World Insurance Associates announced this week that it acquired the business of The Fidella Agency of Lakewood, New Jersey in September.
Fidella was founded in 2011 by Joseph Deutsch. The agency specializes in commercial property/real estate insurance.
“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,” said Deutsch. “Joining World, gives us the ability to provide additional services and products to our customers.”
Terms of the transaction were not disclosed.
This is the fourth New Jersey acquisition that World Insurance has announced since September.
World Insurance, based in Iselin, New Jersey, is ranked #14 on Insurance Journal’s Top100 Independent Property/Casualty Insurance Agencies list. The agency serves clients from more than 300 offices across the U.S. and U.K.
Topics Mergers & Acquisitions New Jersey
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