Mergers & Acquisitions
Relation Insurance acquires the assets of Hasty Insurance Agency
Walnut Creek, CA., July 7, 2021—Relation Insurance Services, Inc. (“Relation”), one of the largest and fastest-growing national insurance agencies, announced today it acquired the assets of North Carolina-based Hasty Insurance Agency, Inc. (“Hasty”). Terms of the transaction were not disclosed.
Hasty Insurance Agency provides personal lines and commercial lines insurance solutions to clients throughout North Carolina and has multiple locations throughout the state. Andy Bleggi will continue his leadership role at Hasty.
“Andy has built a strong operation and we are pleased to have the Hasty team join Relation,” said Tim Hall, Executive Vice President and Head of Mergers and Acquisitions for Relation. “This addition further strengthens our already strong North Carolina footprint and provides the Hasty team new products and services to offer their clients.”
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 825 employees across more than 75 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