Keystone Agency Partners (KAP), an insurance brokerage platform, has acquired LifeQuotes, Inc. as its latest Platform Partner, bringing the total number of partners in its portfolio to 20.
Founded in 1984, LifeQuotes is a life insurance price comparison service. Its platform enables self-directed life insurance shoppers to instantly access quotes from 50 highly-rated life insurers and purchase policies online from the company of their choice.
Dan Girardi, Chief Acquisition Officer, KAP, commented on the strategic move, “LifeQuotes brings a wealth of experience and technological innovation to our family of Platforms. This acquisition aligns seamlessly with our commitment to offering diverse and customer-centric insurance solutions. We are thrilled to welcome LifeQuotes to the KAP family.”
The insurtech market is witnessing substantial growth, with projections indicating a rate of 42.4% in the forecast period of 2021 to 2028, reaching an estimated $46 billion by 2028, according to Data Bridge Market Research.
Bob Bland, Chief Executive Officer, LifeQuotes, added, “Joining forces with Keystone Agency Partners opens up new avenues for growth and innovation. We are excited to contribute our expertise to KAP’s dynamic ecosystem and continue our mission of providing accessible life insurance solutions to customers nationwide.”
The strategic partnership between KAP and LifeQuotes signifies a shared commitment to innovation, customer satisfaction, and advancing the insurance industry landscape.
