Keystone Agency Partners Takes Majority Stake in Large Florida Agency

Keystone Agency Partners, a brokerage that continues to acquire agencies around the country, said it has taken a majority stake in Keyes Coverage, an insurance agency based in Tamarac, Florida.

Keyes, one of the largest privately owned agencies in South Florida, will retain its Tamarac office, in keeping with Keystone’s retained-ownership business model. Keystone, founded in 2020, said it provides services and capital investment to the agencies it acquires a stake in, supporting potential growth of the business.

Keyes was founded in 1975 by Murray Keyes and his sons, Carey and Kenneth Keyes. It specializes in corporate property and casualty and personal lines coverage and has 65 employees.