World Insurance Associates Acquires Oakwood Insurance Agency (Insure Big Rig)

World Insurance Associates Acquires Royalty Insurance Services

January 1, 2025

Insurance

World Insurance Associates LLC acquired the business of Royalty Insurance Services (Van Nuys, CA) effective January 1, 2025; terms were not disclosed. Royalty is a small specialty commercial trucking insurance brokerage with more than two decades of industry experience; MarshBerry advised World and Fennemore Law provided legal counsel to Royalty.

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 Owens Insurance Agency and Stokes Farnham Insurance Agency

January 1, 2025

Insurance

World Insurance Associates LLC acquired the business of Owens Insurance Agency and Stokes Farnham Insurance Agency of upstate South Carolina, effective January 1, 2025. Terms were not disclosed; the deal brings the two local agencies into World’s national brokerage network to expand product access and services for commercial, personal, life and health clients in the Greenville/Travelers Rest area.

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 United Counties Insurance Group

November 13, 2024

Insurance

World Insurance Associates LLC acquired the business of United Counties Insurance Group (Old Bridge, New Jersey) effective August 1, 2024; terms were not disclosed. The deal expands World’s personal and commercial insurance footprint in New Jersey and enables United Counties to offer additional products and services through World’s national platform.

World Insurance Associates Acquires J.K. Olivieri Insurance Agency

February 8, 2022

Insurance

World Insurance Associates LLC (WIA) acquired J.K. Olivieri Insurance Agency, Inc. of Middleboro, Massachusetts on December 1, 2021; terms were not disclosed. The acquisition brings J.K. Olivieri's personal (auto/home) and commercial insurance book into World’s network, expanding World’s regional footprint and enabling the agency to offer additional products and services to its clients.