Keystone Agency Partners has made a significant move by acquiring Ascent Insurance Group, a well-known insurance agency based in Oklahoma. This deal also includes the Cole, Paine & Carlin Insurance Agency, which will now operate under Ascent Insurance Group.
Aaron Bogie, the new CEO of Ascent Insurance Group, expressed excitement about the partnership. He noted that joining forces with Keystone Agency Partners and integrating with Cole, Paine & Carlin is a major step forward. Bogie believes this collaboration will create a stronger platform that benefits clients by combining expertise and resources.
This acquisition is part of Keystone Agency Partners’ strategy to expand its presence in Oklahoma. With this deal, the company will have three locations across the state: the main office in Oklahoma City, along with branches in Tulsa and Tonkawa. This expansion aims to improve accessibility and support for clients in the region.
The partnership will enhance Keystone Agency Partners’ ability to provide both commercial and personal lines of insurance. Ascent and Cole, Paine & Carlin will benefit from Keystone’s extensive resources and national network, which will help drive growth and improve client experiences.
Overall, this acquisition marks a significant development for Keystone Agency Partners as it strengthens its position in the Oklahoma insurance market.