Forty-year business veteran takes the reins as CEO departs
Insurance coverage brokerage platform Keystone Company Companions (KAP) has introduced the appointment of Patrick J. Kinney (pictured above) as president and board member, efficient instantly.
Kinney succeeds outgoing CEO Jeff Turner, who has determined to pursue alternatives outdoors the corporate. In an effort to guarantee a easy transition, Turner will function a strategic advisor to KAP’s board via July 31.
Kinney has served as a strategic advisor to KAP since December 2022, the corporate mentioned. Previous to becoming a member of KAP, he spent practically 40 years at Travelers, the place he held a number of management positions and served on the chief committee. Earlier than his retirement from Travelers, Kinney served as the corporate’s govt vice chairman of subject administration.
“It’s been a privilege to work with the KAP govt management crew and our company companions to construct a really differentiated platform with best-in-class, entrepreneurial companies,” Turner mentioned. “KAP is well-positioned for its subsequent part of progress with a world-class management crew and devoted board.”
“We thank Jeff for his management and dedication to constructing KAP into one of many fastest-growing insurance brokerage platforms within the nation,” mentioned David E. Boedker Sr., govt vice chairman at KAP. “We’re excited so as to add a seasoned govt of Patrick’s caliber to our management crew. His integral information of the corporate and the expertise of working in partnership with our companies will guarantee a profitable transition and allow KAP to stay targeted on reaching above-market worthwhile progress.”
“I’m grateful for the chance and sit up for serving to KAP speed up our partnerships with impartial companies,” Kinney said. “In solely three years, KAP has closed 65 offers, indicating vital potential for progress and success. Insurance coverage is an area enterprise and gross sales are constructed on belief. KAP helps its platform agencies companion collectively to resolve complicated points, speed up progress, and construct deeper shopper servicing relationships.”
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