World Insurance Associates Acquires Affiliated Insurance Managers

World Insurance Associates Acquires Allied Partners Insurance, Inc.

March 2, 2023

Insurance

World Insurance Associates LLC (WIA), a Top 100 insurance brokerage, acquired Allied Partners Insurance, Inc. of Gaithersburg, Maryland on February 1, 2022. Terms were not disclosed; the deal expands World’s presence in the Washington, D.C. / Maryland market and brings Allied Partners’ personal and commercial insurance capabilities into World’s national platform.

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 AVI Insurance Group

December 15, 2023

Insurance

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.

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 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.

World Insurance Associates Acquires Archambault Insurance Associates

December 1, 2024

Insurance

World Insurance Associates LLC, a nationally ranked insurance brokerage, acquired the business of Archambault Insurance Associates of Putnam, Connecticut effective December 1, 2024. The family-owned, full-service agency will join World to expand the firm's presence in Connecticut; financial terms were not disclosed.