Tinton Falls-based World Insurance Associates LLC on July 15 announced it acquired McCue Captains Agency of Little Silver on July 1, 2021. Terms of the transaction were not disclosed.
McCue Captains Agency was founded in 1927 as a local independent insurance agent. It specializes in property, liability, life and benefits insurance for both business and personal needs.
“Because of our relationships with many of today’s top national and regional insurance companies, we are able to offer a wide range of products and plans that provide our clients with peace of mind,” says Robert Aitkens, president of McCue, in a prepared statement. “Joining World gives us the opportunity to expand our national presence while continuing to personally serve our current and future clients.”
“McCue is a respected company that provides personal service to their clients,” says Rich Eknoian, chief executive officer and co-Founder of WIA. “I know they will continue to do so as part of the World family.”
Giordano, Halleran & Ciesla provided legal counsel to WIA, and Agency Brokerage Consultants (ABC) was used for diligence. Ansell Grimm & Aaron PC provided legal counsel to McCue. No other advisors, diligence firms or legal counsel were disclosed.
Since its founding in 2012, WIA has completed 107 acquisitions and serves its customers from more than 137 offices in the U.S. Most recently WIA acquired Crossland Insurance Agency of New Iberia, La. and Family Tree Insurance Solutions Inc. (Family Tree) of Topeka, Kan.