National insurance agency Relation Insurance Services has acquired Mobeck-Guandalini Insurance, a multi-line brokerage headquartered in Branford, Connecticut.
Christopher Guandalini will continue to lead Mobeck-Guandalini Insurance under Relation going forward.
Terms of the transaction were not disclosed.
Mobeck-Guandalini Insurance transaction adds to Relation’s presence in Connecticut. In April, Relation acquired Guilford-based Yerkes-Stephens Insurance, which was previously part of Nationwide Mutual’s exclusive distribution network. In 2021, Relation acquired The SIG Insurance Agencies in Middletown. It also owns Gary Blaustein Associates in Stamford and Southeast Agency in Jewett City
California-headquartered Relation is ranked by Insurance Journal within the top 25 largest agencies in the country by revenue and has approximately 1,200 employees across more than 125 locations nationwide. Relation is a privately held corporation backed by Aquiline Capital Partners, a private equity firm based in New York and London.
Was this article valuable?
Here are more articles you may enjoy.
Industry Reacts to Senators’ Letter for Claims Data and Recent Reports 
‘Unusual’ Isaias Brings Winds, Downed Trees But Fewer Claims Than Expected 
Banking Watchdogs Ramp Up AI Scrutiny as Stability Fears Mount, Sources Say 
Rider Dies, Others Hurt on Six Flags Roller Coaster in Georgia 
