Insurance

Ascension Insurance Rebrands as Relation Insurance Services


WALNUT CREEK, Calif.–()–Ascension
Insurance
, a premier insurance brokerage that offers superior
risk-management, benefits, and TPA-consulting services through its
family of brands across the U.S., today announced it has changed its
name to Relation
Insurance Services
. The new name reflects the company’s commitment
to helping mid-market companies navigate the complex world of insurance
by building strong relationships and leveraging the combined mix of the
right people, partnerships, processes, and technologies.

The news comes after another impressive year for Relation, with strong
year-over-year revenue and EBITDA growth as the company continues to
expand organically and through strategic acquisition. Moreover, Relation
is making continued investments to aid its growth for 2018 and the years
to come.

“Our clients count on us to provide the solutions and services they need
through a wide variety of resources, all of which start with our strong
industry relationships,” said Chief Executive Officer, Joe Tatum. “We’re
able to deliver legendary service by connecting the dots between data,
analytics, industry experience, insurance expertise, and our strategic
partnerships. We’re very excited about our new name, as it speaks more
clearly to who we are as a company and how we conduct our day-to-day
business.”

“In a world of increasing complexity, close client relationships and
strategic carrier partnerships are only one part of the insurance
experience,” said Ed Page, Relation’s President and COO. “Clients need
brokers to stay ahead of the curve, provide intelligent, tailored
solutions backed by extensive experience, and apply technology and data
to drive efficiency, innovation, and a competitive edge. Coming off
another stellar year, our new name speaks to how perfectly suited we are
to help companies as they respond to the changing business environment,
and the risks that follow.”

In 2017, Relation (then known as Ascension Insurance, Inc.) was
recognized as a “2017 Elite Agency” by Insurance Business America
for the third year in a row, and was also named to Insurance Journal’s
2017 Top 100 Property/Casualty, as well as to Business Insurance’s
Top 100 Largest Brokers of U.S. Business.

About Relation

Relation Insurance Services, formerly Ascension Insurance, is a premier
insurance broker that offers superior risk-management and
benefits-consulting services through its family of brands across the
U.S. It is ranked by Insurance Journal within the top 45 largest
agencies in the country by revenue and has nearly 500 employees in more
than 30 locations nationwide. Relation is a privately held corporation;
alongside its private-equity partners, Parthenon Capital and Century
Capital Management, the company expects to continue its strong growth
trajectory through additional acquisitions and organic growth. Visit relationinsurance.com
for more information.



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