Mergers & Acquisitions
Relation Insurance Services Acquires Jones & Lowe Insurance Agency
Walnut Creek, Calif., Tuesday, April 16 — Relation Insurance Services, Inc. (“Relation”) acquired the assets of Jones & Lowe Agency (“Jones & Lowe”). The transaction went into effect on March 1, 2024; terms of the transaction were not disclosed.
“We joined Relation knowing that this partnership would enable us to better serve our clients,” said Ted Higginbottom, President of Jones & Lowe Agency. “Relation’s resources of specialized expertise and their broad network of carrier relationships truly offer our clients the very best coverage.”
Offering a full range of insurance products including auto, home, business, commercial auto, farm & ranch, crop and livestock, Jones & Lowe is based in Bryan, Texas with an additional location in Brownfield, Texas. Owners Ted and Tracy Higginbottom will continue managing those offices as a valuable part of the Relation family.
“Jones & Lowe have built an outstanding reputation over the past 60 years and Relation is proud to welcome them to our team,” said Tim Hall, Chief Executive Officer for Relation. “Their team brings tremendous long-term relationships as well as experience in personal and commercial solutions to Relation. We are excited to welcome them to our team.”
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 relationinsurance.com/partner-with-us.
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.
M&A CONTACTS
Nicolas Luque, Senior Director M&A
Relation Insurance Services
P: 312-690-4146
[email protected]
Scott Borcher, Director M&A
Relation Insurance Services
P: 312-870-9263
[email protected]