World Insurance Associates Acquires Providence Financial, Inc.

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 Mazzotta Insurance Agency

March 1, 2020

Insurance

World Insurance Associates LLC (WIA), a nationally ranked full-service insurance brokerage based in Tinton Falls, New Jersey, acquired Mazzotta Insurance Agency of Providence, Rhode Island on March 1, 2020. The acquisition expands WIA's New England footprint and brings the long-running, family-owned Mazzotta agency into WIA's network to provide clients access to additional markets and services.

World Insurance Associates Acquires Affiliated Insurance Managers

April 1, 2024

Insurance

World Insurance Associates LLC acquired the business of Affiliated Insurance Managers (AIM) of Warwick, Rhode Island on April 1, 2024. The acquisition expands World’s regional footprint in Southern New England and brings AIM’s commercial and personal lines book and client relationships into World’s national brokerage platform; 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 AVI Insurance Group

December 15, 2023

Insurance

World Insurance Associates LLC acquired the business of AVI Insurance Group, LLC of Southington, Connecticut on December 1, 2023. AVI, a specialty agency focused on hospitality insurance for hotels and motels (and select commercial lines), will expand World’s hospitality capabilities and client offerings across its national brokerage platform.

World Insurance Associates Acquires Cohen Partners LLC

April 26, 2023

Insurance

World Insurance Associates LLC, a nationally ranked full-service insurance brokerage, acquired the business of Cohen Partners LLC of New York, NY on March 1, 2023. The deal expands World’s footprint and product offering in the New York market; terms were not disclosed.