WALNUT CREEK, Calif.–Relation Insurance Services, Inc. (“Relation”) acquired the assets of Garrity Insurance (“Garrity”). The transaction went into effect on November 1, 2022; terms of the transaction were not disclosed.
“We joined Relation knowing that this partnership would enable us to better serve our customers,” Bill Garrity, President of Garrity Insurance said. “Partnering with Relation will allow us to tap into great resources of specialized expertise and a broad network of carrier relationships to truly offer our customers the very best coverage.”
Serving Massachusetts individuals and businesses for more than 100 years, Garrity has five office locations including Cambridge (headquarters,) Dedham, Marblehead, Salem and Belmont. Bill Garrity, President, will continue running the day-to-day operations at the Garrity offices as part of the Relation family of brands.
“By partnering with such a reputable and experienced company as Garrity, Relation has greatly enhanced its footprint in the East,” Tim Hall, Executive Vice President and Head of M&A for Relation said, “Garrity brings tremendous experience in risk management solutions to Relation, and we are excited to welcome their team to ours.”
Source: Relation Insurance Services
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