BayPine to acquire Relation Insurance Services from Aquiline.

BayPine, a Boston-based private investment firm, agreed to acquire Relation Insurance Services, a major American insurance brokerage and risk management firm, from Aquiline, a global private investment firm. Financial terms were not disclosed. "We are very excited to see Relation enter this next chapter of growth. It has been gratifying to support Tim and his team in transforming Relation into an industry leader," Thomas Lynch, Aquiline Principal.