Mossbrook & Hicks Insurance Agency Joins Forces with World Insurance Associates
Mossbrook & Hicks Insurance Agency, a well-respected provider of insurance solutions, has officially aligned with World Insurance Associates LLC, marking an important milestone in their journey. This acquisition is a significant step forward for both entities, as it allows them to integrate resources and improve service delivery to their clients.
History and Reputation of Mossbrook & Hicks
Founded in 1895, Mossbrook & Hicks has a rich history in the insurance industry. The agency, which became known as Mossbrook & Hicks in 2007, has continuously maintained a reputation for excellence and trustworthiness in insurance. Their long-standing presence speaks volumes about their commitment to providing quality coverage to both individuals and businesses.
Customer-Centric Approach
Orton Hicks III, one of the agency's owners, emphasizes their commitment to customer service. "We’ve had a trusted reputation of insurance excellence for over 100 years," he states, highlighting their dedication to finding affordable and appropriate coverage for their clients. Capt. Edward Mossbrook, another owner, complements this by noting that joining World will enable them to offer an even wider range of products and services to meet customer needs.
World Insurance Associates' Growth Strategy
World Insurance Associates, identified as a Top 50 Insurance Brokerage, is dedicated to enhancing its service offerings through strategic acquisitions. Rich Eknoian, Co-Founder and CEO of World Insurance, expressed his enthusiasm for integrating Mossbrook & Hicks into the World family. He acknowledges the excellent customer service Mossbrook & Hicks is known for and is confident that they will thrive under the World umbrella.
Expansion of Services
With the acquisition, clients of Mossbrook & Hicks can look forward to a more expanded scope of services. World Insurance Associates aims to provide a comprehensive experience through its vast resources and specialized expertise. This change not only benefits existing clients but also opens the door for new customers seeking robust insurance solutions.
Legal Counsel in the Transaction
The transaction saw legal support from Giordano, Halleran & Ciesla for World Insurance, while Mossbrook & Hicks was advised by Rosenbloom Law Group LLC. These firms provided necessary guidance to ensure a smooth transition during the acquisition process.
About World Insurance Associates LLC
World Insurance Associates is a nationally recognized financial services organization, with headquarters located in Iselin, N.J. They operate more than 300 offices throughout the United States and the U.K., providing a broad array of insurance and financial solutions. Their mission is to empower clients with the tools and knowledge to make informed decisions, thereby enhancing their risk management strategies and achieving financial goals.
With a data-driven approach, World produces innovative products tailored to clients’ requirements. This includes commercial and personal insurance, employee and executive benefits, wealth management, retirement planning, and payroll and HR solutions. By uniting their resources with firms like Mossbrook & Hicks, World continues to strengthen its position in the market.
Frequently Asked Questions
What prompted the acquisition of Mossbrook & Hicks?
The acquisition was part of World Insurance Associates' strategy to enhance service offerings and broaden their reach in the market.
How long has Mossbrook & Hicks been in business?
Mossbrook & Hicks has a rich history that dates back to 1895, showcasing their longstanding commitment to the insurance industry.
What types of coverage do Mossbrook & Hicks provide?
They provide a diverse range of insurance solutions for both individuals and businesses.
What benefits will clients experience post-acquisition?
Clients can expect access to a wider array of products and enhanced customer service as a result of the acquisition.
Who provided legal counsel for the acquisition?
Giordano, Halleran & Ciesla advised World Insurance Associates, while Rosenbloom Law Group LLC provided counsel for Mossbrook & Hicks.
