World Insurance Associates Acquires Healey & Associates

World Insurance Associates Acquires Schlegel & Schlegel Insurance Brokers

July 6, 2023

Insurance

World Insurance Associates LLC acquired the business of Schlegel & Schlegel Insurance Brokers Inc. of West Yarmouth, Massachusetts, effective July 1, 2023; terms were not disclosed. The deal expands World’s presence in the Cape Cod / Massachusetts market and brings the four-person independent agency into World’s national brokerage platform.

World Insurance Associates Acquires Ellsworth Corporation

September 18, 2023

Insurance

World Insurance Associates LLC acquired the business of Ellsworth Corporation of Metairie, Louisiana on September 1, 2023. The deal expands World’s insurance brokerage capabilities with Ellsworth’s specialties in surety & bonding, commercial marine, oil & gas insurance programs, construction bonds and workforce health benefits.

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 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.

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 NorthStar Insurance Services

July 1, 2024

Insurance

World Insurance Associates LLC, a nationally ranked insurance brokerage headquartered in Iselin, New Jersey, acquired the business of NorthStar Insurance Services of Needham, Massachusetts, effective July 1, 2024. Terms were not disclosed; NorthStar (founded in 1995) is one of New England's larger independent insurance agencies providing business and personal insurance and risk management services.