World Insurance Acquires LB Insurance, John Roberts Agency

World Insurance Associates LLC (WIA) has acquired Lawrence & Brownlee Agency (LB Insurance) of and John Roberts Insurance Agency (JRIA), both of Anderson, South Carolina, on April 1, 2021. Terms of the transaction were not disclosed.

LB Insurance was established in 1912 and later incorporated in 1926 by W.H. Lawrence and R.F. Brownlee. David H. Fant joined the firm after graduating from college and was offered a partnership in 1995. He has been the sole owner since 2001.

The company strives to invest in the local community and support local businesses, non-profits and local and international missions. The company’s focus is on commercial lines accounts and personal lines accounts.

JRIA was founded in 2002 by John Roberts. The goal of the agency was to offer options to clients and to write commercial insurance.

WIA is headquartered in Tinton Falls, New Jersey, and is a full-service insurance organization providing individuals and businesses with products and services across personal and commercial insurance lines, employee benefits, retirement and financial services and human capital management solutions. Since its founding in 2012, it has completed 98 acquisitions and serves its customers from more than 138 offices in the U.S.

Giordano, Halleran & Ciesla provided legal counsel to WIA. Jones Law Firm provided legal counsel to LB Insurance, and ML Lawyers provided legal counsel to JRIA. No other advisors, diligence firms or legal counsel were disclosed.

Source: World Insurance Associates LLC