World Insurance Associates Acquires NorthStar Insurance Services

World Insurance Associates Acquires Young Insurance Agency Group

July 19, 2023

Insurance

World Insurance Associates LLC (World), a nationally ranked insurance brokerage headquartered in Iselin, New Jersey, acquired the business of Young Insurance Agency Group, Inc. of Portsmouth, Virginia effective July 1, 2023. Terms were not disclosed; World said the acquisition will allow Young Insurance to offer customers expanded products and services as part of World’s national platform.

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 Schlegel & Schlegel Insurance Brokers

July 6, 2023

Insurance

World Insurance Associates LLC acquired the business of Schlegel & Schlegel Insurance Brokers Inc. of West Yarmouth, Massachusetts, effective July 1, 2023; terms were not disclosed. The deal expands World’s presence in the Cape Cod / Massachusetts market and brings the four-person independent agency into World’s national brokerage platform.

World Insurance Associates Acquires Skylands Insurance Group

August 1, 2024

Financial Services

World Insurance Associates LLC acquired the business of Skylands Insurance Group (Flanders, NJ) effective August 1, 2024; terms were not disclosed. Skylands, founded in 2017, provides property, casualty, life and health insurance to businesses and individuals and will now operate as part of World, expanding World’s local footprint and product/service offerings.

World Insurance Associates Acquires Exchange Underwriters

December 1, 2023

Insurance

World Insurance Associates LLC (World), a national insurance brokerage headquartered in Iselin, New Jersey, acquired the business of Exchange Underwriters, Inc. of Washington, Pennsylvania on December 1, 2023. The acquisition expands World’s local footprint and product offering in the Pittsburgh region; MarshBerry advised World and Dowling Hales advised Exchange Underwriters.

World Insurance Associates Acquires TW Group, Inc.

January 4, 2024

Insurance

World Insurance Associates LLC acquired the business of TW Group, Inc., an independent insurance agency based in Westmont, Illinois, effective December 31, 2023. The acquisition expands World’s national footprint and adds TWG’s team of experienced insurance professionals across personal, business, life and health lines; terms were not disclosed.