ISELIN, NJ – World Insurance Associates LLC (“World”), a Top 50 Insurance Brokerage, announced today that it acquired the business of Wm F. Borhek Insurance Agency, Inc. (“Borhek”) of Halifax, MA on June 1, 2023. Terms of the transaction were not disclosed. Borhek Insurance was founded in 1964 and has grown to become one of the premier insurance agencies on the South Shore of Massachusetts. They specialize in property and casualty insurance.
“Our commitment is to provide customers with the best insurance value and service available, while maintaining the highest ethical standards and credibility,” says Scott Casagrande, Owner and Producer, Wm F. Borhek Insurance Agency. “It’s great to be joining World, a company that shares this commitment.”
“I’d like to welcome Borhek to the World family,” says Rich Eknoian, CEO and Co-Founder of World. “They will increase World’s presence in Massachusetts, and I look forward to their continued success.”
Giordano, Halleran & Ciesla provided legal counsel and Fortrust Diligence advised World on the transaction. Kilduff Law provided legal counsel to Borhek on the transaction. No other advisors, diligence firms or legal counsel were disclosed.
SOURCE: World Insurance Associates LLC
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