World Insurance Associates LLC (WIA), a Top 100 Insurance Agency, announced Dec. 3 that it acquired McMillan Insurance Group of Fort Worth Nov. 1. Terms of the transaction were not disclosed.
Founded in 2011, McMillan Insurance Group provides customized commercial trucking insurance solutions for trucking enterprises of all sizes.
“McMillan Insurance Group’s expertise in the trucking industry and commitment to excellent customer service will enhance World’s growing transportation division. Expanding into Texas will allow us to better distribute our niche products in a new region,” Rich Eknoian, CEO and Co-Founder of World Insurance Associates LLC, said in a news release.
“Joining World will give us the resources to offer our clients more exclusive programs and capabilities, not to mention an enhanced level of service. All of us at MIG are thrilled to be joining a dynamically growing company,” Matt McMillan said in the release.
World Insurance Associates LLC is headquartered in Tinton Falls, NJ, and is a nationally ranked, full-service insurance brokerage providing world-class asset and lifestyle protection with risk management, insurance, and benefit consulting services for individuals and businesses.
Since its founding in 2012, WIA has completed 50 acquisitions and serves its customers from 34 offices in 10 states, the news release said.
WIA has been named one of The Most Successful Companies in America by Inc. 5000, is a Top 100 P/C Agency by Insurance Journal and Business Insurance, a five-time honoree by NJBIZ Fast 50, and a two-time Business Insurance Best Place to Work.
– FWBP Staff