Mergers & Acquisitions
Relation Insurance Services, Inc. Acquires the Assets of D’Amico, Santoro & Columbia Insurance and J. Phillips Hall Insurance, LLC.
Walnut Creek, CA., November 11, 2021—Relation Insurance Services, Inc. (“Relation”), one of the largest and fastest-growing national insurance agencies, announced today it acquired the assets of Connecticut-based D’Amico, Santoro & Columbia Insurance and J. Phillips Hall Insurance, LLC (together “D’Amico Insurance”). Terms of the transaction were not disclosed.
Located in Winsted, Connecticut, D’Amico Insurance is an independent agency providing commercial and personal insurance products to clients in Connecticut and the surrounding areas.
“We are excited to welcome the D’Amico Insurance team to Relation,” said Tim Hall, Executive Vice President and Head of Mergers and Acquisitions for Relation.
About Relation Insurance Services, Inc.
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 35 largest agencies in the country by revenue and has approximately 1,000 employees across more than 100 locations nationwide. Relation is a privately held corporation backed 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.
M&A CONTACT
Tim Hall, EVP & Head of M&A
Relation Insurance Services, Inc.
P: 312-714-7279