Keystone Fully Acquires East Coast Risk Management as its Risk Management Division
NORTHUMBERLAND, Pa.--(BUSINESS WIRE)--Jan 10, 2023--
Today, Keystone, the fourth largest participant-owned insurance agency network in the nation, announced its intention to fully acquire the member shares of East Cost Risk Management (ECRM), a safety, HR, and risk management firm, to become its full-time risk management division.
“With over 60 specialists in Risk Management, HR, and Safety Consultation, the ECRM staff will further enhance Keystone’s mission to employ strategies that mitigate risk through process, technology, and training, regardless of location. The name East Coast Risk Management served us in our infancy, but Keystone’s network has grown – and so have we,” explained ECRM President Mike Lukart. “Our expertise will enhance and round out Keystone’s menu of services and increase our service staff for agents across our network to over 200.”
“East Coast Risk Management is already fully immersed in working with our agents, and this integration has been in the works for a long time,” stated Keystone President and CEO, David E. Boedker. “The only thing that will change is the name – we’re all one: Keystone.”
About Keystone Insurers Group (Keystone) -- Keystone started in 1983 when four independent insurance agencies, teamed up to pool their experience and expertise. This small group believed that agencies could be stronger and more successful if they linked arms. As we celebrate our Ruby 40 th anniversary, this passion and spirit continues. Growing to over 300 independent agency partners in 19 states, Keystone provides its agents with a community of like-minded agencies, industry expertise and access to specialized products for their clients. Keystone is ranked number four on Insurance Journal’s 2021 list of Top 20 Property/Casualty Agency Partnerships. For more information, go to www.keystoneinsgrp.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20230110005941/en/
CONTACT: Beth Bedisky
KEYWORD: UNITED STATES NORTH AMERICA PENNSYLVANIA
INDUSTRY KEYWORD: INSURANCE PROFESSIONAL SERVICES
SOURCE: Keystone Insurers Group
Copyright Business Wire 2023.
PUB: 01/10/2023 01:40 PM/DISC: 01/10/2023 01:41 PM