Prior to joining Homesteaders in 2020, Gerhart was Chief Administrative Officer at FBL Financial. He is best known for his time as Commissioner of the Iowa Insurance Division, where he transformed that department and increased the State of Iowa’s international prominence through his thought leadership. He earned his bachelor's degree from the University of Northern Iowa and his JD, MHA from the Saint Louis University School of Law. In addition, Gerhart is mentor and advisor to numerous insuretech startup ventures, including Advisor to Assured Allies, Gain Compliance, Sureify, Harbor AI and others, as well as serves on the Board of Directors for Pi 515 and Childserve.

As Chief Operating Officer at Homesteaders, he is responsible for managing the company's operations, including activities to optimize company growth through innovation that is consistent with Homesteaders’ core values, purpose and vision.

“I’m pleased to have Nick join our Board of Directors,” said Shannon Rutledge, FMH President and CEO. “We are expanding the FMH Board in conjunction with our recent Mutual Holding Company changes and are excited to welcome him as a director. His outside perspective and deep industry knowledge along with his wide range of experience will be an asset to our Board.”