World Insurance Associates Acquires Offshore Risk Management
September 1, 2021
World Insurance Associates LLC (WIA), a Top 100 insurance brokerage headquartered in Tinton Falls, New Jersey, acquired Offshore Risk Management (ORM) of Cocoa, Florida on September 1, 2021. ORM is a specialist marine, aviation and specialty risks insurance broker serving global clients; terms were not disclosed. WIA said the deal expands its capabilities and reach in offshore marine and aviation insurance markets.
- Buyers
- World Insurance Associates LLC
- Targets
- Offshore Risk Management
- Industry
- Insurance
- Location
- Florida, United States
- Transaction Type
- Buyout
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