunities to enhance TrueNorth’s robust suite of specialty programs and drive significant growth.”
Managing General Agents (MGAs) play a role in underwriting, pricing, issuing insurance coverage and providing claim services. This development is designed to complement current specialties and introduce new areas of expertise. The focus on building and acquiring MGA and program managers aims to position TrueNorth for sustainable growth and innovation in alignment with the organization's vision and growth trajectory.
About TrueNorth
TrueNorth Companies, L.C. is a risk management and insurance brokerage firm focused on creating value for our clients, colleagues and communities. The organization is designed to maintain its closely held and privately held business model supported by an organic growth and internal perpetuation strategy. TrueNorth is headquartered in the Midwest with offices in Iowa, Illinois and Colorado and colleagues located in over 20 states across the nation. Learn more at truenorthcompanies.com.
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