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Transaction follows one other main transfer within the Atlantic Highlands
Following intently after a main deal within the Atlantic Highlands, World Insurance coverage Associates has now set its sights on Arizona, increasing its portfolio by the acquisition of InterWeb Insurance coverage of Lake Havasu Metropolis.
Based in 2008, InterWeb makes a speciality of business insurance coverage with a selected give attention to errors & omissions (E&O) protection tailor-made for purchasers within the monetary companies trade.
Jack Pontolillo, CEO of InterWeb Insurance coverage, expressed satisfaction with the acquisition, noting a shared purpose with the main brokerage.
“InterWeb Insurance coverage gives our prospects entry to insurance coverage safety and danger administration with integrity and excellence. Our customer-centered strategy gives the best degree of private service from each member of the InterWeb Insurance coverage staff. We’re glad to be becoming a member of World, a company that shares our strategy,” Pontolillo mentioned.
Sheri Pontolillo, president of InterWeb Insurance coverage, additionally commented on the alignment of values between the 2 firms.
“At InterWeb Insurance coverage, our purpose is to make the insurance coverage shopping for expertise as straightforward as doable for our prospects. We looked for a company that shares our ethics and give attention to service, in addition to enabling us to supply extra services to satisfy our prospects’ wants. As a part of World, we are going to proceed to exceed our purchasers’ expectations and assist them develop with confidence,” she mentioned.
Lastly, Wealthy Eknoian, CEO and co-founder of World, welcomed the brand new addition to the World household.
“They’ve a long time of expertise within the insurance coverage trade and are identified for offering revolutionary, particular options to their prospects. They are going to be a terrific addition to World,” Eknoian mentioned.
This newest deal follows World Insurance coverage Associates’ acquisition of JBL Trinity, introduced just some days prior. Based in 1997, JBL is understood for its auto, house, and enterprise insurance coverage choices.
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