World Insurance Associates Acquires Connecticut’s Flanagan Associates

World Insurance Associates LLC (WIA) has acquired Flanagan Associates LLC of North Haven, Conn., on November 1, 2020. Terms of the transaction were not disclosed.

Established more than 30 years ago, Flanagan Associates has more than three decades of experience in personal, commercial and life insurance. The team at Flanagan Associates works with regional and national insurance carriers to provide the coverage and customer service.

WIA is headquartered in Tinton Falls, N.J., and is a full-service insurance brokerage providing asset and lifestyle protection with risk management, insurance and benefit consulting services for individuals and businesses. Since its founding in 2012, WIA has completed 85 acquisitions and serves its customers from 78 offices in 17 states and Washington, D.C.

Giordano, Halleran & Ciesla provided legal counsel to WIA on the transaction. Brenner, Saltzman & Wallman provided legal counsel to Flanagan Associates on the transaction. No other advisors, diligence firms or legal counsel were disclosed.

Source: World Insurance Associates LLC