Get in Touch

Address

06 Mymen KR. New York City

Phone

+02596 5874 59857

Forty-year industry veteran takes the reins as CEO departs

By Ryan Smith

May 15, 2023 Share

Insurance brokerage platform Keystone Agency Partners (KAP) has announced the appointment of Patrick J. Kinney (pictured above) as president and board member, effective immediately.

Kinney succeeds outgoing CEO Jeff Turner, who has decided to pursue opportunities outside the company. In order to ensure a smooth transition, Turner will serve as a strategic advisor to KAP's board through July 31.

Kinney has served as a strategic advisor to KAP since December 2022, the company said. Prior to joining KAP, he spent nearly 40 years at Travelers, where he held several leadership positions and served on the executive committee. Before his retirement from Travelers, Kinney served as the company’s executive vice president of field management.

Read next: Keystone Agency Partners names new CAO

“It’s been a privilege to work with the KAP executive leadership team and our agency partners to build a truly differentiated platform with best-in-class, entrepreneurial agencies,” Turner said. “KAP is well-positioned for its next phase of growth with a world-class leadership team and dedicated board.”

“We thank Jeff for his leadership and dedication to building KAP into one of the fastest-growing insurance brokerage platforms in the country,” said David E. Boedker Sr., executive vice chairman at KAP. “We are excited to add a seasoned executive of Patrick’s caliber to our leadership team. His integral knowledge of the company and the experience of working in partnership with our agencies will ensure a successful transition and enable KAP to remain focused on achieving above-market profitable growth.”

“I am grateful for the opportunity and look forward to helping KAP accelerate our partnerships with independent agencies,” Kinney said. “In only three years, KAP has closed 65 deals, indicating significant potential for growth and success. Insurance is a local business and sales are built on trust. KAP is helping its platform agencies partner together to solve complex issues, accelerate growth, and build deeper client servicing relationships.”

Have something to say about this story? Let us know in the comments below.

Related Stories

  • Trust is a key element to a win-win M&A
  • These three things mean an agency M&A was a success - CEO
Fetching comments... Please enable JavaScript to view the comments powered by Disqus.

LATEST NEWS

Post-pandemic event marketing – how do you make your dollars stretch?
MARKETING

Post-pandemic event marketing – how do you make your dollars stretch?

Illinois, Indiana join other states in enacting public adjuster reforms
INSURANCE NEWS

Illinois, Indiana join other states in enacting public adjuster reforms

Alliant names new employee benefits VP
INSURANCE NEWS

Alliant names new employee benefits VP

Canopius Group snags casualty treaty underwriter
INSURANCE NEWS

Canopius Group snags casualty treaty underwriter

Keystone Agency Partners announces leadership change
INSURANCE NEWS

Keystone Agency Partners announces leadership change

Original Article