World Insurance Expands Portfolio with Acquisition of New Jersey’s Fidella Agency

World Insurance Associates has made headlines this week with the announcement of its acquisition of The Fidella Agency, located in Lakewood, New Jersey. This strategic move took place in September and marks a significant expansion for World Insurance.

Founded in 2011 by Joseph Deutsch, The Fidella Agency has carved a niche for itself in the realm of commercial property and real estate insurance. Deutsch emphasized the agency’s commitment to providing tailored services, stating, “We are an agency with the resources to handle the most complex national transactions, while recognizing that our clients are unique, and expect a direct and personalized approach when we evaluate their individual risk and liabilities to identify their specific coverage needs.” He further noted that joining forces with World Insurance will enhance their ability to offer a broader range of services and products to their clientele.

While the specific terms of the acquisition remain undisclosed, this marks the fourth acquisition by World Insurance in New Jersey since September, showcasing the agency’s aggressive growth strategy in the region.

Headquartered in Iselin, New Jersey, World Insurance Associates is a prominent player in the insurance industry, ranking #14 on Insurance Journal’s Top 100 Independent Property/Casualty Insurance Agencies list. With a robust network of over 300 offices across the United States and the United Kingdom, the agency is well-positioned to serve a diverse clientele.

Topics
Mergers & Acquisitions
New Jersey

World Insurance Associates has made headlines this week with the announcement of its acquisition of The Fidella Agency, located in Lakewood, New Jersey. This strategic move took place in September and marks a significant expansion for World Insurance.

Founded in 2011 by Joseph Deutsch, The Fidella Agency has carved a niche for itself in the realm of commercial property and real estate insurance. Deutsch emphasized the agency’s commitment to providing tailored services, stating, “We are an agency with the resources to handle the most complex national transactions, while recognizing that our clients are unique, and expect a direct and personalized approach when we evaluate their individual risk and liabilities to identify their specific coverage needs.” He further noted that joining forces with World Insurance will enhance their ability to offer a broader range of services and products to their clientele.

While the specific terms of the acquisition remain undisclosed, this marks the fourth acquisition by World Insurance in New Jersey since September, showcasing the agency’s aggressive growth strategy in the region.

Headquartered in Iselin, New Jersey, World Insurance Associates is a prominent player in the insurance industry, ranking #14 on Insurance Journal’s Top 100 Independent Property/Casualty Insurance Agencies list. With a robust network of over 300 offices across the United States and the United Kingdom, the agency is well-positioned to serve a diverse clientele.

Topics
Mergers & Acquisitions
New Jersey