Keystone Agency Investors, a fast-growing independent insurance agency partnership platform, today announced it is changing its name to Keystone Agency Partners. The new brand represents the strong strategic, operational, and financial support the company provides to platform agencies, which is balanced by preserving independence and reigniting the entrepreneurial nature within insurance agency partners.
The name change and rebranding more closely aligns with the company's mission of "connected autonomy" and is indicative of how partner agencies can maintain a portion of retained ownership, their own brand and business objectives, but with the added strategic support, capital investment and consultative resources provided by Keystone Agency Partners.
"Our new name better reflects who we are ? true partners, collaborating with and providing resources to our agencies and we wanted our name to speak to the deep relationship we build with these agencies to support their growth," said Jeff Turner, Chief Executive Officer of Keystone Agency Partners. "We are so much more than just a financial partner. The value add we bring is collaboration ? from the due diligence process to long after close. Once our partners come onboard, we strategically realign their growth plans to amplify their strengths and help them better leverage technology to modernize their operations allowing them to focus on delivering value to their customers."
"The rebranding to Keystone Agency Partners speaks to the importance of the company's collaborative partnership approach and focuses on providing our insurance agency partners with an unparalleled support offering," said Matt Popoli, Chairman of Keystone Agency Partners' Board of Directors and a Managing Director of Bain Capital Insurance. "We are excited to continue to identify and capitalize on growth and expansion opportunities while strengthening our commitment and value proposition to partner agencies."
About Keystone Agency Partners
Keystone Agency Partners is a fast-growing independent insurance agency partnership platform which provides strategic, technology, financial and operational support to reignite an entrepreneurial spirit and support profitable growth within their platform agencies. Keystone Agency Partners was founded in 2020 in partnership with Keystone Insurers Group, Inc. and affiliates of Bain Capital, LP. For more information please visit: www.keystoneagencypartners.com.
About Keystone Insurers Group (Keystone)
Keystone started in 1983 when four independent insurance agencies teamed up to pool their experience and expertise. This small group believed that agencies could be stronger and more successful if they linked arms ? a passion and spirit that continues. Growing to almost 300 independent agency partners in 17 states, Keystone provides its agents with a community of like-minded agencies, industry expertise and access to specialized products for their clients. Keystone is ranked number four on Insurance Journal's 2020 list of Top 20 Property/Casualty Agency Partnerships. For more information, go to www.keystoneinsgrp.com.
About Bain Capital, LP
Bain Capital, LP is one of the world's leading private multi-asset alternative investment firms that creates lasting impact for our investors, teams, businesses, and the communities in which we live. Since our founding in 1984, we've applied our insight and experience to organically expand into numerous asset classes including private equity, credit, public equity, venture capital, real estate and other strategic areas of focus. The firm has offices on four continents, more than 1,200 employees and approximately $150 billion in assets under management. To learn more, visit www.baincapital.com.