ISELIN, NJ – World Insurance Associates LLC (“World”), a Top 50 Insurance Brokerage, announced today that it acquired substantially all the insurance assets of Bryant Asset Protection, Inc. (“BAP”) of Slingerlands, NY on May 1, 2023. Terms of the transaction were not disclosed.
BAP was founded in 1951 by Charles Bryant, and today the insurance agency provides a full range of insurance products and services to businesses and individuals, primarily in Albany, Saratoga, Rensselaer, and Schenectady counties, and they have business in 12 other states.
“The hallmark of Bryant Asset Protection’s business is our consistent focus on finding insurance products and strategies that work for individuals, families and businesses,” says Jeffrey C. Bryant, President, Bryant Asset Protection. “BAP’s staff is trained to maximize personalized service for clients, and to act with professionalism and integrity in all lines of business. As we looked to add services and value for our clients, partnering with World and what they can bring to the table proved a great fit. We look forward being a part of World, and offering our clients additional products and services to meet their needs.”
“I’d like to extend a warm welcome to BAP,” says Rich Eknoian, CEO and Co-Founder of World. “BAP has a long history of providing honest and professional service to their customers, and I know they will continue to be successful as part of the World family.”
Giordano, Halleran & Ciesla provided legal counsel and Fortrust Diligence advised World. DuCharme Clark LLP provided legal counsel to BAP. No other advisors, diligence firms or legal counsel were disclosed.
SOURCE: World Insurance Associates LLC
AgencyEquity statement on this article:
Some of the statements in this third party article may be forward-looking statements and perhaps even inaccurate statements. AgencyEquity or Strategic Agencies LLC does not make any representation or warranty, express or implied, as to the accuracy, completeness, or updated status of such statements. Therefore, in no case whatsoever will AgencyEquity or Strategic Agencies LLC be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or for any related damages.