Keystone Agency Partners

AmeriLife and OneDigital are in the market while Relation is preparing for a liquidity event.

This publication revealed the planned stake purchase earlier this week.

In May, this publication revealed that Warburg was among the PE bidders for KAP.

Flexpoint Ford has also positioned itself as a potential minority backer.

Insurance Insider US examines potential tariffs’ impact on the PE-backed brokers amid the jammed conveyor belt.

Sources said the platform has retained Barclays and Goldman Sachs to run a process.

KAP has struck a deal to acquire Keystone Insurers Group – its affiliated agency network – for less than $100mn.

The $330mn funding round was led by Apogem Capital and jointly arranged by Crescent Capital, both existing lenders to the brokerage firm.

In May, KAP named Kinney as president as Turner stepped down as CEO, although the executive remained with the retailer as a strategic adviser to the board through 31 July.

Inside P&C’s news team runs you through the key highlights of the week.

This publication revealed this morning that Bain-backed retail broker raised ~$100mn of preference shares in a deal with the private equity.

The acquisitive, Bain-backed retail broker has struck a deal with private equity firm Flexpoint Ford.