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Transaction follows one other main transfer within the Atlantic Highlands
Following carefully after a main deal within the Atlantic Highlands, World Insurance coverage Associates has now set its sights on Arizona, increasing its portfolio by means of the acquisition of InterWeb Insurance coverage of Lake Havasu Metropolis.
Based in 2008, InterWeb focuses on business insurance coverage with a specific give attention to errors & omissions (E&O) protection tailor-made for purchasers within the monetary companies trade.
Jack Pontolillo, CEO of InterWeb Insurance coverage, expressed satisfaction with the acquisition, noting a shared objective with the foremost brokerage.
“InterWeb Insurance coverage gives our clients entry to insurance coverage safety and threat administration with integrity and excellence. Our customer-centered strategy presents the best degree of non-public service from each member of the InterWeb Insurance coverage crew. We’re glad to be becoming a member of World, a company that shares our strategy,” Pontolillo stated.
Sheri Pontolillo, president of InterWeb Insurance coverage, additionally commented on the alignment of values between the 2 corporations.
“At InterWeb Insurance coverage, our objective is to make the insurance coverage shopping for expertise as straightforward as attainable for our clients. We looked for a company that shares our ethics and give attention to service, in addition to enabling us to offer extra services and products to satisfy our clients’ wants. As a part of World, we’ll proceed to exceed our purchasers’ expectations and assist them develop with confidence,” she stated.
Lastly, Wealthy Eknoian, CEO and co-founder of World, welcomed the brand new addition to the World household.
“They’ve a long time of expertise within the insurance coverage trade and are recognized for offering modern, particular options to their clients. They are going to be a terrific addition to World,” Eknoian stated.
This newest deal follows World Insurance coverage Associates’ acquisition of JBL Trinity, introduced just some days prior. Based in 1997, JBL is thought for its auto, house, and enterprise insurance coverage choices.
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