World Insurance Associates Acquires Sprague Israel Giles

August 1, 2024

World Insurance Associates LLC acquired the business of Sprague Israel Giles, Inc. (SIG) of Seattle, Washington effective August 1, 2024; terms were not disclosed. The acquisition expands World’s footprint into Washington and adds SIG’s commercial property & casualty, employee benefits, personal lines and specialty programs (including naturopath and Cannabis/CBD insurance) to its national brokerage platform.

Buyers
World Insurance Associates LLC
Targets
Sprague Israel Giles, Inc.
Sellers
John Policar, Rob Karl, Marnie White, Monica Cripe, Matt Conroy
Industry
Insurance
Location
Washington, United States
Transaction Type
Buyout

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