Insurance brokerage Relation Insurance Services reports it has acquired the assets of York Insurance Services, Inc. in Forest Hill, Maryland.
The transaction went into effect on May 31, 2024. Terms of the transaction were not disclosed.
York owner Butch Tilley will continue managing the office.
Relation continues to actively seek partnerships to expand its geographic footprint. Relation is ranked by Insurance Journal within the top 25 largest agencies in the country by revenue. It 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.
Topics Mergers & Acquisitions Maryland
Was this article valuable?
Here are more articles you may enjoy.
20 Years After Hurricane Katrina: Are Insurers Ready for a Different $100B Disaster? 
Fla. Supreme Court Reverses Lower Court on Compensability of a Workplace Shooting 
Damaged Manhattan Tower Owner to Reconstruct 15 Floors After Evacuation 
CSU Lowers Atlantic Hurricane Forecast to ‘Well Below Normal’ 
