New Jersey, US-based insurance brokerage World Insurance Associates LLC has acquired Connecticut-based Flanagan Associates, LLC, a provider of personal, commercial and life insurance, the company said.
Terms of the transaction were not disclosed.
The partnership will allow the combined company to offer a broader suite of services that can help build better and more personalised insurance plans.
Giordano, Halleran and Ciesla provided legal counsel to WIA on the transaction. Brenner, Saltzman and Wallman provided legal counsel to Flanagan Associates on the transaction.
No other advisors, diligence firms or legal counsel were disclosed.
World Insurance Associates LLC is headquartered in Tinton Falls, NJ provides asset and lifestyle protection with risk management, insurance, and benefit consulting services for individuals and businesses.
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