Holmes Murphy Expands to Fargo, ND to Focus on Construction Insurance

Waukee-based insurance brokerage targets region's robust construction activity

Published on Mar. 4, 2026

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Holmes Murphy, a Waukee-based insurance brokerage, is strategically expanding its footprint into Fargo, North Dakota to capitalize on the region's booming construction industry. The move underscores a broader trend of insurance firms aligning themselves with areas experiencing significant growth in building and infrastructure projects.

Why it matters

The upper Midwest, including North Dakota, is witnessing a surge in construction activity driven by factors like population growth, increased infrastructure investment, and demand for residential and commercial spaces. This expansion presents unique insurance and risk management challenges that require specialized expertise, which Holmes Murphy aims to provide.

The details

To lead its North Dakota growth initiatives, Holmes Murphy has appointed Mark Julik, formerly of Marsh McLennan Agency's construction practice, who brings two decades of experience in insurance and construction risk management. This focused approach signals Holmes Murphy's commitment to offering tailored solutions for construction clients in the region.

  • Holmes Murphy is strategically expanding into Fargo in 2026.

The players

Holmes Murphy

A Waukee-based insurance brokerage firm that is expanding its footprint into Fargo, North Dakota to serve the region's booming construction industry.

Mark Julik

A former executive at Marsh McLennan Agency's construction practice, who has been appointed by Holmes Murphy to lead its North Dakota growth initiatives.

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What’s next

As construction projects become larger and more complex, the demand for sophisticated risk management solutions is expected to increase, leading to further specialization within the insurance brokerage industry.

The takeaway

Holmes Murphy's expansion into Fargo, North Dakota highlights the growing trend of insurance brokerages aligning themselves with regions experiencing significant construction and infrastructure growth. This strategic move allows firms to build specialized expertise and offer tailored risk management solutions to construction clients.