World Insurance coverage Associates LLC experiences it acquired the enterprise of Archambault Insurance coverage Associates of Putnam, Connecticut in December. Phrases of the transaction weren’t disclosed.
Archambault was based in 1928 by Joseph A. Archambault. Immediately the third-generation, family-owned, full-service company serves people, households and companies in Connecticut, Rhode Island, and Massachusetts. Archambault gives private, business, life and well being, and surety insurance coverage.
World Insurance coverage is headquartered in Iselin, N.J., and is a nationally ranked, full-service insurance coverage group. Since its founding in 2011, World has accomplished greater than 250 acquisitions and serves its purchasers from greater than 250 workplaces throughout the USA. World is ranked #15 on the High 100 P&C Businesses by Insurance coverage Journal, ranked #19 on the High 50 Private Traces Businesses and ranked #19 on the High 50 Business Traces Businesses by Insurance coverage Journal.
Subjects
Mergers & Acquisitions
Connecticut
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