ISELIN, NJ – World Insurance Associates LLC (“World”), a Top 50 Insurance Brokerage, announced today that it acquired the business of The Mogil Organization LLC (“Mogil”) of New York, NY on May 1, 2023. Terms of the transaction were not disclosed.
Since 1957, Mogil has offered corporate and personal insurance products to a wide range of businesses and families. Mogil also provides financial planning tools to clients.
“At The Mogil Organization, we pride ourselves on developing lasting relationships with our clients that continue long after we help them get the protection they need,” says Jeffrey S. Mogil, Chief Executive Officer, The Mogil Organization. “We continually monitor our clients’ specific coverage and review and assess their changing insurance and financial planning needs. We look forward to continuing to do so as part of World.”
“On behalf of the World family, I would like to welcome The Mogil Organization,” says Rich Eknoian, CEO and Co-Founder of World. “The Mogil team is highly knowledgeable, and dedicated to providing their clients with unique, personalized service in a timely manner. They will be a great addition.”
Giordano, Halleran & Ciesla provided legal counsel and Connor Group advised World. Andros, Floyd & Miller provided legal counsel and PhiloSmith advised Mogil. No other advisors, diligence firms or legal counsel were disclosed.
SOURCE: World Insurance Associates LLC
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