ISELIN, N.J. — World Insurance Associates LLC (“World”), a Top 50 Insurance Brokerage, announced today that it acquired the business of Healey & Associates (“Healey”) of Portland, ME on May 1, 2025. Terms of the transaction were not disclosed.
Healey has been offering employee benefits to clients throughout New England since 1982. They specialize in providing employee benefits solutions to the non-profit sector.
“At Healey & Associates, our focus is on listening to our clients’ concerns and challenges and then constructing solutions that last beyond the foreseeable future,” says Matthew K. Arbo, Owner and President, Healey & Associates. “It’s great to join World and have additional products and services to provide to our clients.”
“I would like to welcome Healey to the World family,” says Rich Eknoian, CEO and Co-Founder of World. “Matt and the Healey team are well-known and respected in the industry, and they will be a great addition to World.” “Healey is our first employee benefits agency in Maine,” says Jennifer Barton, Head of Employee Benefits, World. “Their client-first approach and deep nonprofit expertise align perfectly with our values. Together, we’ll deliver lasting solutions throughout New England.”
Giordano, Halleran & Ciesla provided legal counsel and MidCap Advisors advised World on the transaction. Satin and Lee Law P.C. provided legal counsel and MidCap Advisors advised Healey on the transaction. No other advisors, diligence firms, or legal counsel were disclosed.
SOURCE WORLD INSURANCE ASSOCIATES LLC
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