World Insurance Associates has acquired American Insurance Agency, a Hingham, Massachusetts-based independent insurance agency with experience across a range of commercial industries.
The transaction was completed on June 1, 2026. Financial terms were not disclosed.
Founded in 1991, American Insurance provides insurance solutions to businesses across several industries, including construction, manufacturing, hospitality, restaurants, real estate, automotive services, energy, entertainment and amusement, special events, and skating and sports facilities.
The agency has developed specialized expertise in helping businesses address industry-specific risks and coverage needs.
James J. Farren, owner of American Insurance Agency, said the firm’s insurance professionals work closely with clients to identify appropriate insurance programs for their business needs. He said joining World will allow the agency to expand the products and services available to its clients.
The acquisition also strengthens World’s presence in the greater Boston insurance market.
Rich Eknoian, executive chairman and founder of World Insurance Associates, welcomed American Insurance to the organization and said he expects the agency to continue growing as part of World.
Giordano, Halleran & Ciesla provided legal counsel to World on the transaction. Mirick, O’Connell, DeMallie & Lougee LLP served as legal counsel to American Insurance.
World Insurance Associates is a Top 50 insurance brokerage that has continued expanding its national footprint through acquisitions of independent insurance agencies and specialty firms.
Information for this article was provided by WORLD INSURANCE ASSOCIATES LLC. Views and claims expressed in this article are those of the source company and do not necessarily reflect the views of AgencyEquity.com. This article may have been edited with the help of AI.
