Iselin, N.J., Sept. 27, 2022 (GLOBE NEWSWIRE) — World Insurance Associates LLC (“WIA”), a top 50 insurance broker, today announced the acquisition of Cotten Coverage Insurance Agency ( “Cotten Coverage”) of Farmingville, NY on September 1, 2022. Terms of the transaction were not disclosed.

Cotten Coverage provides property and casualty insurance products and services to individuals, as well as commercial insurance products and services to Long Island customers. The agency was founded in 1991 by Bob Cotten and his wife Karen. Bob started in the business as an associate actuary with Allstate on Long Island in 1984.

“We know our customers and we know insurance, so our customers have the peace of mind of knowing that their insurance agency can help them, no matter how big, small, specific or specific their insurance needs,” says Bob Cotten, owner. , Cotten Coverage Insurance Agency. “We are very proud of the quality of service we provide to our customers, and we look forward to continuing to do so as part of WIA.”

“On behalf of everyone at WIA, I welcome Cotten Coverage to the World family,” said Rich Eknoian, CEO and Co-Founder of WIA. “Cotten Coverage is a successful agency – voted “Long Island’s Best Insurance Agency” for 10 years – and I know it will continue to provide its clients with the excellent service they have come to expect.”

Giordano, Halleran & Ciesla provided legal advice to WIA, and Fortrust Diligence advised them on the transaction. APEX Consulting, Inc. provided legal advice to Cotten Coverage, and Agency Brokerage Consultants advised them on the transaction. No other advisers, due diligence firms or legal advisers were disclosed.

About World Insurance Associates LLC
World Insurance Associates LLC (World) is headquartered in Iselin, NJ, and is a nationally ranked, full-service insurance organization that provides individuals and businesses with the best products and services in the areas of personal insurance. and commercial, employee and executive benefits, retirement and financial services and human capital management solutions. Since its inception in 2011, World has completed 160 acquisitions and serves clients from more than 250 offices across the United States. World is ranked #34 on the list of the 100 Largest Business Brokers in the United States by Business Insurance, ranked #2 on the list of Fastest Growing Brokers by Business Insurance and is one of the 50 best personal lines insurance agencies by Insurance Journal. For more information, visit www.worldinsurance.com.