World Insurance Associates Acquires Allied Partners Insurance, Inc.

World Insurance Associates Acquires Mid Atlantic Insurance Group

December 31, 2021

Insurance

World Insurance Associates LLC, a Top 100 insurance brokerage based in Tinton Falls, New Jersey, acquired Mid Atlantic Insurance Group, a Richmond, Virginia-based commercial wholesaler specializing in workers' compensation, on December 31, 2021. Terms were not disclosed; WIA said the acquisition will expand its carrier relationships and workers' compensation capabilities.

Charlesbank Capital Partners Invests in World Insurance Associates

April 1, 2020

Insurance

Funds affiliated with Charlesbank Capital Partners have made a majority growth investment in World Insurance Associates (WIA), a full-service insurance brokerage headquartered in Tinton Falls, New Jersey. WIA's management team and employee shareholders remain major shareholders; the capital will be used to accelerate WIA's organic growth and M&A expansion program. Financial terms were not disclosed and the transaction was expected to close in Q1 2020.

World Insurance Associates Acquires Bentsen Combies Insurance

June 1, 2020

Insurance

World Insurance Associates LLC (WIA), a nationally ranked insurance brokerage headquartered in Tinton Falls, New Jersey, acquired Bentsen Combies Insurance Inc. of East Greenwich, Rhode Island on June 1, 2020. The acquisition expands WIA’s national footprint and broadens coverage options and support for Bentsen Combies’ personal and commercial insurance clients; financial terms were not disclosed.

World Insurance Associates Acquires Airways International Insurance Services

May 1, 2020

Insurance

World Insurance Associates LLC (WIA), a Top 100 insurance brokerage based in Tinton Falls, New Jersey, acquired Airways International Insurance Services LLC (AIIS) of Mickleton, New Jersey on May 1, 2020; terms were not disclosed. The acquisition brings AIIS's aviation and marine insurance expertise and team into WIA as part of WIA's ongoing roll-up strategy to expand its capabilities and end-market coverage.

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 Gateway Agency National

September 1, 2020

Insurance

World Insurance Associates LLC (WIA), a nationally ranked insurance brokerage based in Tinton Falls, New Jersey, acquired Gateway Agency National of Highlands, New Jersey on September 1, 2020. The acquisition expands WIA's presence in the New Jersey market and will give Gateway access to WIA's broader resources and capabilities; terms were not disclosed.