Keystone Agency Partners Names Insurance Industry Veteran Todd Jones As Independent Board Member

Jones brings more than 25 years of insurance and financial services experience to the Board

HARRISBURG, Pa.--(BUSINESS WIRE)--
Keystone Agency Partners (“KAP”) a rapidly growing insurance brokerage platform, today announced the appointment of veteran insurance industry executive Todd Jones to the Company’s Board of Directors. He is the third independent director appointed to KAP’s Board, joining Robert A. Rusbuldt and Anne Melissa Dowling.

Mr. Jones is the chief executive officer of QBE North America, a leading specialist insurer, which is part of QBE Insurance Group Limited, one of the largest insurers and reinsurers in the world. QBE North America is QBE’s largest division globally, representing $6.3 billion in gross written premiums.

Prior to joining QBE, Jones held senior roles at Willis Towers Watson, including most recently as Global head of global corporate risk and broking, and before that as CEO for Willis North America. He began his career as a technical broker in the D&O and management liability space, serving large and complex as well as middle market clients.

“Todd's vast experience and leadership in insurance distribution, along with his expertise in the areas of corporate risk and management liability, adds to the distinct depth and value to our firm, our partners and our platform,” said Matt Popoli, Chairman of Keystone Agency Partners’ Board of Directors and Managing Director, Global Head of Insurance, Bain Capital. “We are pleased to welcome Todd and look forward to benefiting from his insights in the years to come.”

“It is my distinct honor to join KAP’s Board. The Company’s unique platform and autonomous operating model sparks an entrepreneurial spirit within insurance agency leadership that I happily support,” said Jones. “ Jeff, David and their senior team enable partnerships with independent insurance agencies to grow and reach heights greater than they could on their own. I look forward to playing a role in helping KAP achieve its mission, vision and growth objectives.”

About Keystone Agency Partners

Keystone Agency Partners is a rapidly growing insurance brokerage platform that acquires and partners with independent insurance agencies throughout the United States. KAP provides best-in-class services and capital investment that unlocks potential and delivers outsized and profitable growth within its 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 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.

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Jennifer MacLaren
Keystone Agency Partners

[email protected]

603-494-1773

Source: Keystone Agency Partners