Relation Insurance Services acquires the assets of Insley Insurance and Financial Services, Inc. | Business

0

WALNUT CREEK, Calif .– (BUSINESS WIRE) – September 29, 2021–

Relation Insurance Services, Inc. (“Relation”), one of the largest and fastest growing national insurance agencies, today announced the acquisition of the assets of Insley Insurance and Financial Services, Inc., based in Delaware (“Insley Insurance”). Terms of the transaction were not disclosed.

Based in Newark, Delaware, Insley Insurance is an independent agency that has provided business, personal, life, health and financial products to clients in Delaware and surrounding areas for nearly 35 years. Harry “T” Insley, Jr., president, and the rest of the Insley Insurance team will join Relation and continue to operate from the Newark, Delaware office.

“Insley Insurance is a great strategic fit for Relation and we are delighted that they have joined Relation,” said Tim Hall, executive vice president and head of mergers and acquisitions for Relation. “The Insley family have built a tremendous business and will be instrumental in growing our presence in the Mid-Atlantic region and our position in the market.”

“Relation’s enjoys a solid reputation in the industry and we are delighted to join a growing company,” said Insley. “Relation’s commitment to our market, access to carriers, as well as operations and support will further drive our growth. “

About Relation Insurance Services, Inc.

Relation Insurance Services is an insurance brokerage firm that provides superior risk management and employee benefits consulting services through its family of brands across the United States. It is ranked by Insurance Journal among the top 35 agencies in the country by revenue and has approximately 1,000 employees at more than 100 sites nationwide. Relation is a private company backed by Aquiline Capital Partners, a New York and London-based private equity firm that invests in companies around the world in financial services and technology. Visit: www.relationinsurance.com for more information.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20210929005100/en/

CONTACT: Relationship Assurance Services, Inc.

Georgia Williams

[email protected]

(919) 847-1839 M&A CONTACT

Tim Hall, Executive Vice President and Head of Mergers and Acquisitions

Relationship Assurance Services, Inc.

Phone. : 312-714-7279

E: [email protected]

KEYWORD: CALIFORNIA DELAWARE UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: PROFESSIONAL INSURANCE SERVICES

SOURCE: Relationship Assurance Services, Inc.

Copyright Business Wire 2021.

PUB: 09/29/2021 8:00 a.m. / DISC: 09/29/2021 8:03 a.m.

http://www.businesswire.com/news/home/20210929005100/en

Copyright Business Wire 2021.


Source link

Leave A Reply

Your email address will not be published.