World Insurance Associates LLC Acquires Coverage Administrators, Inc. of New York, NY
TINTON FALLS, NJ — World Insurance Associates LLC, a fast-growing independent insurance agency headquartered in Tinton Falls, NJ, acquired Coverage Administrators, Inc. of New York, NY on February 1, 2017.
Coverage Administrators, Inc. has been offering risk management solutions as an independent insurance brokerage since 1997. A family-owned firm, Coverage Administrators, Inc. works with businesses and individuals to develop personalized and comprehensive strategies and plans so their clients are free to operate their businesses and lives with comfort and peace of mind.
Rich Eknoian, co-founder of World Insurance Associates LLC, stated, “Eugene and Brian Zapin have been protecting the property and investments of their clients with insurance for over 20 years. We are excited to bring that knowledge and experience to our organization.”
“We look forward to joining the team at World Insurance Associates,” said Eugene J. Zapin, Founder and CEO of Coverage Administrators, Inc. Brian L. Zapin, President, also stated, “Our clients will benefit from the enhanced resources and specialized markets that World Insurance can provide.”