Effective January 1, 2023, NJAA is merging into Keystone Insurers Group, a national insurance network and resource platform for independent insurance agents.
Originally founded in Pennsylvania by four independent agencies, Keystone’s primary mission is to strengthen independent insurance agencies with expertise, resources, and relationships that help them write more business, retain their existing customer base, and enhance agency operations.
There are almost 300 agencies currently aligned with Keystone across several states representing more than $5.9B in total premium volume.
FREQUENTLY ASKED QUESTIONS
Are there any ownership changes of NJAA agencies with this affiliation?
While the NJAA is being merged into Keystone, ownership of individual agencies remains unchanged. Keystone’s mission is to help agencies remain independent by providing them with the tools and resources they need to grow their businesses. Individual agencies are not required to change their name or sell a specific menu of services.
Who owns Keystone?
As a network, Keystone is wholly owned by its partner agencies and Keystone employees.
What services does Keystone offer?
Keystone has robust resources to assist with Property and Casualty insurance, Employee Group Benefits, Financial Services, Risk Management, and Bonds as well. In addition, they have emerging resources to assist an agency’s business operations.
Why did NJAA make this decision?
The landscape of our industry is rapidly changing and so are the demands of the carriers and consumers. We believe Keystone’s wealth of resources allows us to get ahead of the curve versus the competition. The appeal for us was the extensive availability of resources that we cannot readily recreate on our own. Keystone’s reputation in the industry is second-to-none.
What happens to the NJAA staff?
The NJAA staff will transition to Keystone’s staff. Bob Mazey is taking a position on Keystone’s Executive Leadership Team.
