First Niagara Risk Management has completed its transition to KeyBank, changing its name to Key Insurance & Benefits Services Inc. and promising FNRM customers greater access to a broader array of services. Key Insurance and Benefits offers risk management programs to
“We”™re excited to take the final step toward joining KeyBank as part of Key”™s acquisition of First Niagara Group,” said Kirk Jensen, KIB managing director and senior executive. The $4 billion acquisition, completed on July 29, created the 13th largest U.S.-based commercial bank.
“We”™re still evaluating all the ways we can tap KeyBank”™s resources to do even more for our clients,” Jensen said.
Headquartered in Cleveland, KeyBank has been making a concerted effort to expand its presence in Connecticut since the acquisition of Buffalo-based First Niagara.