Relation Insurance Services (RIS) announced on August 26 its acquisition of Bridlewood Insurance Services, Inc. assets. The transaction went into effect on August 1, 2025.
Bridlewood Insurance Services is an independent licensed insurance agency based in San Diego, California. Bridlewood specializes in Medicare coverage, including Medicare A and B, Medicare Advantage (part C), Medicare prescription drug (part D) and Medicare supplemental plans.
RIS is a privately held insurance brokerage that offers risk management and benefits consulting services across the U.S. The company has approximately 1,200 employees across more than 125 locations nationwide. RIS is backed by Aquiline Capital Partners, a private equity firm based in New York and London.
Jeff Wetzel, president and CEO of Bridlewood, will continue managing Bridlewood’s San Diego office and will provide Medicare expertise across the Relation footprint. Terms of the transaction were not disclosed.
According to data captured in the LevinPro HC database, this marks the 16th Managed Care transaction of 2025, as well as the seventh announced during the second half of the year. There were 27 Managed Care deals announced during full year 2024, 31 announced in 2023 and 45 announced during 2022.
