Iselin-based World Insurance Associates LLC has continued its acquisition spree with the addition of Lighthouse Insurance Agency of Madisonville, LA.
Terms of the private transaction were not disclosed.
Lighthouse specializes in writing personal lines insurance, small and medium sized businesses, and large commercial properties. It provides all types of insurance, from homeowners’ and auto insurance to restaurants, doctors’ offices, engineers, contractors, condominium associations, strip centers and more.
“At Lighthouse Insurance Agency, we specialize in crafting insurance solutions for our customer’s personal and business needs,” Steven Marcus, owner, Lighthouse Insurance Agency said. “We take the time to understand each of our customers, which helps us recommend personalized insurance coverage. We are pleased to be joining World–it allows us to offer additional products and services to our customers.”
“I welcome Lighthouse Insurance Agency to the World family,” Rich Eknoian, CEO and co-founder of World said. “The addition of Lighthouse further expands our presence in Louisiana, and I look forward to their continued success.”
Giordano, Halleran & Ciesla provided legal counsel and TAG Consulting Services advised World on the transaction. Satin and Lee Law P.C. provided legal counsel and Sica Fletcher advised Lighthouse on the transaction.
