Keystone Agency Investors forms equity partnership with Yurconic

Harrisburg area-based Keystone Agency Investors has formed an equity partnership with The Yurconic Agency, an independent insurance agency serving the Lehigh Valley.

Formed by Keystone Insurers Group and Bain Capital Credit, Keystone Agency Investors was launched in July 2020. It offers capital and other services to agents who want to sell their independent agency and still remain involved in the day-to-day operations, its website explained.

The Yurconic Agency, which provides personal, business, life, disability, health, and proprietary podiatry malpractice insurance, is Keystone’s ninth strategic partnership. Founded in 1969, it has clients in the Greater Lehigh Valley, including Allentown, Bethlehem, Easton,

Northampton, Lehighton, Palmerton, Sinking Spring, Reading, Pottsville and Hazleton.
“… We are always looking for progressive ways to offer additional services to our clients that will enhance their ability to deliver their business objectives,” John T. Yurconic, CEO of The Yurconic Agency, said in a release. “The Keystone breadth of services allows our employees the ability to tap resources and insurance products beyond our current scope, offering our clients an even more comprehensive suite.”

From Keystone Agency Investors’ end, CEO David E. Boedker Sr. said in the release that the partnership “affords us an immediate and more robust connection to clients in Pennsylvania.”