Relation Insurance Services Acquires Rummel Associates, Inc.

CHICAGO--(BUSINESS WIRE)--
Relation Insurance Services (“Relation”) acquired the assets of Rummel Associates, Inc. (“Rummel”). The transaction went into effect on January 31, 2025; terms of the transaction were not disclosed.

"Joining Relation enables us to expand the scope of services we offer to our clients," said Jared Rummel, Owner of Rummel. "Leveraging Relation's deep bench of expertise and broad carrier network, our clients will benefit from customized coverage options that meet their specific requirements."

Specializing in both commercial and personal insurance, Rummel is based in Chicago, Illinois. Jared will continue managing that office as a valuable part of the Relation family.

"Rummel is highly regarded in the Chicago area, and Relation is proud to have them join our organization," said Tim Hall, Chief Executive Officer for Relation. "Established in 1948, their agency offers longstanding relationships and extensive expertise in delivering comprehensive insurance solutions to their clients. We are thrilled to have them join 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 www.relationinsurance.com/partner-with-us.

About Relation Insurance Services

Relation Insurance Services is an insurance brokerage firm 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 100 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.

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Relation Insurance Services
Maria Grimm
maria.grimm@relationinsurance.com

Source: Relation Insurance Services