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Eric Aasmundstad
Chairman at
NI HOLDINGS, INC.
Net worth: 575 319 $ as of 2026-05-30
Profile
Eric K.
Aasmundstad is currently Chairman at Nodak Insurance Co. since 2017, Chairman at American West Insurance Co., Chairman at NI Holdings, Inc. since 2017, and Chairman at Nodak Mutual Group, Inc. Former positions include Chairman at Battle Creek Mutual Insurance Co., Director at FBL Financial Group, Inc., Director at Farm Bureau Life Insurance Co. (Iowa), Director at American Farm Bureau Insurance Services, Inc., Director at American Agricultural Insurance Co., and President at North Dakota Farm Bureau from 1999 to 2011.
Education includes undergraduate studies at North Dakota State University.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
| 2026-05-19 | 41,153 ( 0.2% ) | 575 319 $ | 2026-05-30 |
Eric Aasmundstad active positions
| Companies | Position | Start |
|---|---|---|
| NI HOLDINGS, INC. | Chairman | 2017-03-12 |
Nodak Insurance Co.
 Nodak Insurance Co. Multi-Line InsuranceFinance Provides insurance services | Chairman | 2016-12-31 |
Nodak Mutual Group, Inc.
 Nodak Mutual Group, Inc. Multi-Line InsuranceFinance Provides property, casualty and life insurance services | Chairman | - |
American West Insurance Co.
 American West Insurance Co. Property/Casualty InsuranceFinance Property and Casualty Insurance | Chairman | - |
Former positions of Eric Aasmundstad
| Companies | Position | End |
|---|---|---|
North Dakota Farm Bureau
 North Dakota Farm Bureau Miscellaneous Commercial ServicesCommercial Services Provides legal services | President | 2010-12-31 |
Battle Creek Mutual Insurance Co.
 Battle Creek Mutual Insurance Co. Property/Casualty InsuranceFinance Property and Casualty Insurance | Chairman | - |
American Farm Bureau Insurance Services, Inc.
 American Farm Bureau Insurance Services, Inc. Property/Casualty InsuranceFinance Provides crop insurance services | Director/Board Member | - |
Farm Bureau Life Insurance Co. (Iowa)
 Farm Bureau Life Insurance Co. (Iowa) Investment Trusts/Mutual FundsMiscellaneous Underwrites, markets and distributes life insurance, annuities and mutual funds | Director/Board Member | - |
American Agricultural Insurance Co.
 American Agricultural Insurance Co. Multi-Line InsuranceFinance Provides reinsurance and agricultural insurance services | Director/Board Member | - |
Training of Eric Aasmundstad
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
16
1st degree connections
11
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 11 |
|---|---|
FBL Financial Group, Inc.
 FBL Financial Group, Inc. Multi-Line InsuranceFinance Operates as a holding company with interest in life, health and business insurance & financial services | Finance |
Farm Bureau Life Insurance Co. (Iowa)
Farm Bureau Life Insurance Co. (Iowa) Investment Trusts/Mutual FundsMiscellaneous Underwrites, markets and distributes life insurance, annuities and mutual funds | Miscellaneous |
American Farm Bureau Insurance Services, Inc.
American Farm Bureau Insurance Services, Inc. Property/Casualty InsuranceFinance Provides crop insurance services | Finance |
American Agricultural Insurance Co.
American Agricultural Insurance Co. Multi-Line InsuranceFinance Provides reinsurance and agricultural insurance services | Finance |
North Dakota State University
 North Dakota State University Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Nodak Insurance Co.
Nodak Insurance Co. Multi-Line InsuranceFinance Provides insurance services | Finance |
Battle Creek Mutual Insurance Co.
Battle Creek Mutual Insurance Co. Property/Casualty InsuranceFinance Property and Casualty Insurance | Finance |
American West Insurance Co.
American West Insurance Co. Property/Casualty InsuranceFinance Property and Casualty Insurance | Finance |
North Dakota Farm Bureau
North Dakota Farm Bureau Miscellaneous Commercial ServicesCommercial Services Provides legal services | Commercial Services |
NI Holdings, Inc.
 NI Holdings, Inc. Multi-Line InsuranceFinance Provides property, casualty and life insurance services | Finance |
Nodak Mutual Group, Inc.
Nodak Mutual Group, Inc. Multi-Line InsuranceFinance Provides property, casualty and life insurance services | Finance |
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