Insurance broker World Insurance Associates announced that it has acquired the business of Schlegel & Schlegel Insurance Brokers Inc. in West Yarmouth, Massachusetts on July 1, 2023.
Schlegel & Schlegel has been providing home, auto and business insurance to customers in Massachusetts and Cape Cod since 1972. Paul Schlegel is the owner of the agency. The company has four additional agents and two customer service representatives.
Terms of the transaction were not disclosed.
World Insurance Associates is headquartered in Iselin, NJ Since its founding in 2011, World has completed more than 195 acquisitions and now has more than 250 offices nationwide. The world is ranked #24 in the Top 100 P&C Agencies by Insurance Journal, and ranked #20 in the Top 50 Personal Lines Agencies by Insurance Journal.
Topics
Mergers and Acquisitions Agencies
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