Mergers & Acquisitions
Relation Insurance Services, Inc. Acquires the Assets of The Furman Co. Insurance Agency.
Walnut Creek, CA., September 28, 2021—Relation Insurance Services, Inc. (“Relation”), one of the largest and fastest-growing national insurance agencies, announced today it acquired the assets of South Carolina-based The Furman Co. Insurance Agency (“Furman Insurance”). Terms of the transaction were not disclosed.
Furman provides personal and commercial lines insurance solutions to clients throughout South Carolina and is headquartered in Greenville, South Carolina. Jennifer Hincapie and all Furman Insurance employees will join Relation and continue to operate out of the Greenville location.
“We are excited to welcome the Furman team to the Relation family,” said Tim Hall, Executive Vice President and Head of Mergers and Acquisitions for Relation. “The addition of Furman brings Relation additional strength in commercial lines products and industry-leading customer service to add to our existing footprint in South Carolina”
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.
Tim Hall, EVP & Head of M&A
Relation Insurance Services, Inc.