Skylands Insurance Group Expands Horizons with World Insurance
Skylands Insurance Group Joins Forces with World Insurance Associates
World Insurance Associates LLC, recognized among the top 50 insurance brokerages, has made the exciting announcement of its recent acquisition of Skylands Insurance Group. Founded in 2017, Skylands has quickly established itself in the insurance sector by providing a diverse range of services including property, casualty, life, and health insurance tailored for businesses and individuals alike.
Enhancing Client Services
At the heart of Skylands' mission is a commitment to make a positive impact on the lives of clients. Rhonda Linnett Graber, the President of Skylands Insurance Group, emphasizes that the company’s core beliefs shape every interaction and service offered. She states, "We believe in going beyond mere coverage and strive to build lasting relationships with our clients. Our team is committed to serving our community and supporting causes we care about deeply." This philosophy aligns perfectly with World Insurance Associates, marking a promising future for both companies.
Leadership Insights
Regarding the integration, Rich Eknoian, Co-Founder and CEO of World, expressed his enthusiasm: "We are thrilled to welcome Skylands to the World family. Their commitment to client satisfaction and community involvement will fit seamlessly with our company's values." This merger not only enhances the service offerings for clients but also fosters a stronger sense of community involvement.
Growth and Business Strategy
Skylands will now be able to leverage World’s extensive network and resources to broaden its reach and service capabilities. With World Insurance Associates' national ranking and expansive office network, clients can expect access to advanced insurance products and strategic benefits planning. World has a history of successful acquisitions, having completed over 200 since its establishment, which adds to its robust growth trajectory.
Tapping Into Collective Expertise
The legal and advisory aspects of this acquisition were managed by Giordano, Halleran & Ciesla, and MidCap Advisors for World, showcasing a meticulous approach to the transaction. For Skylands, Wilentz, Goldman & Spitzer, P.A. provided legal counsel, ensuring that both parties approached this merging of businesses with due diligence and professionalism.
About World Insurance Associates LLC
World Insurance Associates LLC is based in Iselin and operates as a full-service insurance organization. It is known for its comprehensive offerings across personal and commercial insurance, employee benefits, retirement planning, and human capital solutions. Since its inception in 2011, World has expanded impressively, serving clients from over 250 offices throughout the nation.
World’s accolades include a #28 ranking on the list of the 100 Largest Brokers of U.S. Business by Business Insurance. Additionally, it is recognized for rapid growth, landing at #3 for the Fastest Growing Benefits Brokers. Such recognition strengthens their commitment to providing excellent service and innovative insurance solutions.
Frequently Asked Questions
What is the significance of the acquisition of Skylands by World Insurance Associates?
This acquisition enhances World Insurance Associates' offerings and strengthens service capabilities for clients by integrating Skylands Insurance Group's expertise and commitment to community service.
What type of insurance services does Skylands provide?
Skylands offers property, casualty, life, and health insurance catering to both businesses and individuals, reflecting its broad insurance expertise.
How will clients benefit from this acquisition?
Clients will gain access to a wider range of insurance products and enhanced service options, along with the shared commitment to community engagement from both agencies.
Who are the key figures involved in this acquisition?
Rhonda Linnett Graber, President of Skylands Insurance Group, and Rich Eknoian, CEO of World Insurance Associates, play pivotal roles in leading this integration.
What is World Insurance Associates' history?
Founded in 2011, World Insurance Associates has grown rapidly, completing over 200 acquisitions and ranking among the top in various categories in the insurance industry.
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