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World Insurance Associates moves closer to 200th acquisition 

Dawn Furnas//March 15, 2023

World Insurance Associates moves closer to 200th acquisition 

Dawn Furnas//March 15, 2023

Iselin-based World Insurance Associates landed on the 2022 NJBIZ Companies to Watch list, and for good reason. 

Already in 2023, the insurance firm has announced five acquisitions, marking more than 185 such deals since its founding in 2011. The company now serves customers from more than 250 offices across the United States. 

This year alone, WIA announced the following agencies joined its team. Terms of the deals were not disclosed: 

  • Jan. 1: K. Bell and Associates Inc., Cold Spring Harbor, N.Y. 
  • Feb. 1: Bearce Insurance Agency Inc., Brockton, Mass. 
  • March 1: Landscape Contractors Insurance Services Inc., Fresno, Calif.; Hadley & Lyden Inc., Winter Park, Fla.; and Henri D. Kahn Insurance Service LLC, Laredo, Texas 

World Insurance also closed out 2022 with a slew of buys, including three on Dec. 1 and four on Dec. 31, 2022. Those were: 

  • Dec. 1, 2022: Future Insurance Group, Schererville, Ind.; SJD Insurance Services Inc., Great Falls, Va.; and Katz/Pierz, Cherry Hill 
  • Dec. 31, 2022: Esten & Richard Agency Inc., Woonsocket, R.I.; Durfee Buffinton Insurance Agency Inc., Fall River, Mass.; Tomlinson & O’Neil Insurance Agency Inc., New Bedford, Mass.; and Volaris Insurance Group LLC, Tampa, Fla. 

With each move, World Insurance CEO and co-founder Rich Eknoian welcomed the teams to the company, assuring each firm’s clients of continued high levels of service. He added that, by joining World Insurance, the additions would be able to offer their clients “even more products and services.”