Building on news that it acquired an Indiana firm, Tinton Falls-based World Insurance Associates LLC said July 9 it acquired Bentsen Combies Insurance Inc. of East Greenwich, R.I. on June 1, 2020. Terms of the transaction were not disclosed.
“Bentsen Combies has an outstanding reputation within the community,” said Rich Eknoian, chief executive officer and co-founder of World Insurance Associates. “We welcome Bentsen Combies to our World team and look forward to growing together.”
Bentsen Combies is an independent insurance agency that has been serving the local community since 1946. The company provides clients with comprehensive personal, business, health, and life insurance solutions to fit their specific needs.
Giordano, Haleran & Ciesla PC provided legal counsel to WIA and Scali Group advised the company on the transaction. Legal counsel for Bentsen Combies was not disclosed.
Since its founding in 2012, WIA has completed 65 acquisitions, allowing it to serve customers from 49 offices across 12 states and Washington, D.C.