Relation insurance services, an coverage brokerage that gives danger control advantages and third celebration administrator (tpa) consulting services via its own family of brands throughout the u.S., has entered right into a definitive settlement obtaining j. Deutsch buddies inc., a ny city-primarily based, privately owned and operated coverage corporation. Phrases of the transaction are undisclosed.
The transaction is predicted to deliver together complementary portfolios and deepen relation’s education solutions scholar medical health insurance services. Moreover, the purchase expands relation’s footprint inside the northeast. The acquisition is relation’s first in new york.
Founded in 1998, j. Deutsch pals offers coverage to international students and pupils inside the u.S. Via its international student protection (isp) supplying, but has additionally developed right into a complete-service brokerage offering commercial enterprise journey twist of fate coverage, institution life coverage, primary and voluntary unintentional loss of life and dismemberment insurance, statutory disability coverage, quick-time period disability insurance and long-term incapacity coverage.
Relation coverage offerings is a privately held enterprise. Alongside its personal fairness partners, parthenon capital and century fairness companions, the agency expects to continue its growth organically and via additional acquisitions.
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