Keystone Agency Partners Acquires Keystone Insurers Group

Keystone Agency Partners Acquires Infinity Assurance Group (IAG)

September 15, 2026

Financial Services

Keystone, one of the nation’s largest independent insurance brokerages, announced it has acquired Infinity Assurance Group (IAG). The acquisition is Keystone’s first Platform Partner in California, expanding the firm’s west-coast presence. IAG will continue operating under its current leadership, with the deal effective August 3, 2026.

Warburg Pincus Acquires Majority Stake in Keystone Agency Partners; Bain Capital Reinvests

July 16, 2025

Financial Services

Warburg Pincus will acquire a majority stake in Keystone Agency Partners through a private transaction. Bain Capital, which originally launched Keystone in 2020, will retain a minority position via a new investment from Bain Capital Insurance, and the deal is expected to close in Q3 2025 subject to regulatory approvals.

Keystone Agency Partners Acquires LifeQuotes

January 12, 2024

Insurance

Keystone Agency Partners (KAP) acquired LifeQuotes, Inc., an insurtech life insurance price-comparison platform founded in 1984. The acquisition adds LifeQuotes as a Platform Partner to KAP’s portfolio (bringing the total to 20) and expands KAP’s digital distribution and insurtech capabilities.

Keystone Agency Partners Invests in Walton Insurance Group

March 1, 2023

Insurance

Keystone Agency Partners (KAP) made a capital investment in Walton Insurance Group, bringing the Jackson, Michigan–based agency into KAP's platform while allowing Walton to retain significant local ownership. The partnership gives Walton access to KAP's carrier network, marketing, technology and operational support to expand its insurance offerings and accelerate growth in Michigan.

Keystone Agency Partners Adds Arnold Insurance to Its Platform

June 1, 2022

Insurance

Keystone Agency Partners (KAP) announced a strategic partnership to add Arnold Insurance, an independent, female-owned agency based in Missouri, to its platform. Arnold operates 11 offices across multiple states with about 52 employees; financial terms were not disclosed. The deal deepens KAP's footprint in Missouri and expands its presence in Arizona, Colorado, Florida, Oklahoma and Oregon.

Keystone Agency Partners Forms Partnership with The DeHayes Group

February 10, 2021

Insurance

Keystone Agency Partners (KAP) announced a strategic partnership to add The DeHayes Group, an independent insurance agency based in Fort Wayne, Indiana, as the tenth platform partner. The deal expands KAP's Midwest footprint and deepens its employee benefits capabilities; The DeHayes Group will retain its local management team and office. Financial terms were not disclosed.