Reinsurance News

Relation Insurance Services acquires G2 assets

22nd June 2022 - Author: Kassandra Jimenez-Sanchez

Relation Insurance Services (Relation), a privately held corporation backed by Aquiline Capital Partners, has acquired the assets of California-based G2 Insurance Services, an insurance brokerage firm.

handshakeThe transaction brings an established, high-growth insurance brokerage firm to Relation and expands the firm’s growing national footprint and areas of expertise.

The entire G2 team has joined Relation, with Bob Zenoni continuing to serve as President and COO of G2 Insurance. Founders Matthew and Jason Goldman will continue to drive growth and strategy, according to the announcement.

Joe Tatum, CEO of Relation, said: “Adding G2 Insurance to the Relation team will bring together a potent combination of forward-thinking people and best-in-class products and services to what is already one of the nation’s fastest-growing insurance platforms.

“G2 Insurance’s commitment to client service, expertise, and innovation fits seamlessly with Relation’s mission and culture.”

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Founded in 2012 by Matthew and Jason Goldman, G2 Insurance was formed to bring together the best of insurance, technology, and client service.

The firm describes itself as an industry leader in a variety of specialty areas, including nonprofit organisations, high-net-worth individuals, family offices and wealth advisory, commercial real estate, equine, and agribusiness.

Matthew Goldman, Principal/Co-CEO for G2, expressed keen enthusiasm on the transaction.

He said: “When Jason and I started G2 a decade ago, we set off to build a different kind of business by building community first. We brought together the best insurance experts, technology, and personalised service to help our clients better manage and mitigate new risks.

“We are deeply grateful to our clients and partners for their continued trust, and to our team for their unyielding commitment to advise wisely, service extraordinarily, and protect relentlessly. We are incredibly excited about this next chapter with Relation and the national platform, opportunities, and resources that will be available for our clients, partners, and team.”

Jason Goldman, Principal/Co-CEO for G2, added: “Joe has been a friend and mentor to us throughout our entire insurance career. He played a critical role during G2’s early years of formation.

“As our partner, Joe and Relation uniquely understand the specialness that a Goldman insurance entity brings to the table. We are confident that Relation will uphold G2’s values of providing quality, white-glove service and products to propel it to the next level.”

Tim Hall, Executive Vice President and Head of Mergers and Acquisitions for Relation, commented: “G2 provides leadership and added dimensions to our growing capabilities, including high-net-worth personal lines, nonprofit organisations, and other specialty segments.

“We are committed to our continued investment to create a best-in-class insurance brokerage.”

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