World Insurance Acquires New Jersey’s Coverage Specialists

Insurance brokerage World Insurance Associates reports that it has acquired Coverage Specialists, Inc. of Pompton Plains, New Jersey.

Coverage Specialists is a 35-year-old family-owned agency founded in 2010 that provides property/casualty insurance with a focus on the trucking and transportation industry.

Terms of the deal were not disclosed.

World Insurance Associates is headquartered in Iselin, New Jersey. Since its founding in 2011, World has completed 153 acquisitions and has more than 250 offices across the country.

Topics Mergers & Acquisitions New Jersey