World Insurance Associates LLC Acquires United Brokerage Services International, Inc. of New York, NY

TINTON FALLS, NJ, February 4, 2019–World Insurance Associates LLC, an independent insurance agency headquartered in Tinton Falls, NJ, acquired United Brokerage Services International, Inc. (UBS) of New York, NY on January 1, 2019.

UBS formed as a partnership of Marine Adjusting, Engineering, and Property & Casualty insurance professionals. The company also specializes in insurance programs for the hospitality sector, construction, and group health plans. UBS International has insured hundreds of vessels for Hull and Machinery, using Average Adjusting to help reach equitable solutions on claims for its clients.

“We are excited to welcome United Brokerage Services International to our organization, and look forward to working with the UBS team,” said Rich Eknoian, CEO and co-founder of World Insurance Associates LLC.

Angelique Alicea, VP of Operations for UBS, stated, “Joining World Insurance Associates allows us to offer additional resources and capabilities, and we’re thrilled to provide greater value to our clients.”

World Insurance Associates LLC is an independent insurance agency headquartered in Tinton Falls, NJ. It offers extensive, cost-effective personal and business insurance solutions in 50 states. The company specializes in transportation, hospitality, self-storage facilities, construction (surety), manufactures, nonprofits, and law firms. World Insurance Associates also provides group benefits and property and casualty insurance to companies of all sizes in a variety of industries in addition to insurance services for individuals, focusing on coastal properties and high net worth clients. World Insurance Associates began business in 2012, has completed 35 acquisitions, and serves its customers from 22 offices in NJ, PA, NY, CT, RI, ME, OH, FL, and Washington DC. The company is ranked #15 on the 2018 NJBIZ 50 Fastest Growing Companies in NJ and #6 in New Jersey's Top Insurance Brokerages, also by NJBIZ. World Insurance Associates made the 2018 Inc. 5000 list at #1680, has been named a Top 100 Independent Property/Casualty Agency by Insurance Journal, and is a Business Insurance 2018 Best Place to Work.

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If you would like more information about this topic, please contact Rich Eknoian at 732-523-2106 or email richeknoian@worldins.net.