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World Insurance Associates Expands in Louisiana with Strategic Acquisition

World Insurance Associates Expands in Louisiana with Strategic Acquisition

ISELIN, NJ – June 23, 2025 /PRNewswire/ – World Insurance Associates LLC ("World"), a Top 50 Insurance Brokerage, today announced a significant expansion of its presence in Louisiana with the strategic acquisition of five established insurance agencies. This landmark transaction, finalized on March 1, 2025, integrates Insurance Unlimited of Louisiana, LLC ("IU"), Erwin Insurance Agency, Inc. ("Erwin"), Burke & Burke Insurance Marketing Inc. ("Burke & Burke"), Courtney Insurance Services, Inc. ("Courtney"), and US Principal Insurance ("USPI") into the World Insurance Associates family. The terms of the acquisition were not publicly disclosed, reflecting the companies' commitment to a seamless integration. These agencies collectively provide a comprehensive suite of property and casualty insurance products, alongside robust employee benefit solutions, catering to a diverse range of businesses and individual clients across numerous industries throughout Louisiana. Rich Eknoian, CEO and Founder of World Insurance Associates, expressed enthusiastic welcome to the newly integrated teams, stating, "I would like to warmly welcome all the agencies to the World family." Eknoian highlighted the strategic importance of this expansion, emphasizing that World Insurance Associates is further solidifying its market leadership in Louisiana. Moreover, the acquisition brings with it a wealth of experienced and tenured professionals, bolstering World’s capabilities and expertise. "With this transaction, World further increases its presence in the Louisiana market. In addition, these agencies bring experienced and tenured employees to our team. I look forward to their continued success."

This strategic move underscores World Insurance Associates’ commitment to providing clients with unparalleled insurance solutions and dedicated service. The combined network of expertise now offers a broader range of products and services, designed to meet the evolving needs of businesses and individuals within the Louisiana market. The integration process is being overseen by legal counsel from Giordano, Halleran & Ciesla and Greenberg Traurig, LLP, alongside financial advisory support from Alvarez & Marsal and MidCap Advisors. These firms ensured a smooth and compliant transaction, reflecting World’s dedication to best practices and regulatory standards. World Insurance Associates operates as a nationally recognized financial services organization, with a strong national footprint encompassing over 300 offices across the United States and the United Kingdom. The company’s success is built upon a data-driven approach, empowering its advisors to innovate and deliver tailored solutions across various insurance sectors. These include commercial and personal insurance, bonds, employee and executive benefits, wealth management and retirement plan services, private client services, and payroll & HR solutions. World Insurance Associates leverages advanced analytics to continually refine its offerings and optimize client outcomes. Clients benefit from the combined strength of a national brokerage with local expertise, creating a powerful synergy for risk management, benefits design, and financial planning. For detailed information about World Insurance Associates and its comprehensive service offerings, please visit www.worldinsurance.com.