Inszone Insurance Services has acquired Lexington Insurance Agency, marking its entry into the Kentucky market and continuing its growth across the Midwest and Southeast.
The deal closed this month and brings a well-established independent agency into Inszone's national network.
Lexington Insurance was founded in 1952 by Garvice Kincaid and has served the region for more than 70 years, offering personal, business, health and life insurance. The agency became employee-owned in 2004 and is known for providing clients with access to a broad range of carriers.
Under the leadership of owner Kevin Stinnett, the firm said it has focused on adapting to changing customer needs while maintaining a strong community presence.
Stinnett said the merger gives the agency new resources while preserving its local service. As a single-owner operation, growth posed challenges, but joining Inszone provides the scale needed to expand while allowing him to continue focusing on client relationships, he added.
Meanwhile, Chris Walters, Inszone's chief executive officer, said Lexington Insurance’s history and community reputation made it a natural fit for the company’s expansion strategy. He added that the partnership strengthens Inszone’s geographic reach while maintaining the client-first approach that has defined Lexington Insurance’s business.
Clients of Lexington Insurance will continue working with their existing agents, with the added benefit of Inszone’s expanded carrier relationships, technology platforms, and national support network.
Recent expansion moves
The Kentucky deal follows Inszone’s entry into the Montana market through the acquisition of Rocky Mountain Insurance Group, a benefits-focused agency founded in 2006 by Gena Gaub. Based in Montana, the firm has built its reputation on group health coverage and employee benefits.
In the Pacific Northwest, Inszone also recently added High Desert Insurance and Group, an independent agency based in Bend, Oregon. That transaction broadened Inszone’s portfolio of commercial, personal, and benefits insurance offerings in the region.
Market outlook
The acquisition highlights the ongoing consolidation trend in the US independent agency sector, where firms are seeking scale, technology access, and broader carrier relationships to remain competitive. Inszone has been an active buyer in recent years, using regional acquisitions to build its national footprint.
Industry observers noted that acquisitions like these allow national firms to combine local expertise with broader market resources, giving smaller agencies the capacity to compete in an environment marked by rising operational costs, evolving customer expectations, and heightened competition from insurtechs and direct-to-consumer carriers.
