Relation Insurance Services, a prominent insurance brokerage firm, has acquired the assets of Illinois-based H Group Benefits, Inc., a health insurance agency. The transaction was finalized on June 30, 2024, though the terms were not disclosed.
Tim Hall, CEO of Relation Insurance Services, expressed his enthusiasm for the acquisition, stating, “H Group has an outstanding reputation in their community, and Relation is proud to welcome them aboard. Their experienced team strengthens our Employee Benefits consulting practice by providing comprehensive insurance solutions to our clients. We are excited to welcome them to our team.”
H Group Benefits, managed by David Heller, offers a full range of employee benefit insurance products. Heller will continue to lead the office under Relation Insurance Services.
Heller shared his thoughts on the acquisition, saying, “We were exploring ways to serve our clients in a more holistic way, and Relation was the right fit. Relation’s thoughtful, transparent culture and broad network of resources offer our clients access to the best coverage options and a superior service experience.”