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Relation Insurance Services Expands into Agribusiness with Crop Rx Deal

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Relation Insurance Services, a Chicago‑based brokerage with over 90 outlets, has just acquired Crop Rx Insurance Services, the Fresno‑based firm that supplies federal crop insurance to growers. The deal, financed by Aquiline Capital Partners, was completed without a disclosed price. CEO Michael Klepper leads Crop Rx, founded in 2014. This move expands Relation's footprint into the agribusiness sector and strengthens its product mix.

Crop Rx has served growers across California since 2014, building a niche portfolio of state‑backed policies. By adding Crop Rx, Relation gains access to a specialized client base and a new revenue stream that complements its commercial and specialty lines. The acquisition signals a broader trend of consolidation in the insurance brokerage arena in the U.S. market for growth.

Relation’s network now spans 90 locations nationwide, positioning it as a formidable player in both commercial and agricultural insurance. Investors will watch how the integration affects earnings, while growers anticipate smoother policy access. The deal also underscores Aquiline Capital Partners’ strategy to back firms that diversify risk across sectors and drive long‑term profitability across its portfolio for shareholders and clients.