Relation Acquires Allen Insurance Group
Sica | Fletcher advises Allen Insurance Group, Inc. (“Allen”) in its sale to
Relation Insurance Services (“Relation”).

allen.PNG

Overview of Transaction

  • Founded in 1952, Allen is a trucking/transportation-related retail insurance agency located in Fort Valley, Georgia.

  • The Company’s largest block of business is through its daily rental program (business auto) for leasing companies renting commercial trucks and trailers. Allen’s second exclusive program is a modular container program (general liability) for lessors of semi-trucks/modular units. Both programs are endorsed by major leasing franchises and associations in the industry

  • Allen agreed to partner with Relation, a top 40 National Insurance Broker headquartered in Walnut Creek, CA.

Significance of Transaction

  • Allen’s specialty expertise allows Relation the opportunity to expand its offerings across its national network. The transaction is the latest in a string of acquisitions made by Relation in the trucking/transportation space.

  • With the support of Relation’s resources and access to previously unavailable prospects, Allen has an opportunity for significant growth.

Sica | Fletcher's Role 

  • Sica | Fletcher was hired to serve as exclusive strategic and financial advisor to Allen and explored multiple options for the firm before partnering with Relation.

  • Transactions such as this one demonstrate why Sica | Fletcher continues to rank #1 in the agency and brokerage advisory space.

Logo-Final-White.png