Relation Insurance Services has announced it has acquired Albert G. Ruben, a well-known insurance brokerage specializing in the entertainment industry. Albert G. Ruben has been serving clients for 65 years and was previously part of Aon. The terms of the deal have not been made public.
The Albert G. Ruben name will stay the same, and the team, including Managing Director George Walden and Senior Vice President John Galanis, will continue in their roles. The brokerage offers insurance services tailored to major film studios, independent producers, Broadway shows, and large international companies.
Tim Hall, CEO of Relation Insurance, based in Chicago, said the company plans to build on Albert G. Ruben’s long history by providing excellent service and creative insurance solutions for the entertainment world. Both companies, with Albert G. Ruben located in Sherman Oaks, California, expressed confidence that together they will raise the bar for risk management in the entertainment field and help clients succeed in an ever-changing industry.