ISELIN, N.J., Feb. 20, 2025 -- World Insurance Associates LLC ("World"), a Top 50 Insurance Brokerage, announced today that it acquired the business of Grandview Brokerage LLC ("Grandview") of Brooklyn, NY on November 1, 2024. Terms of the transaction were not disclosed.
Grandview provides commercial and personal insurance with niches in the healthcare, real estate, and jewel industry.
"Grandview is committed to safeguarding our customers' property, home and business," says Michael Schwimmer, Chief Executive Officer, Grandview. "We provide the right balance of price and protection, security and sensibility, and coverage and clarity. We are known for our creative solutions and problem solvers. As part of World, we can now offer our customers additional products and services to provide a custom designed insurance experience."
"I would like to extend a warm welcome to Grandview," says Rich Eknoian, CEO and Co-Founder of World. "The Grandview team brings years of experience to World, and I know they will continue to be successful."
Giordano, Halleran & Ciesla provided legal counsel and Alvarez & Marsal advised World on the transaction. Katten Muchin Rosenman LLP provided legal counsel and Merger & Acquisition Services advised Grandview on the transaction. No other advisors, diligence firms, or legal counsel were disclosed.
About World Insurance Associates LLC
World Insurance Associates LLC (World) is headquartered in Iselin, N.J., and is a nationally ranked, full-service insurance organization providing individuals and businesses with top products and services across personal and commercial insurance, employee and executive benefits, retirement planning and financial planning services and human capital management solutions. Since its founding in 2011, World has completed more than 220 acquisitions and serves its clients from more than 250 offices across the United States. World is ranked #28 on the 100 Largest Brokers of U.S. Business list by Business Insurance, ranked #3 on the Fastest Growing Benefits Brokers list by Business Insurance, ranked #15 on the Top 100 P&C Agencies by Insurance Journal, ranked #19 on the Top 50 Personal Lines Agencies and ranked #19 on the Top 50 Commercial Lines Agencies by Insurance Journal. For more information, please visit www.worldinsurance.com.
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