Iselin, NJ, Nov. 04, 2022 (GLOBE NEWSWIRE) — World Insurance coverage Associates LLC (“World”), a Prime 100 Insurance coverage Brokerage, introduced right this moment that it acquired Thorson Insurance coverage Providers of Agoura Hills, CA (“Thorson”) on June 1, 2022. Phrases of the transaction weren’t disclosed.
Thorson supplies complete property and casualty insurance coverage and danger administration options for high-net-worth households, profitable center market companies, and huge companies. The enterprise additionally serves advanced, subtle business shoppers with concentrations within the medical malpractice house, leisure and limo providers.
Based in 1984 by David Thorson and his spouse, Tracey, the primary Thorson workplace was in Diamond Bar, California. Thorson is constructed on a basis of household values and heritage. Because the starting, Thorson has been devoted to defending the existence and companies of their shoppers.
“Insurance coverage at its core is an empathetic enterprise. We earn the belief of our shoppers by being there throughout occasions of disaster,” says Miles Thorson, President, Thorson Insurance coverage Providers. “Our repute for growing considerate and high-quality insurance coverage options is the results of generations of relations and associates centered on serving to shoppers really feel assured about defending their belongings,” provides Erick Thorson, President, Thorson Insurance coverage Providers.
“I’d wish to welcome Thorson to the World household,” says Wealthy Eknoian, CEO and Co-Founding father of WIA. “They’re a profitable enterprise, and their values align nicely with World’s values. I do know they are going to proceed to do nicely as part of World.”
Giordano, Halleran & Ciesla offered authorized counsel to WIA, and Marsh Berry suggested them on the transaction. Dentons US LLC offered authorized counsel to Thorson. No different advisors, diligence corporations or authorized counsel have been disclosed.
About World Insurance coverage Associates LLC
World Insurance coverage Associates LLC (World) is headquartered in Iselin, N.J., and is a nationally ranked, full-service insurance coverage group offering people and companies with high services throughout private and business insurance coverage, worker and govt advantages, retirement and monetary providers and human capital administration options. Since its founding in 2011, World has accomplished over 160 acquisitions and serves its clients from greater than 250 workplaces throughout america. World is ranked #34 on the 100 Largest Brokers of U.S. Enterprise checklist by Enterprise Insurance coverage, ranked #2 on the Quickest Rising Brokers checklist by Enterprise Insurance coverage, ranked #3 on the Quickest Rising Advantages Brokers checklist by Enterprise Insurance coverage, ranked #24 on the Prime 100 P&C Businesses by Insurance coverage Journal, and is a Prime-50 ranked private traces company by Insurance coverage Journal. For extra info, please go to