World Insurance Associates Acquires Owens Insurance Agency and Stokes Farnham Insurance Agency

World Insurance Associates Acquires Flanagan Associates, LLC

November 1, 2020

Insurance

World Insurance Associates LLC, a nationally ranked insurance brokerage based in Tinton Falls, New Jersey, acquired Flanagan Associates, LLC of North Haven, Connecticut effective November 1, 2020. The acquisition expands World’s local presence and service offerings in personal, commercial, and life insurance; terms were not disclosed.

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 Mossbrook & Hicks Insurance Agency

August 1, 2025

Insurance

World Insurance Associates LLC, a national insurance brokerage, acquired the business of Mossbrook & Hicks Insurance Agency of Cape May Court House, New Jersey, effective August 1, 2025. The acquisition brings the long-established local agency into World’s national network to expand product access and service capabilities for Mossbrook & Hicks’ individual and business clients; terms were not disclosed.

World Insurance Associates Acquires Calhoun Agency

December 15, 2023

Insurance

World Insurance Associates LLC acquired the business of Calhoun Agency, Inc. (Haddonfield, New Jersey) effective December 1, 2023; terms were not disclosed. Calhoun, founded in 1926, serves individual and business insurance clients in New Jersey and Pennsylvania and will join World’s national brokerage platform. Advisors to the deal included Giordano, Halleran & Ciesla and Hagner & Zohlman, LLC; Fortrust Diligence advised World.

World Insurance Associates Acquires Foy Insurance Group

January 17, 2024

Insurance

World Insurance Associates LLC acquired the business of Foy Insurance Group of Exeter, New Hampshire on December 1, 2023. Foy is a century-old New England insurance agency with offices in three states offering personal and commercial insurance and specialty programs; terms were not disclosed.

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.