World Insurance Associates Acquires InterWeb Insurance
April 11, 2024
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.
- Buyers
- World Insurance Associates LLC
- Targets
- InterWeb Insurance
- Sellers
- InterWeb Insurance (owners Jack Pontolillo and Sheri Pontolillo)
- Industry
- Insurance
- Location
- Arizona, United States
- Transaction Type
- Buyout
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