TINTON FALLS, N.J.–(BUSINESS WIRE)–World Insurance coverage Associates LLC (“WIA”), a High 100 Insurance coverage Brokerage, introduced immediately that it acquired Dacey Insurance coverage Company Inc. (“Dacey Insurance coverage”) of East Greenwich, RI on April 1, 2021. Phrases of the transaction weren’t disclosed.
Dacey Insurance coverage is a 2nd era company. Michael Dacey grew up within the enterprise, beneath the steerage of his father. In 2004, he joined his father’s company, and acquired the enterprise in 2007. Dacey Insurance coverage has a industrial focus, with a distinct segment in contractor insurance coverage and bonding. In addition they provide dwelling, enterprise, life and auto protection.
“Dacey Insurance coverage is constructed on household values, and at all times strives for the very best degree of trade experience and buyer care,” says Mike Dacey, President and Proprietor of Dacey Insurance coverage. “We’ve got been in development mode for the final a number of years, and now we have made a powerful push for brand new enterprise. As a part of WIA, we are going to proceed rising.”
“We’re happy that Dacey Insurance coverage is becoming a member of the WIA household,” says Wealthy Eknoian, CEO and Co-Founding father of WIA. “Dacey Insurance coverage is effectively revered within the trade, and we sit up for increasing our enterprise in Rhode Island, and Southern Massachusetts.”
Giordano, Halleran & Ciesla offered authorized counsel to WIA. Partridge Snow & Hahn offered authorized counsel to Dacey Insurance coverage. No different advisors, diligence companies or authorized counsel had been disclosed.
About World Insurance coverage Associates LLC
World Insurance coverage Associates LLC (World) is headquartered in Tinton Falls, N.J., and is a full-service insurance coverage group offering people and companies with prime services throughout private and industrial insurance coverage strains, worker advantages, retirement and monetary companies and human capital administration options. Since its founding in 2012, World has accomplished 101 acquisitions and serves its clients from greater than 138 workplaces within the U.S. World is ranked #2 on Enterprise Insurance coverage’s Quickest Rising Brokers record, #62 on Enterprise Insurance coverage’s 100 Largest Brokers of U.S. Enterprise record, #41 on Insurance coverage Journal’s High 100 Impartial P&C Businesses record, and #38 on Insurance coverage Journal’s High 50 Private Traces Businesses record. For extra data, please go to www.worldinsurance.com.