Iowa’s First Mainstreet Insurance Acquires 3 New Agencies

July 14, 2020

Cedar Rapids, Iowa-based First MainStreet Insurance (FMSI), a TrueNorth affiliate, has added three new firms to its family of insurance agencies — two in Iowa and one in Tennessee.

FMSI acquired Sisson and Associates of Charles City, Iowa. The agency has roots in the insurance industry dating back to the 1940s and took over the Sisson & Associates name in 1997. For years now, Tom Sisson and Bob Ingram have leveraged their partnership to attract a healthy book of business. With five employees and a great line-up of carrier partners, this agency has been a consistent, reliable, and reputable firm in Charles City and the surrounding communities.

FMSI has also acquired the assets of Core-Vens Insurance. Headquartered in Clinton, Iowa, Core-Vens Insurance has served the community since 1963. The agency has been family owned and operated for over 50 years – first by Bill Core and Ray Vens, followed by Chris and Randy Vens since the early 1990’s.

FMSI acquired Gamrath Doyle-Vens Insurance (GDV) in 2019. Mike Vens was a partner at GDV and a sibling to Chris and Randy Vens. Core-Vens Insurance also has a secondary location in Davenport, Iowa, and all 17 employees from both locations will join the FMSI platform to welcome more growth opportunities.

The TrueNorth Nashville branch has transitioned to the FMSI platform. In addition, and out of the Nashville area, FMSI acquired a book of business from Hylant Group. Moving under one roof in Brentwood, Tennessee, these two teams of benefit specialists will combine their expertise and resources to expand the FMSI employee benefit practice footprint in the Nashville market.

First MainStreet Insurance L.C. is an affiliate of TrueNorth Companies L.C. Led by many TrueNorth senior leaders, the FMSI model focuses on smaller agencies to perpetuate their business while maintaining a local presence and legacy within their communities.

In addition to these new acquisitions, FMSI currently holds locations in the following Iowan towns: Bettendorf, Bloomfield, Centerville, Fairfield, Indianola, Iowa Falls, Mason City, Mt. Pleasant, Moville, Ottumwa, Pella, and Perry.

Source: First MainStreet Insurance

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