Relation Insurance Services Expands with Acquisition of PT Business Solutions
Relation Insurance Services Expands with Acquisition of PT Business Solutions
Chicago – October 31, 2025 – Relation Insurance Services has successfully acquired PT Business Solutions, a move that significantly enhances its service offerings and market presence. While the terms of the deal remain undisclosed, this acquisition marks a strategic expansion for Relation Insurance Services.
Tim Hall, CEO of Relation Insurance Services, expressed enthusiasm about the acquisition. He noted that PT Business Solutions' reputation as a reliable partner aligns perfectly with Relation's strategic goals. “PT Business Solutions has been a trusted partner to their clients for decades, and we look forward to supporting them. We will also benefit from the knowledge and capabilities they will add to our services. It’s a great fit,” Hall stated.
Reflecting on the journey of PT Business Solutions, co-founder Chris Pontrelli shared insights into the company's origins. “When we founded our company more than 22 years ago, it was with a passion for providing superior service. By getting to know our clients’ unique needs, we could deliver better solutions for both owners and their employees,” Pontrelli commented. He views the acquisition as a continuation of their dedication to client-centric solutions.
Co-founder Raphy Timour emphasized the firm's adaptability to industry and regulatory demands, particularly highlighting the 2020 rebranding. “In 2020, we changed our name and our business model in response to clients increasingly seeking comprehensive solutions to help them attract and retain top talent while mitigating risks. This latest change gives us nationwide resources and capabilities to meet their needs like never before. We’re excited to be part of Relation,” Timour elaborated.
Based in South Pasadena, California, since 2003, PT Business Solutions has offered a wide range of services—including employee benefits, HR, payroll, workers’ compensation, and group retirement plans. Their industry expertise will bolster Relation Insurance Services' ability to meet diverse client needs.
Relation Insurance Services continues to seek strategic partnerships to broaden its service scope and geographical reach. Ranked among the top 25 largest insurance agencies by Insurance Journal, the company employs approximately 1,350 professionals across over 100 locations. Supported by Aquiline Capital Partners, a private equity firm with global investments in financial services and technology sectors, Relation remains committed to expanding its footprint in the insurance industry.
For additional information, please contact:
Maria Grimm
Relation Insurance Services
Maria.grimm@relationinsurance.com
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