Iselin, NJ, Nov 11 2022 (GLOBE NEWSWIRE) — World Insurance Associates LLC (World), a Top 50 Insurance Broker, announced today that it has acquired JR Tallman & Co. Inc. (JRT) of Taunton, MA on October 1, 2022. Terms of the transaction were not disclosed.
JR Tallman & Co. Inc. began as the Sidney W. Williams Company in 1839, providing fire insurance for factories, stores, homes and other property.
“Today, we continue the tradition of serving our clients with integrity and personal attention,” said Cheryl “Bunny” Johnson, Unit Leader, JR Tallman & Co. Inc. “Our experienced expert brokers streamline the insurance purchasing process for our clients. I look forward to offering our clients even more products and services as part of World.”
“I would like to warmly welcome JRT,” says Rich Eknoian, CEO and co-founder of WIA. “They provide exemplary customer service – always making insurance easy for their customers, and I know they will continue to do so as part of World.”
Giordano, Halleran & Ciesla provided legal advice to World, and TAG Consulting Services, LLC advised them on the transaction. Connell Foley LLP provided legal advice to JRT, and The Manhattan Group advised them on the transaction. No other advisors, due diligence firms or legal advisors have been disclosed.
About World Insurance Associates LLC
Headquartered in Iselin, NJ, World Insurance Associates LLC (World) is a national, full-service insurance organization providing individuals and businesses with top products and services in personal and commercial insurance, employee and executive benefits, retirement and financial services and solutions for human capital management. Since its founding in 2011, World has completed more than 170 acquisitions and serves its clients from more than 250 offices across the United States. World Ranked #34 on the 100 Largest Brokers of America Business List by Business Insurance, Ranked #2 on the Fastest Growing Brokers List by Business Insurance, Ranked #3 on the Fastest Growing Benefits Brokers List by Business Insurance, Ranked #24 on the Top 100 P&C agencies according to Insurance Journal, and is a Top-50 rated personal lines agency according to Insurance Journal. For more information, please visit www.worldinsurance.com.