WALNUT CREEK, Calif.–Relation Insurance Services (“Relation”) acquired the assets of Elite Insurance Agency, Inc. (“Elite Insurance”). The transaction went into effect on April 1, 2024; terms of the transaction were not disclosed.
“Joining Relation enables us to better serve our clients,” said Yechiel Bromberg, Owner of Elite Insurance. “Relation’s specialized expertise and broad network of carrier relationships truly offer our clients access to the best options for coverage that fits their needs.”
Offering a full range of insurance products including employee benefits, commercial insurance, and high-net-worth personal insurance, Elite Insurance is based in Brooklyn, New York. Yechiel Bromberg will continue managing that office as a valuable part of the Relation family.
“Elite Insurance has built an outstanding reputation in their community and Relation is proud to welcome them aboard,” said Tim Hall, Chief Executive Officer for Relation. “Their team brings tremendous long-term relationships as well as deep experience in providing comprehensive insurance solutions to their clients. We are excited to welcome them to our team.”
Source: Relation Insurance Services
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