WWorld Insurance Associates provides a broad mix of insurance products and financial services for individuals and businesses. Its offerings include auto, home, life, umbrella, valuables, and watercraft insurance, along with business planning, college funding, estate and retirement planning, insurance planning, and compliance consulting. The company guides clients through selecting appropriate policies and financial plans, emphasizing personalized service and expert advice. Revenue comes from selling insurance policies and delivering financial planning services, and the firm differentiates itself by offering customized, advisory-focused solutions and ongoing support rather than relying on scale alone. The goal is to help clients achieve better coverage and smarter financial planning through tailored guidance and ongoing service.
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Industries
Company Size
1,001-5,000
Company Stage
Growth Equity (Non-Venture Capital)
Total Funding
$1B
Headquarters
Tinton Falls, New Jersey
Founded
2011
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Total Funding
$1B
Above
Industry Average
Funded Over
1 Rounds
Novatae acquires trucking MGA Specialized Program Solutions. October 5, 2026 Novatae Risk Group, the wholesale division of World Insurance Associates, announced it acquired Specialized Program Solutions (SPS), a managing general agency (MGA) in Chester, New Jersey. Founded in 2022, SPS specializes in underwriting, marketing and program administration for long-haul trucking risks throughout the U.S. Christopher Daggett, chief executive officer of SPS, commented that SPS has aspired to transform the way trucking insurance is underwritten by combining technology, real-time data and underwriting discipline. He said joining Novatae allows the firm to "accelerate that vision." Terms of the Aug. 1, 2026 transaction were not disclosed. Iselin, New Jersey-based Novatae Risk Group is a specialty insurance brokerage, managing general agency and program manager providing brokers and their clients with insurance products and services for complex and hard-to-place risks across property, casualty, workers' compensation, cyber, professional, management, construction, environmental, garage, inland marine/ocean marine and more. Novatae is licensed in all 50 states and serves more than 6,000 clients from 43 offices across the U.S. World Insurance is ranked #14 on Insurance Journal's Top 100 Independent Property/Casualty Insurance Agencies list. Was this article valuable? Interested in insurance wholesale? Get automatic alerts for this topic.
World Insurance adds American Insurance Agency of mass. September 29, 2026 Global broker World Insurance Associates LLC announced that it acquired the business of American Insurance Agency ("American Insurance") of Hingham, Massachusetts on June 1, 2026. American Insurance, founded in 1991, specializes in construction, manufacturing, hospitality, restaurants, real estate, auto services, energy, entertainment and amusement, special events sectors, as well as skating and sports facilities. James J. Farren, owner, American Insurance Agency. said joining World will expand the products and services the agency can offer its clients. Giordano, Halleran & Ciesla provided legal counsel to World on the transaction. Mirick, O'Connell, DeMallie & Lougee, LLP provided legal counsel to American Insurance. Terms of the transaction were not disclosed. World Insurance, based in Iselin, New Jersey, is ranked #14 on Insurance Journal's Top 100 Independent Property/Casualty Insurance Agencies list. The agency serves clients from more than 250 offices across the U.S. and U.K. Was this article valuable?
World Insurance grows its presence in mass. With Hingham agency acquisition. September 28, 2026 by AC Editor Latest addition brings World's presence closer to the greater Boston area. World Insurance Associates' geographic footprint has expanded in Massachusetts after adding another independent insurance agency to its ranks. The company announced that as of June 1, 2026, it had acquired the business of American Insurance Agency of Hingham, MA. No further terms of the transaction were disclosed. "I'd like to extend a warm welcome to American Insurance as they join the World family," says Rich Eknoian, Executive Chairman and Founder of World. "This acquisition builds World's presence in the greater Boston area. I know American Insurance's business will continue to grow as part of World." Founded in 1991, American Insurance is a trusted insurance agency serving a diverse range of industries. The agency has developed specialized expertise in sectors including construction, manufacturing, hospitality, restaurants, real estate, auto services, energy, entertainment and amusement, special events, as well as skating and sports facilities. With decades of industry experience, American Insurance provides tailored insurance solutions that address each client's unique risks and coverage needs, helping businesses protect their operations and achieve long-term success. "We are experienced insurance professionals, and work with people every day to find the best insurance programs for their business needs," says James J. Farren, Owner, American Insurance Agency. "We are glad to be joining World and look forward to expanding the products and services we offer to our clients." Other new england agencies acquired by World Insurance. Headquartered in Tinton Falls, N.J., World Insurance Associates is a national financial services organization offering insurance and bonds, employee benefits, retirement plans, wealth management, private client services, and payroll and human resources solutions. The company also maintains specialized practices serving industries including agribusiness, construction, healthcare, hospitality, manufacturing, professional services, real estate, retail, transportation and nonprofit organizations. Founded in 2011, World has completed more than 200 agency acquisitions and now operates from more than 250 offices across the United States. Its acquisition-driven growth has placed the firm among the larger insurance brokerages nationally. The following is a list of acquisitions the company has made in our region over the past few years. 2026 agency acquisitions in new england. 2025 agency acquisitions in new england. 2024 agency acquisitions in new england. 2023 agency acquisitions in new england. 2022 agency acquisitions in new england.
World Insurance acquires New Jersey's TE Freuler agency. September 16, 2026 Insurance broker World Insurance Associates LLC announced that it has acquired the business of TE Freuler of Somerset, New Jersey. Terms of the June 1, 2026 transaction were not disclosed. TE Freuler, which also has an office in offices in Newark, has been providing commercial and personal insurance since 1963. Jack J. Butler is the agency's president. Giordano, Halleran & Ciesla provided legal counsel to World. Satin and Lee Law P.C. provided legal counsel, and Centurian Group advised TE Freuler on the transaction. World Insurance, based in Iselin, New Jersey, is ranked #14 on Insurance Journal's Top 100 Independent Property/Casualty Insurance Agencies list. The agency serves clients from more than 250 offices across the U.S. and U.K. Was this article valuable? Interested in mergers? Get automatic alerts for this topic.
World Insurance acquires New Jersey's Pellechio Family Agency. World Insurance Associates announced it acquired the business of Pellechio Family Agency of Parsippany, New Jersey on May 1, 2026. The Pellechio agency was founded in 2107. It offers commercial and personal insurance. Terms of the transaction were not disclosed. Giordano, Halleran & Ciesla provided legal counsel to World on the transaction. Castano Quigley Cherami provided legal counsel to Pellechio. World Insurance, based in Iselin, New Jersey, is ranked #14 on Insurance Journal's Top 100 Independent Property/Casualty Insurance Agencies list. The agency serves clients from more than 250 offices across the U.S. and U.K. Was this article valuable? Thank you! Please tell Lifeinsurance Orleans what Lifeinsurance Orleans can do to improve this article. Thank you! % of people found this article valuable. Please tell Lifeinsurance Orleans what you liked about it. Interested in mergers? Get automatic alerts for this topic.
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Industries
Company Size
1,001-5,000
Company Stage
Growth Equity (Non-Venture Capital)
Total Funding
$1B
Headquarters
Tinton Falls, New Jersey
Founded
2011
Find jobs on Simplify and start your career today