Relation Insurance Services, which is backed by Aquiline Capital Partners, has acquired Tulsa, Oklahoma-based Premier Consulting Partners, an insurance brokerage. No financial terms were disclosed.
WALNUT CREEK, Calif.–(BUSINESS WIRE)–Relation Insurance Services (“Relation”), a privately owned insurance brokerage that offers property and casualty, risk management, employee benefits, and TPA-consulting services through its family of brands across the United States, announced today it has acquired Premier Consulting Partners (“Premier”), a privately owned insurance brokerage based in Tulsa, Oklahoma. Founded in 2014 by CEO Russell Brown, Premier offers 360° strategic solutions in, among other things, employee benefits, property and casualty, risk management, and human resource services.
This acquisition further expands Relation’s national footprint and is its first acquisition in Oklahoma. Premier has approximately 40 employees based in the Tulsa area. Under Brown’s leadership, Premier will spearhead Relation’s expansion into the central U.S. region, leveraging Premier’s platform and experienced team to support that effort.
“Premier brings a strong track record of growth, specialized experience, and a dynamic leadership team, who will be the driving force in creating a new hub for Relation in the region. We are excited to expand our footprint into Oklahoma and to partner with Premier to extend services to families and businesses in the Tulsa area and surrounding markets,” said Joe Tatum, CEO of Relation Insurance Services. “We are thrilled the Premier team will be joining the Relation family.”
“The underpinning of our success has been finding excellent people in the business who bring intelligence, deep industry experience, and fun to serving our clients,” said Russell Brown, CEO of Premier. “This philosophy has shaped our culture and fueled our success, and we saw deep alignment with Relation, as well as a shared desire for expansion. We look forward to leveraging Relation’s specialized services to fuel growth and augment the great services we already offer to our clients.”
The acquisition of Premier is Relation’s fourth this year, as the company moves to continue deepening its specialty service offerings, broadening its national footprint, and continuing its steady trajectory of organic and inorganic growth.
About Relation Insurance Services
Relation Insurance Services is an insurance brokerage that offers superior risk-management and benefits-consulting services through its family of brands across the United States. It is ranked by Insurance Journal within the top 40 largest agencies in the country by revenue and has nearly 500 employees in more than 30 locations nationwide. Relation is a privately held corporation owned 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.
About Premier Consulting Partners
Premier Consulting Partners is a full-service insurance brokerage and risk management firm headquartered in Tulsa, Oklahoma. Premier provides a full suite of P&C, employee benefits, HR consulting and wealth management products and services to commercial and personal clients. Premier is a privately held company with over 40 employees serving businesses and individuals in and around the Tulsa community.
Visit: www.premier-cp.com for more information.