At-Bay acquires Relay to accelerate the future of specialty insurance

Torys acted as counsel to Relay with a team that included Konata Lake, Kirsten Hentschel and Max Schwartz-Labell (corporate/M&A), Ed Fan (IP), Ellie Kang and Tom Stevenson (employment), Andrew Silverman, Michelle Lu, Chris Saki and Benjamin Mann (tax).

On August 22, 2022, At-Bay, Inc. (“At-Bay”) announced the acquisition of Relay Platform Inc. (“Relay”). Terms were not disclosed.

Further information can be found on Business Wire’s website.

Relay is a technology solutions provider, built for brokers and agents, enabling the digital transformation of commercial insurance placements. It equips brokers and agents with an interface to easily add specialty lines to their client proposals. They fill a unified application form, use the application to collect quotes instantly or through an enhanced email process, creating proposals automatically.

At-Bay is the insurance provider for the digital age. At-Bay is backed by Acrew Capital, Glilot Capital, the HSB fund of Munich Re Ventures, Icon Ventures, ION Crossover Partners, Khosla Ventures, Lightspeed Venture Partners, M12, entrepreneur Shlomo Kramer, and Qumra Capital.