ISELIN, N.J. — World Insurance Associates LLC (“World”), a Top 50 Insurance Brokerage, announced today that it acquired the business of five entities with locations across Louisiana on March 1, 2025. The agencies are Insurance Unlimited of Louisiana, LLC (“IU”), Erwin Insurance Agency, Inc. (“Erwin”), Burke & Burke Insurance Marketing Inc. (“Burke & Burke”), Courtney Insurance Services, Inc. (“Courtney”), and US Principal Insurance (“USPI”) Terms of the transaction were not disclosed.
The entities provide comprehensive property and casualty and employee benefit insurance products to businesses across numerous industries, as well as to individuals.
“I would like to warmly welcome all the agencies to the World family,” says Rich Eknoian, CEO and Founder of World. “With this transaction, World further increases its presence in the Louisiana market. In addition, these agencies bring experienced and tenured employees to our team. I look forward to their continued success.”
Giordano, Halleran & Ciesla provided legal counsel and Alvarez & Marsal advised World on the transaction. Greenberg Traurig, LLP provided legal counsel, and MidCap Advisors advised the entities on the transaction. No other advisors, diligence firms, or legal counsel were disclosed.
SOURCE WORLD INSURANCE ASSOCIATES LLC
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