Keystone Agency Partners Appoints Insurance Industry Veteran Todd Jones Independent Board Member

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

Mr. Jones is the Managing Director of QBE North America, a leading specialty insurer, part of QBE Insurance Group Limited, one of the world’s largest insurers and reinsurers. QBE North America is QBE’s largest division worldwide, representing $6.3 billion in gross written premiums.

Prior to joining QBE, Jones held senior roles at Willis Towers Watson, including as Global Head of Global Corporate Risk and Brokerage, and before that as CEO of Willis North America. He began his career as a technical broker in D&O and management liability, serving large and complex clients as well as mid-market clients.

“Todd’s extensive experience and leadership in insurance distribution, as well as his expertise in the areas of enterprise risk and management liability, add to the distinct depth and value of our business, our partners and our platform,” said Matt Popoli, president of Keystone Agency. Board of Directors and Managing Director of Partners, Global Head of Insurance, Bain Capital. “We are delighted to welcome Todd and look forward to benefiting from his insights in the years to come.”

“It is an honor for me to join the KAP Board of Directors. The company’s unique platform and self-driving operating model inspires an entrepreneurial spirit in insurance agency management that I happily support,” Jones said. “Jeff, David and their senior team enable partnerships with independent insurance agencies to grow and reach greater heights than they could on their own. I look forward to playing a role in helping KAP achieve its mission, vision and growth goals.

About the agency Keystone Partners

Keystone Agency Partners is a rapidly growing insurance brokerage platform that acquires and partners with independent insurance agencies across the United States. KAP provides the best services and capital investments that unlock potential and deliver outsized and profitable growth within its platform agencies. Keystone Agency Partners was founded in 2020 in partnership with Keystone Insurers Group, Inc. and subsidiaries of Bain Capital, LP. For more information, visit: www.keystoneagencypartners.com.

About Bain Capital, LP

Bain Capital, LP is one of the world’s leading privately-held, multi-asset alternative investment firms that creates lasting impact for our investors, our teams, our businesses and the communities in which we live. Since our inception in 1984, we have applied our knowledge and experience to grow organically across many asset classes including private equity, credit, private equity, venture capital, real estate and other strategic areas. 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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