TMCnet News
Relation Insurance Expands Midwest Presence with Acquisition of Mertz Insurance GroupRelation Insurance Services ("Relation"), a privately owned insurance brokerage that offers property and casualty, risk management, employee benefits, and TPA-consulting services through its family of brands across the United States, announced today it has acquired the assets of Mertz Insurance Group ("Mertz"). Terms of the transaction were not disclosed. With operations in Omaha, Nebraksa and Overland Park, Kansas, Mertz is a privately-owned insurance brokerage firm that offers property and casualty insurance and risk management services to the organized labor, labor unions and public entity sectors. The addition of Mertz provides new sector expertise to Relation's Central Region and strengthens its existing capabilities. Pat Mertz andPaul Dylla join Relation's Central Region and report to Russell Brown, President of the region. Relation was formed in 2007 and is one of the nation's leading independent insurance agencies. For more information on partnering with Relation, visit www.relationinsurance.com/about-us/mergers-and-acquisitions/. About Relation Insurance Services Relation Insurance Services is an insurance brokerage that offers superior risk-management and benefits-consulting services through its family of brands across the United States. It is ranked by Insurance Journal within the top 40 largest agencies in the country by revenue and has over 500 employees in more than 35 locations nationwide. Relation is a privately held corporation owned by Aquiline Capital Partners, a private equity firm based in New York and London investing in businesses globally across financial services and technology. Visit: www.relationinsurance.com for more information.
View source version on businesswire.com: https://www.businesswire.com/news/home/20201201005186/en/ |
