World Insurance Associates Acquires AVI Insurance Group
December 15, 2023
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.
- Buyers
- World Insurance Associates LLC
- Targets
- AVI Insurance Group, LLC
- Sellers
- AVI Insurance Group, LLC
- Industry
- Insurance
- Location
- Connecticut, United States
- Transaction Type
- Buyout
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