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July 7, 2017
Kraus-Anderson Insurance acquires operations of Dennis J. Linder & Associates
Company completes 4th strategic acquisition
MINNEAPOLIS, Minn. (July 2017) – Kraus-Anderson Insurance, a national leader in risk management services, has acquired the operations of Twin Cities-based Dennis J. Linder & Associates (DJL), a property and casualty agency uniquely focused on architectural and engineering firms.
The agreement is KA Insurance’s fourth strategic acquisition in recent years. The company acquired Onyx Benefit Advisors in 2016, Minnesota Insurance Brokers in 2009 and Advanced Risk Manager in 2012.
DJL exclusively features risk management services in the Minneapolis/St. Paul market for architects, engineers, land surveyors, interior designers, environmental consultants, construction managers and design-build contractors.
“DJL’s depth of expertise in specialized professional liability insurance for design professionals make it well-positioned for outstanding, sustainable performance,” said Dennis Diessner, executive vice president and chief operating officer of KA Insurance. “We are looking forward to supporting the Linder team’s continued success by expanding clients’ access to enhanced, integrated risk management services.”
Kraus-Anderson’s acquisition activity has contributed to stable, long-term growth for its insurance and risk management operations. This most recent transaction reflects continued confidence in the market demand for sophisticated, value-added agency services.
“Our people set us apart from our competition, and we will continue to seek investment opportunities in intellectual capital and talented professionals that share our commitment and culture,” said Julie Ertz, vice president of customer service of KA Insurance.
“The entire Dennis Linder team is very excited and proud to join the Kraus-Anderson family,” said Dennis Linder, DJL’s founder and president. “Together, we will be able to deliver the best-in-class service our clients depend on, while adding even more value through Kraus-Anderson’s market-leading set of risk management capabilities and resources.”
Linder and six employees will relocate its office to KA Insurance’s Burnsville location on June 29th, 2017.
About Kraus-Anderson Insurance
Kraus-Anderson Insurance (www.kainsurance.com) is an independent agency providing a spectrum of effective risk management tools for businesses and individuals, including business and personal lines, alternative risk financing, workers compensation management (COMPTROL), HR/benefits, safety/loss control and surety bonding. COMPTROL is a member of the Institute of Work Comp Advisors, limited to 275 agencies nationwide. KA Insurance, an Affirmative Action, Equal Employment Opportunity Employer, is part of the Minneapolis-based Kraus-Anderson family of operations, including commercial construction, real estate management and development, and capital financing.