Keyes Coverage expands in Florida with Seibert Insurance acquisition

Keystone Agency Partners has announced that its portfolio company, Keyes Coverage, has acquired Seibert Insurance Agency, extending its scope into west-central Florida.

The transaction expands Keyes Coverage’s operations crossed idiosyncratic lines, commercialized spot and casualty, and specialty insurance.

The companies did not disclose the fiscal presumption of the transaction.

Tampa-based Seibert Insurance Agency provides idiosyncratic and commercialized security services and employs 18 people.

Seibert Insurance Agency CEO Karyn S Roeling said: “With Keyes and Keystone down us, we tin connection broader resources, much bearer entree and enhanced technology, portion keeping the section work our clients expect.”

Following the deal, the concern volition proceed to run from its existing bureau successful Tampa portion transitioning to the Keyes Coverage brand.

The acquisition marks different measurement successful Keyes Coverage’s enlargement successful Florida.

The institution said that partnerships completed since 2021 person resulted successful its size and gross doubling.

Seibert brings much than 150 years of combined manufacture experience, on with an established beingness successful the Tampa Bay market.

Keyes Coverage was founded successful 1976 and is based successful Fort Lauderdale.

It joined Keystone Agency Partners successful 2022.

Established successful 2020, Keystone is simply a US retail security broker that works with autarkic agencies done distribution, partnerships, services and superior support.

Keyes Coverage CEO David Ragno added: “We are excited to invited the Seibert squad to Keyes Coverage. It gives america a existent West Coast beingness successful Tampa and a beardown instauration to strategically physique retired the market, and it continues the thoughtful maturation we person pursued arsenic portion of Keystone.”

The Seibert transaction follows different Florida woody announced by Keyes Coverage successful November past year, erstwhile it acquired Miami-based Filer Insurance.

Filer Insurance, founded by Henry H. Filer, has operated successful southbound Florida since 1919 and served clients successful the portion for much than 100 years.

Its idiosyncratic security products see homeowners, motor, flood and vessel cover.

"Keyes Coverage expands successful Florida with Seibert Insurance acquisition" was primitively created and published by Life Insurance International, a GlobalData owned brand.

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