Relation Insurance buys out Premier Consulting Partners

Relation Insurance buys out Premier Consulting Partners | Insurance Business

Relation Insurance buys out Premier Consulting Partners

Relation Insurance Services has acquired Premier Consulting Partners in Tulsa, OK, a privately-owned insurance brokerage.

Founded in 2014, Premier offers insurance solutions such as employee benefits, property and casualty, risk management, and human resource services. Premier has about 40 employees, led by founder and CEO Russell Brown.

A release said that the acquisition further expands Relation’s national footprint, and it is the company’s first acquisition in Oklahoma; Premier will lead Relation’s expansion into the central US region.

“Premier brings a strong track record of growth, specialized experience, and a dynamic leadership team, who will be the driving force in creating a new hub for Relation in the region,” said Relation Insurance Services CEO Joe Tatum.

“The underpinning of our success has been finding excellent people in the business who bring intelligence, deep industry experience, and fun to serving our clients,” added Premier CEO Russell Brown.

Brown explained that his company’s philosophy in selecting “excellent people” has shaped Premier’s culture, and the team sees something similar in Relation’s dynamic. Both companies also share a desire for expansion, the executive added.

“We look forward to leveraging Relation’s specialized services to fuel growth and augment the great services we already offer to our clients,” he said.