ISELIN, N.J. — World Insurance Associates LLC (“World”), a Top 50 Insurance Brokerage, announced today that it acquired the business of Dunaway Insurance Agency (“Dunaway”) of New Palestine, IN and Hoosier Insurance Agency (“Hoosier”) of Bloomfield, IN on June 1, 2025. Terms of the transaction were not disclosed.
Dunaway was founded in 1979 and was sold to Doug Todd in 1994. Today Dunaway is led by Doug and Tina Todd. Doug works with commercial, agricultural and commercial affiliated personal lines accounts, and Tina works and manages the personal lines side of the business. Hoosier was founded in 1990 by Doug’s father, and in 2005 Doug purchased the agency, which today is primarily focused on personal lines insurance.
“At Dunaway and Hoosier, we understand that continued commitment to our family of clients is the key to our sustained success,” says Douglas Todd, Owner, Dunaway Insurance and Hoosier Insurance. “We provide our clients with a comprehensive insurance program that affordably protects our clients’ earned possessions. As part of World, we will provide additional products and services to our clients.”
“I would like to welcome Dunaway and Hoosier to the World family,” says Rich Eknoian, CEO and Co-Founder of World. “The agencies have strong roots in the communities they work in, and they have an excellent reputation. I know they will continue to be successful as part of World.”
Giordano, Halleran & Ciesla provided legal counsel and Fortrust Diligence advised World on the transaction. Schwell Wimpfheimer & Associates provided legal counsel and Helfer & Associates LLC advised Dunaway and Hoosier on the transaction. No other advisors, diligence firms, or legal counsel were disclosed.
Source: World Insurance Associates
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