World Insurance Associates Acquires Cindy Elbert Insurance Services

World Insurance Associates Acquires Ellsworth Corporation

September 18, 2023

Insurance

World Insurance Associates LLC acquired the business of Ellsworth Corporation of Metairie, Louisiana on September 1, 2023. The deal expands World’s insurance brokerage capabilities with Ellsworth’s specialties in surety & bonding, commercial marine, oil & gas insurance programs, construction bonds and workforce health benefits.

World Insurance Associates Acquires InterWeb Insurance

April 11, 2024

Insurance

World Insurance Associates LLC acquired the business of InterWeb Insurance of Lake Havasu City, Arizona, effective April 1, 2024; terms were not disclosed. The deal brings InterWeb’s commercial and E&O insurance capabilities into World’s national brokerage platform to expand product offerings and client service capabilities.

World Insurance Associates Acquires Archambault Insurance Associates

December 1, 2024

Insurance

World Insurance Associates LLC, a nationally ranked insurance brokerage, acquired the business of Archambault Insurance Associates of Putnam, Connecticut effective December 1, 2024. The family-owned, full-service agency will join World to expand the firm's presence in Connecticut; financial terms were not disclosed.

World Insurance Associates Acquires First International Insurance

October 1, 2024

Insurance

World Insurance Associates LLC acquired the insurance business of First International Insurance (a division of First International Bank & Trust) effective October 1, 2024; terms were not disclosed. FI Insurance — which operates 12 locations across North Dakota, Minnesota and Arizona and specializes in contractors, trucking, oil & gas, hospitality and agricultural lines — will operate as part of World to expand the acquirer's geographic footprint and product offerings.

World Insurance Associates Acquires Royalty Insurance Services

January 1, 2025

Insurance

World Insurance Associates LLC acquired the business of Royalty Insurance Services (Van Nuys, CA) effective January 1, 2025; terms were not disclosed. Royalty is a small specialty commercial trucking insurance brokerage with more than two decades of industry experience; MarshBerry advised World and Fennemore Law provided legal counsel to Royalty.

World Insurance Associates Acquires Business Contractors Insurance Services (BCIS)

September 1, 2024

Insurance

World Insurance Associates LLC acquired the business of Business Contractors Insurance Services (BCIS) of Santee, California, effective September 1, 2024; terms were not disclosed. The acquisition expands World’s presence in California and brings BCIS’s team and contractor-focused insurance capabilities into World’s national brokerage platform.