Relation Insurance Acquires J. Deutsch to Deepen Student Health Insurance Portfolio.
M2 EQUITYBITES-February 7, 2019-Relation Insurance Acquires J. Deutsch to Deepen Student Health Insurance Portfolio
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7 February 2019 - California, US-based insurance brokerage Relation Insurance Services has entered into an agreement to acquire New York, US-based insurance agency J. Deutsch Associates, Inc. to expand Relation's student health insurance offering, the company said.
Terms of the transaction were not disclosed.
The transaction is expected to bring together complementary portfolios and strategically deepens Relation's Education Solutions student health insurance offerings. Additionally, the acquisition expands the company's footprint in the Northeast. The purchase is Relation's first in New York.
J. Deutsch Associates provides insurance to international students and scholars in the US through its International Student Protection offering, and has evolved into a full-service brokerage offering business travel accident insurance, group life insurance, basic and voluntary accidental death and dismemberment insurance, statutory disability insurance, short-term disability insurance and long-term disability insurance.
Relation Insurance Services offers risk-management, benefits, and TPA-consulting services through its family of brands across the United States. Relation is a privately held corporation that partners with private equity firms Parthenon Capital and Century Equity Partners, the company said.
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|Publication:||M2 EquityBites (EQB)|
|Date:||Feb 7, 2019|
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