Mergers & Acquisitions
Relation Insurance Acquires Laird Insurance Agency
Walnut Creek, Calif., January 17, 2023 — Relation Insurance Services, Inc. (“Relation”) has acquired the assets of Laird Insurance Agency (“Laird”). The transaction went into effect on January 3, 2023; terms of the transaction were not disclosed.
“We are really excited to join the Relation family. Partnering with Relation will give us an opportunity to provide expanded services to our clients with a broad array of insurance carriers and specialty programs,” Harvey McClendon, Co-Owner of Laird said.
Offering a full range of insurance products including property and casualty coverage, Laird Insurance Agency is based in Kilgore, TX. Owners Bobby Beane and Harvey McClendon will continue running the offices as a valuable part of the Relation family of brands.
“Harvey, Bobby, and their team of insurance professionals will complement Relation’s commitment to serving customers in the Central Region,” said Tim Hall, President of Relation. “Laird has a long track record of sustained success, and we are extremely proud to have them as part of Relation.”
About Relation’s Mergers & Acquisitions
Relation Insurance Services is actively seeking partnerships to expand its offerings, industry expertise, and geographic footprint. Relation offers a seat at the table to insurance entrepreneurs with equity ownership opportunities and a people-first approach that optimizes outcomes for employees and clients. For more information on joining the Relation family of brands, visit TeamRelation.com.
About Relation Insurance Services, Inc.
Relation Insurance Services is an insurance brokerage that offers superior risk management and benefits consulting services across the United States. It is ranked by Insurance Journal within the top 25 largest agencies in the country by revenue and has approximately 1,350 employees across more than 137 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.
Aaron Van Osdol, SVP M&A
Relation Insurance Services, Inc.