Crestfield Risk announces launch

Crestfield Risk, a partnership platform that “unites and supports leading independent insurance agencies” across the US, has announced its official launch.

Founded by the former CEO of Keystone Agency Partners Jeff Turner, Crestfield will look to acquire independent agencies while providing resources, insights, and growth opportunities. The company claims that it will offer a co-ownership model that includes equity ownership at both the agency and holding company level.

Crestfield is backed by The Vistria Group, a private investment firm.

“Independent insurance agencies are part of the backbone of their communities, providing trusted risk management services. In partnership with The Vistria Group, we are launching Crestfield Risk to help independent insurance agencies fuel their continued success and amplify their impact by fostering a collegial environment rooted in principled service and shared aspirations.” – Jeff Turner, Founder and CEO of Crestfield Risk.

“Crestfield Risk stands out because of its deep focus on enabling long-term agency prosperity. We are excited to partner with Jeff and support Crestfield Risk’s trailblazing platform that strengthens agencies’ abilities to deliver for their clients and communities.” – Mike Castleforte, Senior Partner and Co-Head of Financial Services at The Vistria Group.

“We are thrilled to partner with Crestfield Risk and deliver best-in-class resources to agency leaders. At The Vistria Group, we pride ourselves on having deep industry knowledge in the sectors where we invest. Jeff’s extensive experience and strong reputation in the industry make him an ideal partner for us and for leading independent insurance agencies.” – Boris Rapoport, Senior Partner and Co-Head of Financial Services at The Vistria Group.