Relation Insurance Services said late last month that it acquired Aon’s Albert G. Ruben, a brokerage for the entertainment industry for the last 65 years.
Terms of the deal were not disclosed.
The Albert G. Ruben name and team will be retained, including Managing Director George Walden and Senior Vice President John Galanis. The brokerage provides specialized insurance services to major film studios, independent production companies, Broadway, and multinational corporations.
Chicago-based Relation Insurance CEO Tim Hall said the company is “committed to building on their legacy by delivering exceptional service and innovative solutions to meet the unique needs of the entertainment industry.”
Relation and Sherman Oaks, California-based Albert G. Ruben said they are “poised to set a new standard for innovation and excellence in entertainment risk management, ensuring clients are equipped to navigate the complexities of a dynamic industry with confidence and success.”
“Relation’s personalized, relationship-driven approach aligns seamlessly with our commitment to delivering exceptional service,” added Walden. “Their dedication to fostering collaboration and preserving the culture that has been integral to our success gives our clients and employees confidence in this transition.”
Topics Aon
Was this article valuable?
Here are more articles you may enjoy.
AIG’s Zaffino: Outcomes From AI Use Went From ‘Aspirational’ to ‘Beyond Expectations’ 
CFC Owners Said to Tap Banks for Sale, IPO of £5 Billion Insurer 
Florida Regulators Crack the Whip on Auto Warranty Firm, Fake Certificates of Insurance 
Munich Re Unit to Cut 1,000 Positions as AI Takes Over Jobs 
