World Insurance Associates Acquires Circle Insurance Agency Inc.

Iselin, NJ, Oct. 27, 2022 (GLOBE NEWSWIRE) — World Insurance Associates LLC (“WIA”), a Top 50 insurance brokerage, announced today that it has acquired Circle Insurance Agency Inc. of Danvers. (“Circle Insurance”) has acquired, MA on October 1, 2022. Terms of the transaction were not disclosed.

Founded in 1989 by James M. Holbrook, Circle Insurance has grown into a full-service insurance agency providing coverage in personal and commercial lines, as well as financial services.

“We are committed to the highest quality in what we do to build a relationship of mutual trust and service with each of our clients,” says Christine Freire, president of Circle Insurance Agency, Inc. A company that shares that commitment. “

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Mike Holbrook, president of Circle Business Insurance Inc., said, “As a result of joining World, we can offer even more products and services to our clients.

“On behalf of everyone at WIA, I’d like to welcome Circle Insurance to the global family,” says WIA CEO and Co-Founder, Rich Ecwin. “As a result of this acquisition, World expands its presence in eastern Massachusetts, southern New Hampshire, and Maine.”

Giordano, Halleran & Ciesla provided legal counsel to WIA, and Connor Group advised them on the transaction. McInnis Law Offices provided legal counsel to Circle Insurance. No other advisors, due diligence firms or legal counsel have been disclosed.

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About World Insurance Associates LLC
World Insurance Associates LLC (World) is headquartered in Iselin, NJ, and is a nationally ranked, full-service insurance organization providing personal and commercial insurance, employee and executive benefits, retirement and financial services to individuals and businesses. It provides top quality products and services. Human capital management solutions. Since its founding in 2011, World has completed 161 acquisitions and serves its clients from more than 250 offices across the United States. Ranked #34 in the world on the 100 Largest Brokers in the US Business List by Business Insurance, #2 on the Fastest Growing Brokers List by Business Insurance, Fastest by Business Insurance Ranked #3 on the Growing Profits Brokers list, ranked #24. Top 100 P&C Agencies by Insurance Journal, and Top 50 Ranked Personal Lines Agency by Insurance Journal. For more information, please visit www.worldinsurance.com.

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CONTACT: Jean Wiskowski, Chief Marketing Officer World Insurance Associates LLC 732-380-0900 Ext. 736 [email protected] Bradley Unger, Senior Vice President, Business Development World Insurance Associates LLC 732-712-2230 Ext. 186 [email protected]

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